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Publication - Professor Martin Parker

    Capitalism and its regulation

    A dialogue on business and ethics


    Parker, M & Pearson, G, 2005, ‘Capitalism and its regulation: A dialogue on business and ethics’. Journal of Business Ethics, vol 60., pp. 91-101


    This dialogue engages with the ethics of politics of capitalism, and enacts a debate between two participants who have divergent views on these matters. Beginning with a discussion concerning definitions of capitalism, it moves on to cover issues concerning our different understandings of the costs and benefits of global capitalist systems. This then leads into a debate about the nature and purposes of regulation, in terms of whether regulation is intended to make competition work better for consumers, or to prevent negative outcomes for citizens. The conclusion speculates about the usefulness or otherwise of this Socratic method of dialogue.

    Full details in the University publications repository