The Role of Business in Society and the Pursuit of the Common Good
What is the purpose of business? How effective are business organizations in their pursuits, and how can business education help in the process?
These and many related questions have long been at the centre of much debate and controversy between the critics and advocates of capitalism and free enterprise. 51 international researchers and practitioners from various Business Schools and backgrounds explored these questions from their interdisciplinary points of view during the first international workshop organized on this topic. Discover their contributions through various formats (videos, papers, presentations) and make your own idea...
The radical critique is grounded in the belief that free enterprise is by nature a selfish endeavour and is incompatible with the common good. While a minority of opponents still believe in the possibility and superiority of "collective ownership of the means of production", the majority of critics have realised that there may be no viable alternative to a market economy and call on governments to impose severe restraints and penalties on business to minimise the detrimental impacts of the selfish pursuit of profit.
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