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Community, Business Ethics and Global Capitalism

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Community, Business Ethics and Global Capitalism
Author(s)Mayer, Don
AbstractThe absorption of the cultural sphere into the commercial sphere signals a fundamental change in human relationships with troubling consequences for the future of society. From the beginning of civilization to now, culture has always preceded markets. People create communities, construct elaborate codes of social conduct, reproduce shared meanings and values, and build social trust in the form of social capital. Only when social trust and social exchange are well developed do communities engage in commerce and trade. When the commercial sphere begins to devour the cultural sphere it threatens to destroy the very social foundations that give rise to commercial relations.
IssueNo2
Pages215-260
ArticleAccess to Article
SourceAmerican Business Law Journal
VolumeNo38
PubDateWinter2001
ISBN_ISSN0002-7766
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Capitalism and Culture

  • Capitalism
  • Community
  • Consumption/ Consumerism
  • Culture and the Economy
  • Ethics


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