How can we develop a global economic architecture which is efficient, morally acceptable, geographically inclusive, and sustainable over time? This book identifies the moral issues which global capitalism must answer. It also includes contributions from leading academics, politicians, and moralists.

Introduction ; 1. The Moral Imperatives of Global Capitalism: An overview ; 2. Private Morality and Capitalism: Learning from the past ; 3. Institutions and Morality: An economist's appraisal ; 4. Towards a New Paradigm of Development ; 5. Transformation of Society: Implications for globalization ; 6. Global Social Justice: The moral responsibilities of the rich to the poor ; 7. The Ethical Framework of the Global Market Economy ; 8. The Challenge of Global Capitalism: A Christian perspective ; 9. The Challenge of Global Capitalism: An Islamic perspective ; 10. Global Convenant: A Jewish perspective on globalization ; 11. The Challenge of Global Capitalism: The perspective of eastern religions ; 12. A Universal Culture of Human Rights and Freedom's Habits: Caritapolis ; 13. On the Political Relevance of Global Civil Society ; 14. [to be confirmed] ; 15. Governments and Supranational Agencies ; 16. Conclusion

`Review from previous edition ... this is an eminently sane book written by sensible observers.' Times Higher Education Supplement `This book provides compelling arguments and practical solutions to one of the most important questions of our time: How do markets and society relate to each other and how can the moral challenge of global capitalism be met? The rich ideas presented are of great relevance to policy makers and practitioners alike.' Georg Kell, Executive Head,Global Compact,Office of the Secretary General United Nations `In the opinion of the majority of the world's population global capitalism is under judgement. This timely and very important book addresses the moral questions that demand answers and should be required reading for all business leaders, politicians and all who long for a better world.' Lord Carey of Clifton `This book explores one of most fundamental questions of our time - the relationship between business and society and its moral underpinning. The arguments made are powerful and important for policy makers, business people and scholars alike. Clearly, the book fills an important void in discussions about globalization and gives valuable perspectives and practical solutions towards a more responsible global capitalism.' Georg Kell, Executive Head Global Compact Office of the Secretary General United Nations `Only an eminent scholar like John Dunning could have brought together such a group of prestigious authors to discuss the moral and ethical challenges of global capitalism. This first fundamental attempt to explore the issues of morality in the context of globalization from different angles is a timely and significant contribution that should be compulsory reading both for the protagonists and the opponents of gloablization.' International Business Review `The moral architecture of global capitalism is imperfect. The strength of the volume lies in the link made between ethics and globalizing capitalism with discussion of alternative approaches for action to promote a more effective and influential ecumenical dialogue. Each of the arguments presented in the sixteen chapters is well developed, documented, and spot-on target.' Transnational Corporations

Identifies and evaluates the moral imperatives underpinning responsible and sustainable global capitalism Multi-disciplinary approach Includes contributions from a range of leading social scientists, moralists, and theologians, e.g. Hans Kung, Jonathan Sacks, Joseph Stiglitz, Michael Novak, Gordon Brown, and Shirley Williams

Professor Dunning is Emeritus Professor of International Business at the University of Reading, and State of New Jersey Professor of International Business at Rutgers University, New Jersey. He has been researching into the economics of international direct investment and the multinational enterprise since the 1950s, and has authored, co-authored, or edited numerous books on this subject and on industrial and regional economics.

Identifies and evaluates the moral imperatives underpinning responsible and sustainable global capitalism Multi-disciplinary approach Includes contributions from a range of leading social scientists, moralists, and theologians, e.g. Hans Kung, Jonathan Sacks, Joseph Stiglitz, Michael Novak, Gordon Brown, and Shirley Williams