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Between Open and Closed

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Religious Ethics in the Market Economy

Part of the book series: Humanism in Business Series ((HUBUS))

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Abstract

The debate between an open and a closed world order impacts both religious ethics and business strategies. Both the open, free-market, liberal order and the closed, protectionist, illiberal order employ ethical arguments to make their case. Religious ethics can straddle this dichotomy by carefully balancing global and local responsibilities, the protection of global and local freedom, and diversity and homogeneity of societies.

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Notes

  1. 1.

    A useful summary of the state of play is John O’Sullivan, An Open and Shut Case, The Economist, Oct. 1, 2016.

  2. 2.

    Good examples of this approach are the Ibn-Rushd-Goethe mosque in Berlin, already signalling in its name the inclusive nature of its value system; or the open, inclusive mosques and churches in the multi-religious environment of Cape Town, where a variety of religious paradigms has co-existed peacefully for over two centuries.

  3. 3.

    Hans Küng (ed), Dokumentation zum Weltethos, Munich: Piper, 2002; John Eade and Darren O’Byrne (eds), Global Ethics and Civil Society, Aldershot: Ashgate, 2005.

  4. 4.

    Hans Küng and Karl-Josef Kuschel (eds), Wissenschaft und Weltethos, Munich: Piper, 2001, 19–126.

  5. 5.

    John Eade and Darren O’Byrne (eds), Global Ethics and Civil Society, Aldershot: Ashgate, 2005, 108–137; also in Rajko, Behavioural Economics and Business Ethics.

  6. 6.

    Sorcha MacLeod and Douglas Lewis, Transnational Corporations: Power, Influence, and Responsibility, in: Eade and O’Byrne, Global Ethics , 121–137.

  7. 7.

    The activities of the Weltethos Institut at the University of Tübingen, inspired by Küng ’s Global Ethics movement, are driving much of this effort.

  8. 8.

    MacIntyre, After Virtue; also the considerations in Taylor, A Secular Age.

  9. 9.

    See the update on developments in this area in The Economist, Sept. 30, 2017.

  10. 10.

    The Economist, Sept. 23, 2017.

  11. 11.

    See Lawrence Schlemmer, Dormant Capital: Pentecostalism in South Africa and its Potential Social and Economic Role, Johannesburg: CDE, 2008. Ann Bernstein’s contributions in Lawrence E. Harrison and Peter L. Berger (eds), Developing Cultures, NY: Routledge, 2006; and in Peter L. Berger and Samuel P. Huntington (eds), Many Globalizations, Oxford: Oxford U. Press, 2002, also shed light on this issue.

  12. 12.

    Rodney Starke and Roger Finke, Acts of Faith, Berkeley: U. of California Press, 2000; Ted G. Jelen, Sacred Markets, Sacred Canopies, NY: Rowman & Littlefield, 2002; Steve Bruce, Choice and Religion, Oxford: Oxford U. Press, 1999; Jay Newman, Competition in Religious Life, Waterloo: Wilfried Laurier U. Press, 1989.

  13. 13.

    Karl G. Jechoutek, The Diversity Ethic and the Spirit of Individualism, Uppsala: Swedish Science Press, 2011.

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Jechoutek, K.G. (2018). Between Open and Closed. In: Religious Ethics in the Market Economy. Humanism in Business Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-76520-4_5

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