New Global Institutions

New Global Institutions

Robert A. Schultz
ISBN13: 9781605669229|ISBN10: 1605669229|ISBN13 Softcover: 9781616923945|EISBN13: 9781605669236
DOI: 10.4018/978-1-60566-922-9.ch012
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MLA

Robert A. Schultz. "New Global Institutions." Information Technology and the Ethics of Globalization: Transnational Issues and Implications, IGI Global, 2010, pp.178-195. https://doi.org/10.4018/978-1-60566-922-9.ch012

APA

R. Schultz (2010). New Global Institutions. IGI Global. https://doi.org/10.4018/978-1-60566-922-9.ch012

Chicago

Robert A. Schultz. "New Global Institutions." In Information Technology and the Ethics of Globalization: Transnational Issues and Implications. Hershey, PA: IGI Global, 2010. https://doi.org/10.4018/978-1-60566-922-9.ch012

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Abstract

How do we decide which new global institutions should be created to implement the Global Economy Principles of Justice? It would be tempting to create authorities whenever wrongs and injustices need to be prevented or corrected. As I noted in Chapter 8, The Ethical Status of Globalized Institutions, the difficult question is, who oversees that an authority is using its power appropriately? We don’t want to create institutions with unchecked power, yet we don’t want to create any more authorities than absolutely necessary for the implementation of the Global Economy Principles of Justice. For if each new institution requires oversight, we apparently create an infinite regress: We need someone to oversee the oversight, and someone else to oversee whoever is overseeing the oversight, and so on. There are two possible ways to avoid this infinite regress. As I suggested in Chapter 10, public recognition of the existence of a social contract itself lessens the need for oversight and enforcement activity. Most people obey the law even when they are sure a policeman is not watching. The other way to avoid the regress, as I suggested in Chapter 8, was to use the checks and balances system of the branches of the US government. Effectively, each branch has oversight on the others. Three seems to be the right number of branches,1 and executive, judicial, and legislative branches are plausible.

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