Re-thinking the anthropological and ethical foundation of economics and business: Human richness and capabilities enhancement [Book Review]

Journal of Business Ethics 88 (3):431 - 444 (2009)
This article aims at showing the need for a sound ethical and anthropological foundation of economics and business, and argues the importance of a correct understanding of human values and human nature for the sake of economics and of businesses themselves. It is suggested that the ethical-anthropological side of economics and business can be grasped by taking Aristotle’s virtue ethics and Amartya Sen’s capability approach (CA) as major reference points. We hold that an “Aristotelian economics of virtues”, connected with the CA’s notion of human richness, can promote the shift to the concept of personhood, and can lead to a more “humanized” business, by fostering human flourishing, the enhancement of human capabilities, and the pursuit of a more humane development for each and every person.
Keywords Amartya Sen  Aristotle  business  capability approach  economics  virtue ethics  Martha Nussbaum  richness  personhood  philosophical anthropology  rationality
Categories (categorize this paper)
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
Download options
PhilPapers Archive

Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 9,351
External links
  • Through your library Configure
    References found in this work BETA
    Denis Collins (1987). Aristotle and Business. Journal of Business Ethics 6 (7):567 - 572.

    View all 20 references

    Citations of this work BETA
    Claus Dierksmeier (2013). Kant on Virtue. Journal of Business Ethics 113 (4):597-609.

    View all 7 citations

    Similar books and articles

    Monthly downloads

    Added to index


    Total downloads

    23 ( #63,349 of 1,088,398 )

    Recent downloads (6 months)

    1 ( #69,601 of 1,088,398 )

    How can I increase my downloads?

    My notes
    Sign in to use this feature

    Start a new thread
    There  are no threads in this forum
    Nothing in this forum yet.