Capitalism, Ethics and the Public Service in the Modern Era

In: Business and Management

Submitted By blaine
Words 2831
Pages 12
Canadian public administration in a capitalist world has changed dramatically from its beginnings many years ago. The expectations of public management and public managers in the new millennium are more diverse than ever before. Important issues such as regulatory reform, public sector budgeting, human resources management, strategic policymaking, ethics and corruption are taking a front line. The concepts of rational administration, accountability, planning, control, budgeting and financial management are major factors in the future of Canada and some believe privatization of the government’s delivery of services will improve these crucial aspects of government. Some public service organizations have already attempted to make privatization the major method of handling certain tasks such as building maintenance, methods of transportation and administrative work. A well managed public sector will ensure Canada functions at peak efficiency and this is the goal of the public service. This paper will discuss what may happen in public management within Canada in the future and why a global capitalist society is largely the basis for the transition we are seeing today. Globalization is a factor in the new millennium that must be included in almost any discussion concerning the future. At the click of a finger, a businessman making financial transactions in Toronto can transfer dollars to any country where he is doing business. Globalization has allowed for cheaper and faster transfers of speculative portfolio investment. Since the late 1970s and early 1980s, globalization has been pushed by the countries dominant in the world’s major economic and political circles. As some would claim, not to globalize is to be marginalized in the world community. Globalization, as commonly discussed, refers to the explosive growth in the past 25 to 30 years of huge multinational…...

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