A Companion to Business Ethics by Robert E. Frederick

By Robert E. Frederick

In a sequence of articles particularly commissioned for this quantity, a few of present day such a lot extraordinary enterprise ethicists survey the most parts of curiosity and main issue within the box of industrial ethics.Sections of the e-book conceal themes similar to the customarily effortless relation among company ethics and capitalism, the hyperlink among enterprise ethics and moral thought, how ethics applies to precise difficulties within the company international, the relationship among company ethics and comparable educational disciplines, and the perform of commercial ethics in sleek corporations.Includes wide, obtainable dialogue of the entire major parts of curiosity and debate in enterprise ethics good points all unique contributions by way of distinct authors in company ethics contains an annotated desk of contents, bibliographies of the appropriate literature and a listing of net assets of fabric on company ethics excellent, complete e-book to be used in company ethics classes

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In Aristotle, the overriding image is one of living in harmony; in Nietzsche, the image is rather one of individual assertiveness. They provide us with two very different pictures of the virtues, reminding us that agreement on the importance of virtue ethics is by no means an agreement on what are to count as the virtues. We might note that there is another ancient virtue ethicist who has been far more influential than Aristotle and Nietzsche put together, and that is Confucius (551–479 BCE). Chinese society, like many non-Western societies, might well be characterized as “virtue” societies, in which good-upbringing, good habits, good “instincts,” are considered at least as important as rules and considerations of the public good (to which, however, they are conducive).

Kant, I. 1994: The metaphysics of moral; The metaphysical principles of virtue (1797). In I. Kant Ethical Philosophy 2nd edn, Trans. by James W. Ellington. Indianapolis/Cambridge, MA: Hackett Publishing Company. Korsgaard, C. 1996: Creating the Kingdom of Ends. New York: Cambridge University Press. McGregor D. 1960: The Human Side of Enterprise. New York: McGraw Hill Book Company. Milbank, D. 1996: Hiring welfare people, hotel chain finds, is tough but rewarding. The Wall Street Journal. October 31.

In our charted example, A2 maximizes utility but A1 maximizes the number of individuals who realize a positive balance of benefit to harm, since three individuals benefit (P1, P2, P4) from A1 but every other act benefits at most two individuals. Since none of the acts in our example satisfies the best consequences for the greatest number principle, none of the acts listed is morally right according to that principle, an odd result, since if we are consequentialists we would expect that one of these acts is right and, of course, A2 is right according to act utilitarianism.

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