Morality of Markets

Overview

Essays from distinguished economists, ethicists, and theologians are included in this unique collection, which explores the moral and ethical foundations of the free market. From the economic and philosophical perspective, the notion that private property and market exchanges are inherently unjust is systematically disproved. Addressing critical issues ranging from the underlying ethics of voluntary exchange to the role of markets in the teaching of major world religions, these essays ...

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Overview

Essays from distinguished economists, ethicists, and theologians are included in this unique collection, which explores the moral and ethical foundations of the free market. From the economic and philosophical perspective, the notion that private property and market exchanges are inherently unjust is systematically disproved. Addressing critical issues ranging from the underlying ethics of voluntary exchange to the role of markets in the teaching of major world religions, these essays conclude that capitalist markets are fundamentally moral and that government interventions in capitalist acts among consenting adults are dissolute.

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Editorial Reviews

From the Publisher
"This book is an attempt to prove that capitalism does indeed have a soul, and an uplifting moral one . . . summarises, explains, and expounds on the ideas in the essays in an excellent overview. Gurcharan Das' 'Foreword' puts forward a cogent argument why morality is essential for business" —Business Standard

"Singing the market's virtues.... the pieces are remarkably well written."—Businessworld

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Product Details

  • ISBN-13: 9788171883660
  • Publisher: Academic Foundation
  • Publication date: 4/1/2007
  • Pages: 358
  • Product dimensions: 5.75 (w) x 9.00 (h) x 1.40 (d)

Meet the Author

Parth J. Shah is founder and president of the Centre for Civil Society, a think tank based in New Delhi. He is the editor of Do Corporations Have Social Responsibility?, Friedman on India, and Profiles in Courage and the coeditor of Law, Liberty, and Livelihood and Terracotta Reader.

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