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COMMUNITY, BUSINESS ETHICS, AND GLOBAL CAPITALISM
Author(s) -
Mayer Don
Publication year - 2001
Publication title -
american business law journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.248
H-Index - 23
eISSN - 1744-1714
pISSN - 0002-7766
DOI - 10.1111/j.1744-1714.2001.tb00289.x
Subject(s) - social sphere , civilization , capitalism , sociology , business ethics , construct (python library) , social capital , environmental ethics , political economy , public relations , economic system , political science , social science , economics , law , philosophy , politics , computer science , programming language
The 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. 1