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In the last two decades, free markets have swept the globe, bringing with them enormous potential for positive change. But traditional capitalism cannot solve problems like inequality and poverty, because it is hampered by a narrow view of human nature in which people are one-dimensional beings...
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Drawing on an ordonomic approach, this paper argues that a theory of global justice should incorporate as a pivotal cornerstone a theory of corporate citizenship which constructively addresses business firms as agents of social value creation. We argue that, instead of relying exclusively on...
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A recent "Update" from the World Bank has caused widespread media celebrations of "drastic" progress against poverty in the 2005-10 period. But no such progress is visible in the data on undernutrition provided by the FAO. This paper discusses the discrepancy and, more broadly, better ways of...
Persistent link: https://www.econbiz.de/10013107252
Policymakers concur that social investments are crucial, and that inequality must be decreased to accomplish long-term poverty reduction. Nigeria, one of the 20 poorest countries in the world, has a severely unequal society at the moment, with over 80% of the people living in deep, severe, and...
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The challenges of sustainable development are primarily ethical in nature. Guided by a ceaseless quest for profit, today's global economy is synonymous with vast amounts of exclusion, indignity, and environmental devastation. To succeed, therefore, the Sustainable Development Goals require...
Persistent link: https://www.econbiz.de/10011707973