Date of this Version
Journal of Business Ethics
Michael Porter argues that some nations manifest a competitive advantage deriving from key elements of their economic structure. Some nations are thus disposed by structure to possess what Porter calls a "competitive advantage of nations" (Porter, 1990). In this paper I examine the prospect of an ethical advantage of nations, and in particular, of a set of advantages that extend far beyond the simple dimension of trust so often discussed. I consider, further, how such a range of ethical features would be structured, and what the implications of those features would be. Three conclusions are reached: 1. Morality may create economic advantages for nations in ways that extend beyond the notion of an idealized market; 2. In order for ethics to drive economic advantage, ethical concepts must rise to the status of intrinsic value; and 3. If claims for national ethical success factors are true, then nations should attend to the issue of moral education.
The final publication is available at Springer via http://dx.doi.org/10.1023/A:1010776922597.
Donaldson, T. (2001). The Ethical Wealth of Nations. Journal of Business Ethics, 31 (1), 25-36. http://dx.doi.org/10.1023/A:1010776922597
Date Posted: 27 November 2017
This document has been peer reviewed.