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The Greek philosopher Aristotle, writing over two thousand years before Wall Street, called people who engaged in activities which did not contribute to society parasites. In his latest work, renowned scholar Robert C. Solomon asserts that though capitalism may require capital, it does not require, much less should it be defined by, the parasites it inevitably attracts. Capitalism has succeeded not with brute strength or because it has made people rich, but because it has produced responsible citizens and-however unevenly-prosperous communities. It cannot tolerate a conception of business that focuses solely on income and vulgarity while ignoring traditional virtues of responsibility, community, and integrity. Many feel that there is too much lip-service and not enough understanding of the importance of cooperation and integrity in corporate life. This book rejects the myths and metaphors of war-like competition that cloud business thinking and develops an Aristotelean theory of business. The author's approach emphasizes several core concepts: the corporation as community, the search for excellence, the importance of integrity and sound judgment, as well as a more cooperative and humane vision of business. Solomon stresses the virtues of honesty, trust, fairness, and compassion in the competitive business world, and confronts the problem of moral mazes and what he posits as its solution-moral courage.
Business Ethics: Japan and the Global Economy presents a multicultural perspective of global business ethics with special emphasis on Japanese viewpoints. In contrast to the typical business ethics book written primarily from the viewpoint of Western culture and economy, the majority of the work is by Asian scholars, providing an historical overview of the religious, scientific and cultural phenomena which converged to create modern Japanese business ethics. Perspectives from socioeconomics, sociology, social contract and applied business ethics contribute to the analysis of moral issues. A new Japanese approach to moral science, Moralogy, is introduced and its implications for phenomena such as the Keiretsu system are explored. Concurrently, prominent Western ethicists explore the role of moral language and the implications of Kantian ethics and contractarian approaches for developing universal moral standards. Because Japan is an economic superpower, it is critical to understand the hidden economic culture, work ethic, and way of thinking in business. We must realize these are the results of an integration of historical factors, such as Shintoism, Buddhism, Confuctianism and modern Western science and technology. Business Ethics: Japan and the Global Economy provides philosophical and anthropological analyses of the Japanese economic mind, departing from previous stereotyped approaches. Theoretical discussions based upon social contract theory are presented in order to build ethical norms with cross-cultural activity for multinational economic activities. From such a universal stance, practical proposals are presented to transnationalize the Keiretsu system and other Japanese economic institutions.
Professions, notably law, have traditionally considered advertising to be an inappropriate solicitation of business. The princliples long governing how lawyers developed their practices have, however, undergone significant change due to Supreme Court decisions. Relying on the First Amendment, the Court has overturned categorical bans on lawyers advertising and, in so doing, prompted a fresh consideration of what promotion, by way of advertising, lawyers may undertake in promotion of their practices and in the service of the public. What is permissible and what is not? What regulations are allowable in the protection of the substantial state interest and what infringes on the practitioner's rights? Hill examines all the essential factors including advertising itself; the law of advertising; the contemporary circumstances surrounding lawyers' advertising; the historical background which gave rise to restrictions on lawyers' commerical speech; the relevance of the First Amendment; the manner in which the Court and the profession have responded; and the continuing evolvement of standards. Hill's comprehensive, balanced, and highly informed analysis is a fundamental contribution on a subject of controversy not only in the legal profession but in others as well. It will serve as an essential resource for those in the law and those who relate to them from several vantage points.
Paul M. Minus Overview The papers gathered in this volume were first presented for reflection and discussion at a landmark event in March 1992. The International Conference on the Ethics of Business in a Global Economy, held in Columbus, Ohio, brought together over 300 participants from twenty-two nations in six continents. This was the most geographically diverse body of leaders ever assembled to consider issues of ethics in business. Approximately two-thirds of them were business executives; the others came mainly from the fields of education and religion. Knowing the context from which this book emerged will help readers understand its composition and content. As can be quickly seen, the fourteen authors who have contributed to it come from different areas of the world and from different fields of endeavor. One finds, first, essays on the book's central theme by business leaders from four nations. Next there are analyses of three key topics by scholars active in the fields of economics and ethics. Then come statements by practitioners of four major world religions on the relevance of their respective traditions to the ethics of business. Finally there are six brief case studies prepared by two business ethicists about specific ethical issues arising in international business. The authors address different facets of one of the most dramatic new facts of our time: the globalization of business. With many corporations now operating around the world and others planning a significant expansion of markets, this development is destined to accelerate in coming decades.
Any company violating the public trust today puts itself at a disadvantage. Competitors who are more eager to please their clients will gain the upper hand by developing trusting relationships. Readers are exposed to ethical problems, striking examples of unethical conduct, and a variety of moral dilemmas and temptations businesses encounter every day. The aim of this book is to teach from the mistakes of the well-known cases described and to show how to avoid, and how to respond best, should the worse scenario occur.
Workplace Ethics addresses questions faced on a daily basis by employees at all levels of a business organisation. Writing in a straightforward style, philosopher Ralph W. Clark and management consultant Alice Darnell Lattal discuss a wide range of topics that are both theoretical and practical. They spell out what people in business ought to do in order to be ethical and to run their companies more effectively. The authors present strategies for changing one's own and other people's behaviour.
This book, by a group of specially selected scholars, focuses on topics of current debate in the field of public service ethics. The subjects covered include codes of ethics, how ethics can be taught, the dilemma of tragic choices, administrative discretion and the protection of human rights, the interests of the state, secrecy and freedom of information, the democratic environment, and the relevance of the law and trade unions.
Workplace Ethics addresses questions faced on a daily basis by employees at all levels of a business organisation. Writing in a straightforward style, philosopher Ralph W. Clark and management consultant Alice Darnell Lattal address a wide range of questions that are both theoretical and practical. They spell out what people in business ought to do in order to be ethical and to run their companies more effectively, combined with strategies for changing one's own and other people's behaviour.
Many business ethics books take a basically collectivist approach to the subject. They speak in terms of collective rights and interests, the public interest, social justice, the greatest good for the greatest number, and so forth. If individualism is mentioned at all, it is mentioned disparagingly. This book takes a different approach. While some of the contributors to this volume take the more popular, collectivist approach, many of them do not. Thus, this book offers a more balanced presentation of business ethics than that found in most books on the subject. The book is divided into four parts. The contributors to Part I offer an enlightening look at the philosophical foundations of business ethics via discussions on the teaching of business ethics, on the relationship between capitalism and morality, on the philosophical concepts of selfishness, exploitation, and the profit motive, as well as a unique chapter where business ethics issues are looked at against the foil of the philosophy of Ayn Rand. Part II addresses business ethics issues that involve the relationship of the corporation to outsiders. Among the topics discussed are the concept of corporate duty and social responsibility, environmental issues, and business ethics applied to so-called anti-competitive practices. Part III discusses some issues regarding the responsibility of the corporation to insiders, and Part IV covers some of the ethical responsibilities of employees and the corporation. A major contribution to the field of business ethics, this edited work is recommended for scholars, practitioners, and the general public.
In a world in which daily reports of questionable business practices, from insider trading to environmental pollution, dominate the headlines, the need to understand the large issues of how business and ethics are, and ought to be, connected is of paramount concern. This unique collection of essays is the latest volume in the Ruffin Series in Business Ethics. The four lead essays--by Norman Bowie, Kenneth Goodpaster, Thomas Donaldson, and Ezra Bowen--are examples of some of the best thinking about the role of ethics in business. With a combination of wisdom, humor, and insight, these essays examine such issues as the nature of scholarship and knowledge in business ethics, how ethics is a central factor in managerial leadership, the complexities of ethics in multinational and multicultural settings, and the problems of ethical literacy and moral debate in a free society. Each lead essay develops several themes which are then explored by other prominent thinkers, including Robert Solomon, Richard DeGeorge, and Joanne Ciulla. The book offers the reader a clear and logical approach to an intensely debated and still evolving discipline. Business Ethics: The State of the Art will be an invaluable resource for students of business at all levels, as well as business thinkers, philosophers, and practicing managers.
ETHICS IN THE MELTING-POT Jack Mahoney & Elizabeth Vallance Professor Jack Mahoney is Director of the King's College Business Ethics Research Centre, University of London, and Elizabeth Vallance is Visiting Professor in Politics at Queen Mary and Westfield College, University of London. AT lHE START of this century Israel Zangwill wrote of 'the great Melting Pot where all the races of Europe are melting and reforming'. He was, of course, writing about the USA and had the American immigration experience in mind; but today one need not cross the Atlantic to see Europe as a melting-pot and its members in a state of profound flux and mutation. In Western Europe, what began in mid-century as a largely Franco German attempt to prevent a recurrence of European war, by identifying and creating a common industrial policy in coal and steel, evolved by degrees into an industrial alliance of western European nations and the creation of a Single European Market. Originally six, then ten, and currently twelve, the number of member states of the European Economic Community, more recently the European Community, is still on the increase, as new countries apply to join and others consider a future approach.