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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: 29 November 2020

An Ethical Framework for the Global Market Economy

An Ethical Framework for the Global Market Economy

(p.145) 6 An Ethical Framework for the Global Market Economy
Making Globalization Good

Hans Küng

Oxford University Press

In this chapter, the theologian Hans Küng looks at the various attempts to formulate an acceptable cross‐cultural (multicultural) global ethic, which might be used both as an end in itself, and a basis for the motives and conduct of the institutions that fashion global capitalism. Such an ethic (notably that proposed by Küng himself and the Parliament of the World's Religions) is designed to identify and promote an agreed set of core human values and behavioural standards as agreed by the leading faith traditions, but might also be endorsed by non‐religious persons and institutions. Küng is aware of the difficulties in identifying and practising a universally acceptable moral code, but he considers that not only is the idea of such a code gaining increasing support, but it is also undergirding and guiding the strategies and policies of many global institutions, particularly global businesses.

Keywords:   behavioural standards, cross‐cultural ethics, ethics, global businesses, global capitalism, global ethic, global institutions, human values, moral code, morality, multicultural ethics, religion, standards, values

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