The Culture of Enterprise in the Market Economy: an Italian Reception of the Encyclical Caritas in Veritate
I'm the author of the paragraph 5 of the essay. It was written with A. BUCELLI, Associate Professor of Private Law at the Law and Economics Department of the University of Florence, Italy.
This article aims at looking for possible answers to the ethical questions and to analyse the proposals done by the... more This article aims at looking for possible answers to the ethical questions and to analyse the proposals done by the Encyclical Letter Charity in Truth with reference to business culture and prospective regulation in a market economy. Due to the legal background of its authors, the article points out the problem of how to pursuit the ends established by the legal system with the ethical ones. The market has to be driven by the law both on a micro and macro view. If, on one side, the market economy can take advantage for the presence of different kinds of legal vehicles with different purposes acting on the market, on the other side, the risk is that the global economic system, for its effects on the enforcement of state law, could not to contribute to guarantee a steady legal system. It is necessary to go over the private dimension of interests and to come back to a new way of mediation between public and private ones. The ethical dimension of fraternity is the mirror of the level of social justice and common good that a state legal system is able to give to its citizens not to its consumers. As in many cases, we are citizens in a space greater than our national territory, we need to consider a global political authority. But firstly wed have to rethink of the effectiveness of constitutional law to protect sovereignty of peoples that was historically the first attempt of humanistic synthesis
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