Order Ethics: An Ethical Framework for the Social Market Economy

This book examines the theoretical foundations of order ethics and discusses business ethics problems from an order ethics perspective. Order ethics focuses on the social order and the institutional environment in which individuals interact. It is a well-

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der Ethics: An Ethical Framework for the Social Market Economy

Order Ethics: An Ethical Framework for the Social Market Economy

Christoph Luetge Nikil Mukerji •

Editors

Order Ethics: An Ethical Framework for the Social Market Economy

123

Editors Christoph Luetge Chair of Business Ethics Technical University of Munich Munich Germany

ISBN 978-3-319-33149-2 DOI 10.1007/978-3-319-33151-5

Nikil Mukerji Faculty of Philosophy, Philosophy of Science, and the Study of Religion Ludwig-Maximilians-Universität München Munich Germany

ISBN 978-3-319-33151-5

(eBook)

Library of Congress Control Number: 2016942011 © Springer International Publishing Switzerland 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG Switzerland

Contents

Part I

Theoretical Foundations of Order Ethics—Fundamentals

Contractarian Foundations of Order Ethics . . . . . . . . . . . . . . . . . . . . . Christoph Luetge

3

The Ordonomic Approach to Order Ethics . . . . . . . . . . . . . . . . . . . . . Ingo Pies

19

Theory Strategies of Business Ethics . . . . . . . . . . . . . . . . . . . . . . . . . . Karl Homann

37

Part II

Theoretical Foundations of Order Ethics—The Economic and Social Background

A Critique of Welfare Economics . . . . . . . . . . . . . . . . . . . . . . . . . . . . Martin Leschke

57

Order Ethics—An Experimental Perspective . . . . . . . . . . . . . . . . . . . . Hannes Rusch and Matthias Uhl

67

Order Ethics and Situationist Psychology. . . . . . . . . . . . . . . . . . . . . . . Michael von Grundherr

79

Order Ethics, Economics, and Game Theory . . . . . . . . . . . . . . . . . . . . Nikil Mukerji and Christoph Schumacher

93

Biblical Economics and Order Ethics: Constitutional Economic and Institutional Economic Roots of the Old Testament . . . . . . . . . . . . 109 Sigmund Wagner-Tsukamoto Part III

Theoretical Foundations of Order