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The Ethical Basis Of Market Economy Run - "trust"

Posted on:2003-11-08Degree:MasterType:Thesis
Country:ChinaCandidate:Y ShuangFull Text:PDF
GTID:2205360062496159Subject:Ethics
Abstract/Summary:PDF Full Text Request
In market-economy, characterized by its equal participant, mutual respect and abide by the contract are the two most basically ethical rule. Market-economy is some kind of credit economy, each participant have to benefit himself by firstly benefit others. That is to say, a astute businessman should be a kindly moral person at the same time, so that to trust each other and to benefit each other. To some extend, good credit, good prestige and inter-confidence alike are a kind of invisible but tremendous social moral capital. By reducing the transaction cost and improving the market order, all the participant and even the whole society could gain a lot both materially and spiritually.But now, there exist a so called "credit crisis" and it has badly influenced the market order and our social lives. For one hand, we are lack of "economical credit'", while for the other, there is absence of "ethical credit". The imperfect rules and regulations system of our society (law and economics) is the main problem, but the even deeper one is the insufficient supply of modern ethical culture of credit and the indifferent attitude of our people to ethical credit reputation.According to these serious situations, we should rebuild our credit system both economically and ethically. That is to say, we not only need to redesign the market and law regulation system, pay more attention to the construction of corporation ethical culture, but also need to focus on even more micro and more macro scope, for self-cultivate, self-regulate and the ethical structure of the whole society are as important as the economical credit.
Keywords/Search Tags:credit, ethical credit, moral capital
PDF Full Text Request
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