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29 January 2010

The ‘Free-Market’ and ‘Social Concerns’

‘Asian Values’ and ‘Walking on Two Legs’!

This paper is about the placement of the ideas pertaining to the free market against the matrix of social concerns. This includes care for those who are on the flip side of the success story of the contemporary capitalist system. Also, how this juxtaposition is tempered in this part of the world by the so-called ‘Asian values’, reflected in loyalty to the family, corporation, and nation, preference for social stability over personal freedom, the pursuit of academic excellence, and, generally, thrifty behavior.

© 2010 Institute of South Asian Studies (ISAS)

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Author:

Iftekhar Ahmed Chowdhury

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Issue:

152

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