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International Business as a Possible Civilizing Force in a Cosmopolitan World

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  • Norman E. Bowie

    (University of Minnesota)

Abstract

The effect of capitalism on the quality of life has been much debated. Albert O. Hirschman has classified the views of the impact of capitalism on the quality of life as civilizing, destructive, and feeble. I believe that multinational corporations (MNCs) should be and could be a civilizing force in today’s cosmopolitan but turbulent world. A number of initiatives will be discussed with special emphasis on business contributions to human rights and to the achievement of past and present United Nations (UN) initiatives. As MNCs undertake these initiatives, they will do well by doing good.

Suggested Citation

  • Norman E. Bowie, 2019. "International Business as a Possible Civilizing Force in a Cosmopolitan World," Journal of Business Ethics, Springer, vol. 155(4), pages 941-950, April.
    • Handle: RePEc:kap:jbuset:v:155:y:2019:i:4:d:10.1007_s10551-017-3670-8
    DOI: 10.1007/s10551-017-3670-8
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    References listed on IDEAS

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    1. Arnold, Denis G., 2010. "Transnational Corporations and the Duty to Respect Basic Human Rights," Business Ethics Quarterly, Cambridge University Press, vol. 20(3), pages 371-399, July.
    2. Cragg, Wesley, 2012. "Ethics, Enlightened Self-Interest, and the Corporate Responsibility to Respect Human Rights: A Critical Look at the Justificatory Foundations of the UN Framework," Business Ethics Quarterly, Cambridge University Press, vol. 22(1), pages 9-36, January.
    3. Hirschman, Albert O, 1982. "Rival Interpretations of Market Society: Civilizing, Destructive, or Feeble?," Journal of Economic Literature, American Economic Association, vol. 20(4), pages 1463-1484, December.
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    Cited by:

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    2. Isidro Pena & Silvia M. Andrade & Rosa M. Munoz & Isabel Martínez, 2023. "A grouping of the Sustainable Development Goals (SDGs) and their influence on business results: An analysis for Spanish companies," Oeconomia Copernicana, Institute of Economic Research, vol. 14(2), pages 551-583, June.
    3. Saka-Helmhout, Ayse & Álamos-Concha, Priscilla & Polo-Barceló, Carlos & Edwards, Tony & Murray, Gregor, 2024. "Corporate social innovation by multinationals: A framework for future research," International Business Review, Elsevier, vol. 33(5).
    4. Birgitte Grøgaard & Michael A. Sartor & Linda Rademaker, 2022. "What merits greater scholarly attention in international business?," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(7), pages 1508-1518, September.
    5. Saka-Helmhout, Ayse & Álamos-Concha, Priscilla & López, Mabel Machado & Hagan, Julie & Murray, Gregor & Edwards, Tony & Kern, Philipp & Martin, Isabelle & Zhang, Ling Eleanor, 2024. "Stakeholder engagement strategies for impactful corporate social innovation initiatives by multinational enterprises," Journal of International Management, Elsevier, vol. 30(4).

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