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Wealth, Welfare and the Global Free Market - A Social Audit of Capitalist Economics (Hardcover, New Ed)
Loot Price: R2,830
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Wealth, Welfare and the Global Free Market - A Social Audit of Capitalist Economics (Hardcover, New Ed)
Series: Corporate Social Responsibility
Expected to ship within 12 - 19 working days
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Can the free market system continue to operate in a traditional way
in a world that is now globally connected, financially
dysfunctional, and becoming environmentally damaged by excessive
consumption? Can an alternative approach that respects human
culture and values at least as much as it does profit be readily
identified? In this rigorous critique, the author, who is a former
member of a World Bank mission and adviser to the Turkish Prime
Minister, suggests that the answer to both questions is 'No'.
Emphasizing the distinction between wealth and welfare, Ozer Ertuna
recognises that the search for a helpful way forward based on
classical economic concepts, models and arguments is likely to
prove fruitless. In this challenging book you are invited to
consider that different approaches are needed. Using a mixture of
theory and practical examples, Professor Ertuna examines markets
and international trade in the era of globalization from
scientific, economic, cultural, philosophical and faith-based
viewpoints. He explains how what he describes as 'The Science of
the 21st Century' may be part of any new emergent order. His survey
of the different perspectives details what is being proposed by the
'Post Autistic Economics' movement; the Nobel laureates of the
Santa Fe Institute; 'critical theoreticians'; environmentalists;
and others. Vedic philosophy, other belief systems, and the
significance of Anatolian culture may not be part of the usual
discourse for business leaders, but as the role of business in
society becomes ever more critical, an understanding of the range
of perspectives brought to us by this book becomes increasingly
essential. Those with an academic interest in the issues addressed
here, as well as business and community leaders, policy makers, and
those in government and non-governmental organizations will want to
read this valuable addition to Gower's highly respected Corporate
Social Responsibility Series.
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