The book presents the impact of corporations on the society. They play a crucial role because they support research, the arts, universities, charities, etc. The corporation is the commercial part of the commercial republic, the principal economic part of political economy.
"From the point of view of civil society, the business enterprise is an important social good for four reasons. First, it creates jobs. Second, it provides desirable goods and services. Third, though its profits it creats wealth that did not exist before. And fourth, it si a private social instrument, independent of the state, for the moral and material support of other activities of civil society."
Michael Novak
Michael Novak (born 9 September, 1933) is an American Catholic philosopher, journalist, novelist, and diplomat. The author of more than twenty-five books on the philosophy and theology of culture, Novak is most widely known for his book The Spirit of Democratic Capitalism (1982). In 1994 he was awarded the Templeton Prize for Progress in Religion, which included a million-dollar purse awarded at Buckingham Palace. He writes books and articles focused on capitalism, religion, and the politics of democratization.
Novak served as U.S. chief ambassador to the United Nations Commission on Human Rights in 1981 and led the U.S. delegation to the Conference on Security and Cooperation in Europe in 1986.
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