Conclusions: In Search of a Global Moral Architecture

John H. Dunning

in Making Globalization Good

Published in print April 2003 | ISBN: 9780199257010
Published online November 2003 | e-ISBN: 9780191596223 | DOI:
 Conclusions: In Search of a Global Moral Architecture

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In the final chapter, John Dunning attempts to draw together the main themes and thoughts of the contributors to the book, and to summarize his own views on what might be done to upgrade the economic and moral ecology of global capitalism––in other words, to make globalization good. In doing so, he pays especial attention to the role that the globally oriented and promulgated values and behavioural norms of the various religious persuasions can play in advancing this goal. The chapter is divided into three main sections corresponding to the three questions that each of the chapter authors was asked to address: (1) How far, and in what respects, does the current stage of global (or globalizing) capitalism (GC) fall short of its social acceptability and long‐term sustainability? (2) To what extent can its deficiencies be attributed to a dearth, or misuse, of moral capital, or an inadequacy of incentive or control mechanisms to minimize moral failure? (3) What might be done to upgrade the moral attitudes and behaviour of individuals and the ethical mores of the institutions of GC––and of the system itself––without sacrificing its many economic and social benefits, and, most noticeably, the freedom of choice and lifestyles that it offers its participants?

Keywords: behavioural norms; capitalism; economic benefits; ethics; freedom of choice; global capitalism; globalization; institutions; moral ecology; morality; religion; social acceptability; social benefits; sustainability; values

Chapter.  13467 words. 

Subjects: International Economics

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