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 Tame the markets to make capitalism ethical 
 
 
 
Tame the markets to make capitalism ethical
 
Date : Wed, 04 Nov 2009 20:51:00 GMT
Source : Opinion Source: Delivering summaries of editorial and op-ed pieces from major papers by email.
Link : http://www.opinionsource.com/article.jsp?arti
cleidentifier=36329&password=1257295499296

We must rediscover the moral dimension to capitalism if we are to truly recover from the financial crisis, writes Costa. Recent events have shown we have forgotten that the market should be the servant and not the master, and we must now turn to a kind of capitalism that is built on ethical foundations. Global markets are all about people, and society at large is the ever-present invisible partner in business. Regulation alone is not enough to rescue the financial system. We also need to employ the moral spirit encompassed in the phrase "do unto others as you would have them do unto you." The wording may be biblical, but the sentiment is echoed across all cultures.
 
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