Vol. 3, Issue 6, Part P (2017)

Abstract
Human life reflects the continuous process of self-sustaining and self-generating actions evolved into a complex social fabric which delicately runs on the principles of liberty, equality and justice. Life requires action based on the principles and action requires common values. Ethics is one of the dominant concepts, which has been influencing the men and women for generations together throughout the world and more so in the context of contemporary globalization. Ethical views are to find out good and bad from the human being and their practice. Kant trusted that the ethical law is a standard of reason itself, and did not depend on unexpected certainties about the world, for example, what might make us upbeat, however, to follow up on the ethical law which has no other intention than "value of being glad". Jeremy Bentham introduced one of the first wholly created frameworks of utilitarianism. As per J.S. Mill Consequentialism is normally comprehended as particular from deontology, in that deontology infers the rightness or misleading quality of one's conduct from the character of the conduct itself as opposed to the results of the behavior. Thomas Hobbes built Social Contract Theory and explains natural rights of the individual, society can exercise its control over individual rights only in so far as it has been possessed with rights. Through this research paper, we dig deeper into the foundations of a comprehensive framework of ethics that is embedded within the religion, value systems, social justice and try to extrapolate the quintessence of such framework to address the challenges we face in the framework of globalization phenomena, besides within the context of Applied Ethics.