Virtuous individuals, organizations and political economy: A new age theological alternative to capitalism [Book Review]

Journal of Business Ethics 26 (4):319 - 340 (2000)
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Abstract

With the dramatic collapse of bureaucratic dictatorial socialism, Business Ethicists need an antithesis to capitalism to enrich our reformist writings. Reliance on self-regulation and requesting that business executives behave in a socially responsible manner are necessary, but not sufficient, conditions for creating a "good society." The purpose of this article is to introduce readers to the works of two new age theologians – Neale Donald Walsch and Reverend Sun Myung Moon – who offer an alternative vision and paradigm for understanding business and society relationships. They provide unique insights about economics, organizational structures and policies, and individual attitudes and behaviors necessary for creating an ethical society. Pertinent economic and organizational concepts emanating from their writings include mission statements and codes of ethics; meaningful and joyful work; autonomy and self-management; workplace diversity; parentism and participatory management; stakeholder governance boards; democratic social capitalismwith upper and lower income limits; and the principle ofvisibility. Work should support family units and individualgrowth and development, not supersede or destroy them.

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References found in this work

The Theory of Moral Sentiments: The Glasgow Edition of the Works and Correspondence of Adam Smith.Adam Smith - 1976 - Indianapolis: Oxford University Press UK. Edited by D. D. Raphael & A. L. Macfie.
Corporate Strategy and the Search for Ethics.R. Edward Freeman & Daniel R. Gilbert - 1992 - Journal of Business Ethics 11 (7):514-554.
A Kantian theory of meaningful work.Norman E. Bowie - 1998 - Journal of Business Ethics 17 (9-10):1083 - 1092.

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