The City of Kokkola and the registered relief association for
the Chydenius Institute established the Foundation in 2001
and its domicile is Kokkola, Finland.
The purpose of the Foundation is to promote discussion on the
liberalization of the economy and its consequences in the
light of the ideas and tradition of Anders Chydenius (1729-1803),
to support academic research into this topic and to influence
decisions in this field by laying emphasis on ethical values.
Although Anders Chydenius spoke of liberalization of the economy
and the elimination of privileges, he was firmly of the opinion
that the economy existed for the good of the people and not
the people for the good of the economy. His political platform
was based on democracy, equality and respect for human rights.
The need for ethical discussions in society on the basis of
these values does not seem to have diminished in the least.
The Foundation sees its role as one of stimulating discussion
and exercising influence in practical matters. It is capable
of gathering together researchers, thinkers, decision-makers
and other influential persons to deliberate over aspects of
the globalizing economy or the development of an information
society, for instance. Chydenius himself demonstrated that
international discussions can be responsive to initiatives
from outside the major centres of activity.