Neo-Confucian Ethics and Economic Development in East Asia

The rise of Confucian capitalism in East Asia will fundamentally reshape the world economic, political and cultural order constructed by Western Protestant capitalism, and thus change the foundations of the existence of Western universal values and universal consciousness based on Western centrism. Confucianism will confront greater obstacles as well as more development prospects as society develops and there is more interaction, communication, and dialogue among many cultures around the world. Therefore, this paper presents the close relationship between the Neo-Confucian Ethics and the rise of Asia from the perspective of the modernity of the Confucian tradition in East Asia and Asian political democracy. Neo-Confucian Ethics has shaped Asia's industrial civilization, and Asia's economic development is consistent with the philosophical theory inherent in Confucian ethics.