ABSTRACT

The private corporation is increasingly considered to be part of politics where the state fails or processes of neoliberal politics outsource functions of the state to private corporation. The social liberal corporation can also be seen as a response to the crisis of social liberalism in politics due to the tendency of a convergence or conflation between social and market liberalism. The idea is to insist on the claim that the business corporation is an inherent part of society and that its purpose is to deliver the goods and services that society needs in a morally responsible and politically legitimate way. The governance vacuum following the absence of the state here elicits both moral and economic reasons for business corporations to act – and oftentimes the normative and the instrumental conflates. This chapter also presents an overview of the key concepts discussed in this book.