The Post–Communist Transition and Virtue in Business Ethics

Abstract

This article explores the reality of post–communist transition in view of the Catholic tradition. The legacy of totalitarian rule goes very deep and should not be overlooked when examining the prospects of these countries. The author argues that there is a vital connection between moral virtues and a free society with a functioning market economy. If the relativistic approach remains the dominant one in business and the wider culture, we cannot reasonably expect an improvement in the future.