Ethical Codes and Market Culture

Abstract

There is growing awareness of the enormous damage inflicted on the economy by behaviors driven by corruption and the allocation of appointments on the basis of a spoils-sharing system rather than a desire to serve the good of the business world and the country. Furthermore, the public has realized the hardships caused by actions that have jeopardized entire production sectors.¹ This awareness brings into sharp focus the need to change direction. We must immediately begin the work of rebuilding a healthy economy, one based on new rules established to prevent the re-emergence of past pathologies.