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Making Globalization GoodThe Moral Challenges of Global Capitalism$
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John Dunning

Print publication date: 2003

Print ISBN-13: 9780199257010

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199257019.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 03 December 2020

Transformation of Society: Implications for Globalization

Transformation of Society: Implications for Globalization

(p.108) 5 Transformation of Society: Implications for Globalization
Making Globalization Good

Jack N. Behrman

Oxford University Press

This chapter looks beyond the transformation of economic priorities to those of society (or societies) at large, asking what are the challenges and opportunities of global capitalism for wider societal aspirations and goals, and what are the implications for the attitudes and behaviour of individuals and communities. In the analysis he presents, Jack Behrman pays especial attention to those goals of society, such as good health and the absence of violent behaviour, that are not normally captured in the standard measures of economic welfare. He identifies and discusses seven criteria of acceptability of a new global order, and outlines the contribution of the different elements of society in promoting these in an equitable and sustainable way. Behrman believes that the extended geographical radius of capitalism demands a careful reappraisal of its moral foundations, and offers a blueprint of how such a transformation may be accomplished by a reconfiguration of values and responsibilities.

Keywords:   capitalism, civil society, economic welfare, equitability, global capitalism, globalization, morality, responsibility, sustainability, transformation of society, values

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