Moral Capital Building Problem

The paper conducts the study which proceeds from the morality status quo of contemporary, thinking that the reason of recent Chinese society losing faith lies in the deficiency of moral capital. Moral capital refers to the capacity of putting morality into production and increasing social wealth, which is human "sense of moral" hidden in "substantial". It's different from "capital" in the common sense. Moral capital is characterized by practicalness, perceptibility, and parent body decisiveness. Against the backdrop of planned economy transforming into market economy, traditional agricultural economy transforming into modern service-based economy, and closed economy transforming into open economy, the participants in market economy, no matter individuals or non-individuals tie up with each other. Therefore, all the participants must equip with the necessary ethical morality. Instilling moral quality into production and operating activities is the moral capital of producers and operators.The paper points out that credit capital is the core of moral capital. By illustrating what credit is and the importance of credit, the thesis defines that credit capital is "keeping one's word". In other words, it's the reflection of honesty and keeping faith in economic operation and the spiritual capital it brings in. It guarantees the normal operation of every link in economic operation. Once credit capital is lost, the individual or non-individual participants will be eliminated eventually.Based on the above understanding, the paper proposes five problems that have to be solved in the process of constructing moral capital: 1. We cannot solve the problem of deficiency of moral capital only by resorting to the return of traditional moral views. 2. We cannot simply attribute the deficiency of moral capital to market economy. 3. The establishment of faith is the key of constructing moral capital. 4. The real faith must be the faith of free selection. 5. Issues of system building and social credit system construction. The paper views that if the above issues can be understood properly and addressed appropriately, the chaotic messed-up situation of the present market economy will be solved effectively. Thus, people will regard morality and conscience with reverence, and be afraid of legal sanctions. Then people will do business abide by economic regulations and rules voluntarily, pursue the principles of honesty and trustworthiness, and comply with ethical standards to promote the healthy development of Chinese market economy.