Human Rights and Business Responsibilities in the Global Marketplace

Author:

Cassel Douglass

Abstract

Abstract:Communism lost the Cold War, not to pure free market capitalism, but to a range of diverse economic systems based on varying degrees and forms of social regulation of the market. Such social regulation was possible because both polities and economies were primarily national. Since the end of the Cold War, there has been rapid globalization of the economy, but not of effective social regulation. Incipient global political institutions are too weak to regulate global corporate power, while national governments no longer have sufficient reach to regulate large multinationals. Corporate self-regulation has begun, but only haltingly and mostly ineffectively.While global prosperity has risen dramatically in recent decades, not everyone has progressed since the end of the Cold War. Since 1990 some 55 countries have had declining per capita incomes, while inequality has risen within and between countries. It is too soon to say whether global capitalism will be saved from itself by regulation, just as American national capitalism may have been saved by the New Deal reforms it opposed. As Pope John Paul II has warned, the world must not succumb to a “radical capitalist ideology” which “blindly entrusts” social problems to market forces.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Philosophy,General Business, Management and Accounting

Cited by 45 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. How much (more) is fair to pay? The ethics of merit in assessing poverty wages in organizations;International Journal of Ethics and Systems;2024-06-05

2. Accounting for human rights: Evidence of due diligence in EU-listed firms’ reporting;Critical Perspectives on Accounting;2024-03

3. Governance of Firms, Poverty and Shared Responsibilities for Human Rights in UNGPs: Smart-Mix Regulation and CSR within Coalitions of the (Un)Willing;Corporate Social Responsibility Across the Globe;2023-06-01

4. Modern Slavery Risk Disclosures in Business Operations and Supply Chains;Advances in Environmental Accounting & Management;2022-03-28

5. Emerging Issues;Understanding Cybersecurity Law and Digital Privacy;2021-12-02

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3