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Dipak Basu,Victoria Miroshnik

Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II: Modern Civilizations

Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II: Modern Civilizations

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This book explores the influence of ethical values from ancient societies on modern systems of management and economics, including global sages like Aristotle, Buddha, Jesus, Karl Marx, Adam Smith, and Rabindranath Tagore. It aims to highlight the interrelationships between ethics and management from a micro and macroeconomics and organizational and national perspective.

Format: Paperback / softback
Length: 201 pages
Publication date: 18 April 2022
Publisher: Springer Nature Switzerland AG


This captivating and insightful book, the second installment in a two-volume series, draws inspiration from the renowned philosopher of India, Kautilya, the author of the world's first book on economics, Arthashashtra. It delves into the profound influence of ethical values from ancient societies on modern systems of management and economics. While this book explores the wisdom of renowned global sages such as Aristotle, Buddha, Jesus, and others, its scope is expanded to encompass the insights of notable modern thinkers like Karl Marx, Adam Smith, and Rabindranath Tagore.

The primary objective of this book is to shed light on the intricate interconnections between ethics and management, encompassing both microeconomic and macroeconomic perspectives, as well as organizational and national dimensions. It serves as a valuable resource for individuals with a keen interest in history, economics, development studies, international relations, and global politics.

In the first chapter, the author explores the historical roots of ethical values and their evolution over time. They examine how these values have shaped the development of management theories and practices, highlighting the significance of moral principles in decision-making and organizational success. The chapter also discusses the influence of religious and philosophical beliefs on ethical values and their impact on management practices across different cultures and societies.

The second chapter delves into the relationship between ethics and management in the context of modern organizations. It examines how ethical considerations play a crucial role in shaping corporate culture, decision-making processes, and stakeholder engagement. The author discusses the importance of ethical leadership, transparency, and accountability in building trust and maintaining a positive reputation among stakeholders. They also explore the challenges faced by organizations in balancing ethical principles with commercial interests and the role of ethical frameworks and regulations in promoting ethical behavior.

In the third chapter, the book examines the interrelationships between ethics and management from a macroeconomic perspective. It explores how ethical values and practices can influence economic growth, stability, and social welfare. The author discusses the role of government policies, international trade agreements, and corporate social responsibility in promoting ethical behavior and addressing social and environmental challenges. They also examine the impact of economic inequality, corruption, and unethical practices on economic development and the need for sustainable economic practices.

The fourth chapter focuses on the role of ethics in international relations and global politics. It examines how ethical considerations shape foreign policy decisions, international cooperation, and conflict resolution. The author discusses the importance of promoting human rights, democracy, and social justice in international relations and the challenges faced by countries in balancing their national interests with international obligations. They also explore the role of international organizations, such as the United Nations, in promoting ethical behavior and addressing global challenges.

In the concluding chapter, the author summarizes the key findings and implications of the book. They emphasize the importance of integrating ethical values into management practices and organizational culture to achieve sustainable development, social harmony. They also call for greater awareness and education about the interconnections between ethics and management, both at the individual and organizational levels, to promote a more responsible and sustainable future.

In conclusion, this book offers a comprehensive and thought-provoking exploration of the interrelationships between ethics and management, providing valuable insights for scholars, researchers, and practitioners in the fields of history, economics, development studies, international relations, and global politics. By examining the influence of ethical values from ancient societies on modern systems of management and economics, it sheds light on the enduring the importance of moral principles in decision-making and organizational success. It also highlights the challenges faced by organizations in balancing ethical principles with commercial interests and the role of ethical frameworks and regulations in promoting ethical behavior. Moreover, the book emphasizes the interconnections.

Weight: 290g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030680695
Edition number: 1st ed. 2021

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