The possibility and power of a new social contract via sustainably conscious consumers is evident.
Generations to come cannot possibly have the same social contract as their parents or grandparents did.
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And it makes for a sad country, too: divisions deepen, suspicion flourishes and the social contract frays.
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Even as the old social contract between employers and workers fades, the new one is still unclear.
Though the social contract in America still holds, it has been substantially weakened and the understanding has changed.
In other words, where capitalism is a social contract, financial reporting is more than just a form of manipulation.
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There is a social contract that we as Americans have with one another.
It poses two logically identical problems, one cast in general terms and the other in terms of a social contract.
"We have a definite social contract with the community, " says Jesseman, who acquired the company in 1985 and created an ESOP.
Red Queen Sustainability is an inevitable outcome of business stepping away from the now defunct social contract between business and society.
Europe is now mired in recession, which in turn is putting pressure on the social contract that has kept the EU together.
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This requires a reinvention of the social contract around security and benefits.
His fourth caveat is a call for a social contract for globalization.
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"The social contract between companies and workers was broken with the recession of the early 1990s, " says Susan Ascher, a Roseland, N.
Each of the three parties—creators, publishers and consumers—knew they needed the other two, so the social contract was clear and widely supported.
The social contract between the people and the government is that the society becomes apolitical while the government provide economic growth and calm.
Consumers often face situations in which the law prohibits actions they would otherwise take and support for the old social contract is crumbling.
"We have a definite social contract with the community, " says Jesseman, who acquired the company in 1985 and created a share-ownership program for employees.
But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.
Thanks to all that downsizing, the old social contract—job security in return for commitment—has been breaking down, first in America and then in other countries.
Since then, with the confluence of computers, increased trade and weakened unions, the social contract has collapsed, and worker-employer matches have become harder to make.
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This is a breach of the basic liberal democratic social contract.
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However, in providing 30 years of virtually uninterrupted economic growth, while simultaneously dismissing the importance of social rights, the government unwittingly signed onto its own form of social contract.
Worse, obsessed with the idea that globalisation threatens the social contract in rich countries, Mr Rodrik almost forgets that both rich and poor countries stand to benefit enormously from trade.
Eventually, a new social contract and economic model will emerge but until we have a consensus about what the contract is, we will not know what laws will support it.
In an attempt to resolve the paradox, Mr Gazzaniga locates the origin of personal responsibility outside the brain, as a consequence of a social contract between two or more individuals.
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