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Development in an Era of Capital Control investigates Corporate
Social Responsibility (CSR), a 21st century buzz word. Centred
around the responsibility of business to give back to society, this
idea is a departure from the traditional view that the
responsibility of business is to make a profit. Instead, it
supposes that business, society and government can unite to enhance
the quality of life in the community in which the business
operates. This book works from the premise that whereas CSR could
assist in developing communities, the quality and value of this
contribution is constrained by pre-existing inequalities in the
global system, which themselves can be traced to states' histories
and furthered by globalisation. Ciara Hackett shows that while the
concept of CSR was designed for an environment where all states are
equal, this does not ring true in the real world and consequently
the potential for CSR to contribute to development is restricted,
most profoundly in those states that would benefit the most.
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