ABSTRACT

Globalization has created an environment and culture in which individual self-interest takes priority over social good. A transactional view of the world dominates economic thinking; personal relationships; and the creation of a stable society is largely ignored in the maximization of profits. Globalization for the common good is an economy of sharing and it is an economy of community. The economic vision in globalization for the common good is the development of globalization as if people mattered, involving an honest debate on an analysis of integrity, responsibility, accountability, and spirituality for the good of all. Globalization for the common good is all about commitment and hope. It is a challenge for hearts and minds. It meets bad ideas with better ones, disadvantage with imagination and vision. Globalization for the Common Good affirms that economics is concerned with human well-being and happiness in society and with care for the Earth.