The common good and globalization!

Introduction Globalization has become one of the biggest issues in the economic world today. In the past few years, the gradual processes that gave companies time to adjust have gone. The pace of globalization has increased dramatically, meaning that in probably less than twenty years; our economy will be virtually completely global. What exactly is "the common good"? More recently, Velasquez et al (2005) cited the contemporary ethicist, john Rawls who defined the common good as "…

…in the areas of economic, transportation, infrastructure, technology and living standard etc. However, a fact that is hard to deny is that globalization and MNCs do bring some negative effects especially to natural environment in which we human being depends on survival. Therefore, how to effectively govern globalization and MNCs' activities forward challenges for our governments, institutions corporations and even individuals, which is a long-term but inevitable process that need efforts from all of us.