Reforming Capitalism

Rogene A. Buchholz is the Legendre-Soule Chair in Business Ethics Emeritus in the College of Business Administration at Loyola University, New Orleans. He has published over seventy-five articles and is the author or co-author of twelve books in the areas of business and public policy, business ethics, and the environment.

"Against the backdrop of seemingly unending business scandals, this book is a must read for all who are interested in the potential of capitalism to serve community needs. Professor Buchholz, a distinguished and prolific business scholar, offers a rare view of how American Pragmatism can inform our understanding of the relationship between science and capitalism and, in turn, business and society. This provocative view has compelling implications for business practice, public policy, and management education." – Diane Swanson, Kansas State University, USA"Rogene Buchholz’s new book is an important and unique contribution to a growing body of literature suggesting that recent economic crises have stemmed not so much from managerial ineptness but from the faulty philosophical assumptions--ethical, epistemological, and metaphysical--that underlie conventional economic thinking. Buchholz focuses upon the faulty notion of ‘science’ that governs modern economic thought and proposes, with the aid of American pragmatism, an alternative conception of science that includes service and democratic social engagement. If implemented, Buchholz’s profound and clearly articulated vision would go a long way in putting the American economy on a better road to the future." – Ken Stikkers, Southern Illinois University Carbondale, USA

• Introduction Part 1: The Traditional Scientific Worldview 1. The Rise of Modern Science and Its Characteristics 2. Values and Ethics 3. Economics 4. Politics 5. Culture 6. Nature Part 2: Toward A New Understanding of Science 7. The Pragmatic View of Science and Its Characteristics 8. Pragmatism and Values 9. Pragmatism and Economics 10. Pragmatism and Politics 11. Pragmatism and Culture 12. Pragmatism and Nature Part Three: Implications for Business 13. The Corporation and Community 14. Business and Science 15. Financial Armageddon 16. Management and an Ethic of Service. Selected Bibliography. Notes. Index