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Moral Capitalism by Stephen Young

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APPENDIX II CAUX ROUND TABLE PRINCIPLES FOR GOVERNMENTS

FUNDAMENTAL PRINCIPLE

1. Public power is held in trust for the community.

Power brings responsibility; power is a necessary moral circumstance in that it binds the actions of one to the welfare of others.

Therefore, the power given by public office is held in trust for the benefit of the community and its citizens. Officials are custodians only of the powers they hold; they have no personal entitlement to office or the prerogatives thereof.

Holders of public office are accountable for their conduct while in office; they are subject to removal for malfeasance, misfeasance, or abuse of office. The burden of proof that no malfeasance, misfeasance, or abuse of office has occurred lies with ...

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