RT Article T1 A BUDDHIST CRITIQUE OF LIBERALISM’S APPEAL TO GLOBAL JUSTICE JF Journal of Dharma VO 34 IS 4 SP 477 OP 493 A1 Miller, Leon LA English PB Dharmaram College YR 2009 UL https://ixtheo.de/Record/1837805474 AB The prominent business ethics scholar Manuel Velasquez describes business ethics as "The application of an understanding of what is good and right to transactions and pursuits that we call business. It begins with providing a framework of basic principles for understanding what is meant by the terms good and right."1 The global financial crisis raises concerns about the principles guiding social systems in their attempt to produce and distribute the materials needed so that the members of the society enjoy an enriched quality of life. From the Buddhist perspective individual ingenuity is intended to increase personal and social benefits. For this reason the increase of prosperity is not only viewed as the concern of the private business individual, but also a concern shared by the entire social system. Thus there is necessarily a dimension to the study of business ethics that relates to concerns about social justice - as there must be guidelines to insure that business benefits (does not hurt) public interests. K1 GLOBAL JUSTICE