David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Business Ethics Quarterly 22 (2):247-272 (2012)
Today’s globalized economy cannot be governed by legal strictures alone. A combination of self-interest and regulation is not enough to avoid the recurrence of its systemic crises. We also need virtues and a sense of corporate responsibility in order to assure the sustained success of the global economy. Yet whose virtues shall prevail in a pluralistic world? The moral theory of Thomas Aquinas meets the present need for a business ethics that transcends the legal realm by linking the ideas of justice and virtue in an ingenious way. While allowing for, and incorporating, the specificities of region and religion, industry and culture, Thomas’s virtue theory coordinates private and public activities through a set of context-invariant, justice-oriented norms with conceptual appeal to contemporary questions of global business ethics.In our article, we first sketch how Aquinas’s theory can be also of relevance to a non-confessional audience through its appeal to the ‘natural light of reason.’ Then we explain how his theory of ‘natural law’ aligns his ideas of virtue and justice. From this vantage point, we address the tension between cultural diversity and moral uniformity in the economic sphere in general and in today’s globalized business world in particular. Throughout the article, we aim to show that by interpreting the virtue-dimension of business in light of the idea of social justice, Aquinas’s conception of virtuous business conduct gains inter-personal and inter-cultural validity that establishes social justice as the global virtue of business
|Keywords||Applied Philosophy Business and Professional Ethics Social Science|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Claus Dierksmeier (2013). Kant on Virtue. Journal of Business Ethics 113 (4):597-609.
Domènec Melé & Jaume Armengou (forthcoming). Moral Legitimacy in Controversial Projects and Its Relationship with Social License to Operate: A Case Study. Journal of Business Ethics.
Domènec Melé (2016). Re-Thinking Capitalism: What We Can Learn From Scholasticism? Journal of Business Ethics 133 (2):293-304.
André Azevedo Alves & José Manuel Moreira (2013). Virtue and Commerce in Domingo de Soto's Thought: Commercial Practices, Character, and the Common Good. [REVIEW] Journal of Business Ethics 113 (4):627-638.
João César das Neves & Domènec Melé (2013). Managing Ethically Cultural Diversity: Learning From Thomas Aquinas. [REVIEW] Journal of Business Ethics 116 (4):769-780.
Similar books and articles
Stewart Clem (2013). The Epistemic Relevance of the Virtue of Justice. Philosophia 41 (2):301-311.
Surendra Arjoon (2000). Virtue Theory as a Dynamic Theory of Business. Journal of Business Ethics 28 (2):159 - 178.
Ana Marta González (2003). Ethics in Global Business and in a Plural Society. Journal of Business Ethics 44 (1):23 - 36.
Xianzhong Huang (2007). Justice as a Virtue: An Analysis of Aristotle's Virtue of Justice. [REVIEW] Frontiers of Philosophy in China 2 (2):265-279.
Lawrence M. Hinman, Alcalá Park & San Diego, Virtue Ethics From a Global Perspective: A Pluralistic Framework for Understanding Moral Virtues.
Iwao Taka & Thomas W. Dunfee (1997). Japanese Moralogy as Business Ethics. Journal of Business Ethics 16 (5):507-519.
Eugene F. Rogers Jr (1999). Aquinas on Natural Law and the Virtues in Biblical Context: Homosexuality as a Test Case. Journal of Religious Ethics 27 (1):29 - 56.
Thomas (2005). Thomas Aquinas: Disputed Questions on the Virtues. Cambridge University Press.
E. Clinton Gardner (1995). Justice and Christian Ethics. Cambridge University Press.
Geoff Moore (2012). The Virtue of Governance, the Governance of Virtue. Business Ethics Quarterly 22 (2):293-318.
Jason Brennan (2012). For-Profit Business as Civic Virtue. Journal of Business Ethics 106 (3):313-324.
John Raymond Boatright (2009). Ethics and the Conduct of Business. Pearson Prentice Hall.
David Dawson & Craig Bartholomew (2003). Virtues, Managers and Business People: Finding a Place for MacIntyre in a Business Context. [REVIEW] Journal of Business Ethics 48 (2):127 - 138.
Stephen Maguire (1997). Business Ethics: A Compromise Between Politics and Virtue. [REVIEW] Journal of Business Ethics 16 (12-13):1411-1418.
John David Lewis (2009). Solon of Athens and the Ethics of Good Business. Journal of Business Ethics 89 (1):123 - 138.
Added to index2012-09-18
Total downloads15 ( #238,207 of 1,796,259 )
Recent downloads (6 months)5 ( #169,168 of 1,796,259 )
How can I increase my downloads?