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008 101217s2010 xx ||||gr |0|| 0 eng d
100 1 _aGATES, Donald Keith
_943518
245 1 0 _aValues in economic decisions and policymaking
260 _aPhiladelphia :
_bRoutledge,
_cMay 2010
520 3 _aThe authors argue that values influence decisions taken by policymakers and that decision and policymakers can follow one or the other of the two distinct paths — altruism and egoism. However, the main purpose of this article is to investigate outcomes of government and corporation policies formulated in accordance with theories espoused in economic rationalism or neoclassical economics. These show that they generally follow the path of egoism. The occasional result is that although multinational enterprises and other corporations contribute to the relief of natural and economic problems, they may in fact be contributing simply out of corporate self-interest. The recent collapse of financial markets in the United States and throughout the globe is identified as a result of business activities designed to seek higher corporate profits and higher executive payouts, which are motivated by self-serving values linked to the ideologies of neoclassical economics or economic rationalism. The article argues for a just and fair redistribution of incomes, possibly best achieved through the taxation system and opens the way for further research on the alternative path—the path of altruism
700 1 _aSTEANE, Peter
_919240
773 0 8 _tInternational Journal of Public Administration - IJPA
_g33, 6, p. 289-301
_dPhiladelphia : Routledge, May 2010
_xISSN 01900692
_w
942 _cS
998 _a20101217
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_cDaiane
998 _a20110119
_b1213^b
_cCarolina
999 _aConvertido do Formato PHL
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041 _aeng