Capitalism and its regulation: A dialogue on business and ethics

Martin Parker*, Gordon Pearson

*Corresponding author for this work

Research output: Contribution to journalArticle (Academic Journal)

6 Citations (Scopus)

Abstract

This dialogue engages with the ethics of politics of capitalism, and enacts a debate between two participants who have divergent views on these matters. Beginning with a discussion concerning definitions of capitalism, it moves on to cover issues concerning our different understandings of the costs and benefits of global capitalist systems. This then leads into a debate about the nature and purposes of regulation, in terms of whether regulation is intended to make competition work better for consumers, or to prevent negative outcomes for citizens. The conclusion speculates about the usefulness or otherwise of this Socratic method of dialogue.

Original languageEnglish
Pages (from-to)91-101
Number of pages11
JournalJournal of Business Ethics
Volume60
Issue number1
DOIs
Publication statusPublished - 1 Aug 2005

Keywords

  • Capitalism
  • Dialogue
  • Ethics
  • Politics
  • Regulation

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