I would certainly say it does! But the special thing about a concept like 'Dharma' is that it's a word that literally can go so deep that it touches the very fabric of reality [beyond our conceptual notions of it]. The thing I really appreciate about Indic notions of ethics is that since the foundation for these ideas is so deep, so too are the applications (ie, beings such as Bodhisattvas can arise, having much more robust orientations toward mutual respect by turning it into altruism - a literal highway to spiritual awakening).

I get the feeling that the more surface-level formulations of ethics in the West faltered and weakened over time for a reason, which was the clash between spirituality and secular knowledge. The mere word 'Enlightenment' as used in Europe is the most ironic thing to me, because it denotes a transcendence of superstition stemming from religion yet is also a total rejection of the actual spiritual dignity of humanity because it considers reason and intellect the pinnacle of human experience. Ever since I read the Reenchantment of the World and opened my epistemological toolbox, I've been convinced there is much, much more that should be the centerpiece of human intellectual orientation.