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In Capitalism and Commerce, Edward Younkins provides a clear and accessible introduction to the best moral and economic arguments for capitalism. Drawn from over a decade of business school teaching, Younkins's work offers the student of political economy and the educated layperson a clear, systematic treatment of the philosophical concepts that underpin the idea of capitalism and the business, legal, and political institutions that impact commercial enterprises. Divided into seven parts, the work discusses capitalism and morality; individuals, communities, and the role of the state; private a

PurposeThe purpose of this paper is to investigate whether the Herald of Free Enterprise disaster was due to the ship or the management, using the modern management theory of complexity.Design/methodology/approachThe 75 pages investigation of the court has been studied and codified to the main aspects and mistakes producing the accident. After the mistakes were identified, a procedure adopted in analysis B to show how these could be avoided if a different management theory has been adopted.FindingsThe main finding was that management was responsible for the accident on shore mainly and on board and that a special communication mean which is called "dialogue" in complexity theory parlance had to be adopted.Practical implicationsAny shipping company and ship can identify itself through the common mistakes mentioned and adopt the proposed theory to improve safety and management's effectiveness.Originality/valueThe paper provides a concise analysis of the accident. A new theory is presented and linked to this case study. The study will be useful to management on shore and on board and for IMO of Flag administrations and departments of transport and others.

Cover -- Contents -- List of Tables and Figures -- Acknowledgments -- Chapter 1 Visions of the Environment -- Chapter 2 Rethinking the Way We Think -- Chapter 3 From Free Grass to Fences -- Chapter 4 From Barbed Wire to Red Tape -- Chapter 5 Bureaucracy versus Environment-The Beat Goes On -- Chapter 6 Inside Our Outdoor Policy -- Chapter 7 Ecology and Energy: Prospecting for Harmony -- Chapter 8 Priming the Invisible Pump -- Chapter 9 Homesteading the Oceans -- Chapter 10 Marketing Garbage: The Solution to Pollution -- Chapter 11 Calling on Communities -- Chapter 12 Taking Free Market Environmentalism Global -- Chapter 13 Purity versus Pragmatism -- Notes -- Bibliography -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- R -- S -- T -- U -- V -- W -- Y -- Z.

This book examines the relationship between free markets and democracy. It demonstrates how the implementation of even very painful free market economic reforms in Chile and Mexico have helped to consolidate democratic politics without at the same time engendering a backlash against either reform or democratization

Discusses how economic reforms, similar to Chinese-style special economic zones (SEZ) and post-Soviet Union perestroika, to encourage private enterprise and entrepreneurship in North Korea may fail due to lack of capitalist experience, and strained diplomatic relations.