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Journal of Business Ethics

Erschienen in:

01.02.2011

Of Fair Markets and Distributive Justice

verfasst von: Mukesh Sud, Craig V. VanSandt

Erschienen in: Journal of Business Ethics | Sonderheft 1/2011

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Abstract

The authors argue that a free market paradigm facilitates wealth creation but does little to distribute that wealth in a just manner. In order to achieve the social goal of distributive justice, the concept of a fair market is introduced and explored. The authors then examine three drivers that can help improve the lives of all people, especially the poor: civil society, its institutions, and business. After exploring the roles these drivers might play in developing fair markets, we describe three enablers that serve as catalysts for change: the effects of globalization, the impact of technology, and the emergence of entrepreneurial activity. We conclude by making recommendations for establishing fair markets and provide exemplars of two firms that embody the arguments made in the article.

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Titel: Of Fair Markets and Distributive Justice
verfasst von: Mukesh Sud
Craig V. VanSandt
Publikationsdatum: 01.02.2011
Verlag: Springer Netherlands
Erschienen in: Journal of Business Ethics / Ausgabe Sonderheft 1/2011
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI: https://doi.org/10.1007/s10551-012-1230-9

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