RT Article
T1 Understanding Social Welfare Capitalism, Private Property, and the Government’s Duty to Create a Sustainable Environment
JF Journal of business ethics
VO 89
IS 3
SP 351
OP 351
A1 Cooley, Dennis R.
LA English
YR 2008
UL https://ixtheo.de/Record/1785636030
AB No one would deny that sustainability is necessary for individual, business, and national survival. How this goal is to be accomplished is a matter of great debate. In this article I will show that the United States and other developed countries have a duty to create sustainable cities, even if that is against a notion of private property rights considered as an absolute. Through eminent domain and regulation, developed countries can fulfill their obligations to current and future generations. To do so, the governments must reject perfectly competitive free market capitalism and the absolute right to private property, and more fully adopt social welfare capitalism as their economic system. The result will be a sustainable society that balances democracy, individual rights and individual flourishing with the community’s flourishing.
K1 Private Property
K1 Social Welfare
K1 Environment
K1 Sustainability
K1 eminent domain
K1 Capitalism
DO 10.1007/s10551-008-0004-x