In recent years, the digital economy has experienced a growing number of transactions. Traditional dispute resolution methods such as court and international arbitration are ineffective for handling a large volume of small value claims across national borders. Decentralized justice is a new approach to online dispute resolution that combines blockchain, crowdsourcing and game theory in order to produce resolution systems which are radically more efficient than existing methods. This article offers a review of the decentralized justice industry and of the key players participating in it. It presents a number of key dimensions of the industry and reviews the mechanism design choices made by these different platforms. Finally, it discusses a growth hypothesis for the industry and how it may grow in the future.
<p class="p1">El debate sobre la justicia distributiva internacional se ha centrado tradicionalmente en una discusión normativa acerca del alcance de las obligaciones de los ciudadanos de los pueblos ricos hacia los pobres del extranjero. Las distintas posiciones presuponen ciertas nociones económicas empíricas a la hora de emitir juicios sobre la justicia del ordenamiento económico internacional. En función de las teorías económicas que se tengan por válidas, una misma posición normativa puede justificar distintos ordenamientos incompatibles de las instituciones económicas internacionales. Este artículo busca explicitar las nociones empíricas que subyacen en las posiciones normativas y propone un consenso económico superpuesto para alcanzar una base de justificación neutral que permita fundamentar juicios sobre la justicia del ordenamiento económico internacional.</p>
Since the 1970s, the rise of global capitalism posed new ethical dilemmas for Western multinational corporations (MNCs), when it became apparent that they could profit from lower labor, environmental and human rights standards in developing countries. Academic reflection on the matter led to the development of the international business ethics field, which seeks to answer a key question: how should a company behave when the standards followed in the host country are lower than those followed in the home country? This chapter will fulfill three goals. Firstly, it will present the new moral dilemmas that economic globalization and technological change are posing to multinational corporations. Secondly, it will introduce a number of answers developed by practitioners in civil society, government and business. Finally, it will review a number of theoretical answers developed by normative researchers by adapting traditional moral theories such as utilitarianism, kantian deontology and virtue ethics. The chapter will conclude that traditional moral theories have mostly failed at providing guidance for a number of new crosscultural moral dilemmas in the global economy.
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