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By Geoff Moore

This booklet arises out of papers brought on the international Congress of the overseas Society of industrial, Economics and Ethics (ISBEE) held in Cape city in 2008. There are sections. First, a couple of key papers offer an perception into worldwide enterprise, wealth creation and welfare concerns with specific connection with the African continent - applicable for a Congress that was once established in South Africa and drew huge participation from African students. moment, it presents the output from a world study venture on "Fairness in overseas Trade" which ran over the 2 years sooner than the Congress. This undertaking drew jointly the paintings of students in 5 areas around the globe and is the 1st time that this type of international viewpoint has been attempted.

This booklet is aimed toward teachers operating within the quarter of foreign exchange or improvement economics particularly those that be interested within the moral dimensions of alternate. it's going to even be of curiosity to scholars of improvement economics and company ethics rather at Masters and Doctoral point.

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Extra resources for Fairness in International Trade (The International Society of Business, Economics, and Ethics Book Series)

Example text

The implication of this principle was that from then on, the human being was the creator of his own self, his world, and depended on no one else except his own individual self. John Locke is another defender of individual sovereignty. He argued that people are equal and that every UN 292 TE 289 34 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 OF 319 RO 318 individual has the right to self-preservation. This self-preservation goes with personal property. Every individual has a property in his own person.

It seems to me that these attitudes depend on the valuation of the material world and the “bodiliness” of the human person as well as on the notion of creation. If the material world is considered inferior or even evil and if hostility towards the human body prevails, wealth cannot but share these qualities and is likely to be denigrated. Operating under those assumptions, it becomes nonsensical to produce such wealth, were it not for another, really valuable purpose. Moreover, without proper understanding, the creation of wealth cannot be really appreciated for its capacity to serve as a purpose of economic activity that matters more than the possession and acquisition of wealth.

Different scholars offer a variety of answers. David Landes argues that it was already in the Europe of the Middle Ages when the division of labor and widening of the market encouraged technological innovation (Landes, 1999, p. 45). For the peculiarly European cultivation of invention, as distinct from the Chinese attitude, he stresses the importance of the market. “Enterprise was free in Europe. Innovation worked and paid, and rulers and vested interests were limited in their ability to prevent or discourage innovation.

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