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Welcome to MoralCompass.org!

 

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This site examines the impact of competitive self-interest (as pervasively promoted by market-based economic theory) on our traditional idea of a moral compass.

The adoption of free market economics globally is increasingly placing the market at the centre of society. As a result, the influence it exerts on our lives extends far wider than market transactions often superceding family, community, church, society and even democratically elected governments.


The market, for all intents and purposes, has become the Market.

While the debate about whether this a good or bad thing still rages, it tends to focus on the extent of regulation. The proponents argue that in order for the market to function properly it needs to be free from interference of any kind. While the opponents argue some form of regulation is necessary because the market does not always get it right. The focus on the extent of regulation means that one of the most important implications of putting the market at the centre of society goes largely undebated: the impact on our notion of traditional morality--our sense of what is right or wrong, fair or unfair, just or unjust.

Last Updated ( Thursday, 05 March 2009 )
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Upto 50% no longer love thy neighbour because of economic theory

Sydney, Australia Oct, 2008.  In a startling result, close to 50% of respondents to a new Internet survey no longer subscribe to key elements of traditional morality - the historical means of creating cohesive societies.

Last Updated ( Sunday, 12 October 2008 )
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Check out the book Fire & Water: Market Morality & Civil Society

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