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The Political Economy of Business Ethics in East Asia - A Historical and Comparative Perspective (Hardcover)
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The Political Economy of Business Ethics in East Asia - A Historical and Comparative Perspective (Hardcover)
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The Political Economy of Business Ethics in East Asia: A Historical
and Comparative Perspective deals with modes of ethical persuasion
in both public and private sectors of the national economy in East
Asia, from the periods of the fourteenth century, to the modern
era. Authors in this volume ask how, and why, governments in
pre-modern Joseon Korea, modern Korea, and modern Japan used moral
persuasion of different kinds in designing national economic
institutions. Case studies demonstrate that the concept of modes of
exchange first developed by John Lie (1992) provides a more
convincing explanation on the evolution of pre-modern and modern
economic institutions compared with Marx's modes of production as
historically-specific social relations, or Smith's free market as a
terminal stage of human economic development. The pre-modern and
modern cases presented in this volume reveal that different modes
of exchange have coexisted throughout human history. Furthermore,
business ethics or corporate social responsibility is not a purely
European economic ideology because manorial, market,
entrepreneurial, and mercantilist moral persuasions had widely been
used by state rulers and policymakers in East Asia for their
programs of advancing dissimilar modes of exchange. In a similar
vein, the domination of the market and entrepreneurial modes in the
twenty-first century world is also complemented by other competing
modes of change, such as state welfarism, public sector economies,
and protectionism.
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