2018) launched an advertising campaign to promote full-scale industrialisation and inclusive growth. The campaign forms an integral part of President Cyril Ramaphosa's drive to improve the South African investment environment and to raise $100 billion in new investment. In the advertising campaign, 10 reasons why the trade block, among others, should invest in South Africa, were listed as follows:In this article, the reasons why ethics ought to be one of the pillars of an all-inclusive economic growth strategy are expounded. Because of the unethical burden of the South African history, coupled to the myopic way of transforming the post-apartheid society and building an inclusive nation, a deep rooted ethical and trust deficit prevails among the people of South Africa. This is the reason why the South African society is in a sophisticated and self-inflicted war with itself that permeates nearly all segments and components of the politico-economic order. The authors argue that a shared ethics and vision, founded upon a strong shared ethos, would restore and bolster trust and confidence in the economy. This would reform the economic household and place the economy on a growth strategy of 6% per annum that is needed to improve the economic prospects and allow to break free from the equilibrium of low growth and high inequality in which South Africa has been trapped for decades.
Peer review declarationThe publisher (AOSIS) endorses the South African 'National Scholarly Book Publishers Forum Best Practice for Peer Review of Scholarly Books'. The manuscript was subjected to rigorous two-step peer review prior to publication, with the identities of the reviewers not revealed to the author(s). The reviewers were independent of the publisher and/or authors in question. The reviewers commented positively on the scholarly merits of the manuscript and recommended that the manuscript be published. Where the reviewers recommended revision and/or improvements to the manuscript, the authors responded adequately to such recommendations.
Peer review declarationThe publisher (AOSIS) endorses the South African 'National Scholarly Book Publishers Forum Best Practice for Peer Review of Scholarly Books'. The manuscript was subjected to a rigorous two-step peer review process prior to publication, with the identities of the reviewers not revealed to the author(s). The reviewers were independent of the publisher and/or authors in question. The reviewers commented positively on the scholarly merits of the manuscript and recommended that the manuscript should be published. Where the reviewers recommended revision and/or improvements to the manuscript, the authors responded adequately to such recommendations. Research JustificationValues tell us what is good -they are the things we strive for, desire and seek to protect. Principles tell us what is right -outlining how we may or may not achieve our values. Purpose is your reason for being -it gives life to your values and principles. Ethics is the process of questioning, discovering and defending our values, principles and purpose. Therefore, the main thesis of this book is that of a normative, value-driven ethical perspective on South Africa's modern political-economic issues. Here political economy means the social science that studies production, trade, and their relationship with the law and the government -and in the case of this book, ethics and religion. This leads to a text that provides a moral perspective on issues in the current South African political economy, but also issues that transcend time such as poverty, wealth and human rights. The research results which manifest in the book are innovative. Very few scholars adapt the normative and value-driven approach to political economy, but rather give way to a socialist, capitalist or a neo-realist perspective. The book contributes to the fields of political sciences, ethics, economics and philosophy. Its target audience is specialists in the field of religious studies, ethics, political sciences and economy who are interested in a scientific discourse that is value laden and normative instead of secular and relativistic. The field of political economy is the study of how economic theories such as capitalism or communism play out in the real world. Those who study political economy seek to understand how history, culture and customs impact an economic system. Global political economy studies how political forces shape global economic interactions. The methodologies utilised in this book are fundamental (forming a necessary base or core) and utilise qualitative aspects, which means that the research is more epistemological, focussing on the dynamic and evolving nature of social reality rather than only on that which can be counted. The book's qualitative data collection methods are mainly focussed on gaining insights, reasoning, and motivations behind actions. The editors and authors declare that no material in this book has been previously published and as pro forma that 50% substantial reworking of authors' formerly published material was done. T...
The Parliament of the World’s Religions made a call to the international society to find shared values that could effectively direct the new world order that is characterised by its polycentric and heterogenous character. In response to the call and informed by the Global Ethics Project, a research study was conducted under the auspices of the Unit for Reformational Theology and the Development of the Society, at the North-West University, South Africa. The study focused on how the global economy could be organised differently in order to address the severe anomalies of superficial ethics of materialism, instant gratification and the philosophy of futility that underlies the unfettered consumerism of the secular age. The study therefore searched for a new framework of flourishing or an ethic paradigm for economic prosperity. The study introduces a new ethics labelled Theoconomy. In this article, the epistemology and ontology of the research study are expounded.
Peer review declarationThe publisher (AOSIS) endorses the South African 'National Scholarly Book Publishers Forum Best Practice for Peer Review of Scholarly Books'. The manuscript was subjected to rigorous two-step peer review prior to publication, with the identities of the reviewers not revealed to the author(s). The reviewers were independent of the publisher and/or authors in question. The reviewers commented positively on the scholarly merits of the manuscript and recommended that the manuscript be published. Where the reviewers recommended revision and/or improvements to the manuscript, the authors responded adequately to such recommendations.
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