éThique De L'économie

After the financial crisis, skepticism towards the market economy has grown in many countries around the globe. The question of how the market economy can be combined with ethics, is more pressing than ever. While some believe this is a question of the right values, the conception of Order Ethics (Ethique de l'ordre, Ordnungsethik), oriented on the German conception of "Ordnungspolitik", regards the rules and institutions of the economy as crucial for implementing ethics in the modern globalized economy. This requires, however, a reevaluation of the role of self-interest and of competition for ethics. In this way, Order Ethics can help make market economies both more efficient as well as more ethically acceptable.