progress, pressures and prospects for the market economy /
David Henderson ; foreword by George Kailis.
London :
Institute of Economic Affairs,
2004.
203 pages ;
20 cm.
Hobart paper,
150
0073-2818 ;
Includes bibliographical references.
Setting the scene -- Economic progress and the role of business -- Globalisation, civil society and global governance -- Global salvationism and consensus pressures -- Profits, welfare and virtue -- Reinforcing the primary role -- Capitalism, collectivism and business: a 60-year perspective.
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"It is now a widely held view that a new era has dawned in which businesses must adopt a new conception of their mission, purpose and conduct, by endorsing and implementing corporate social responsibility. In The Role of Business in the Modern World, Professor David Henderson argues that now, as in the past, the primary role of business is to act as a vehicle for economic progress. This role depends upon business enterprises operating within the framework of a competitive market economy. If we ask businesses to achieve broader social goals, we risk undermining the very system in which business activity leads to opportunity and prosperity."--BOOK JACKET.