Re-thinking the anthropological and ethical foundation of economics and business: Human richness and capabilities enhancement [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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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|
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References found in this work BETA
Martha Nussbaum (2001). Women and Human Development: The Capabilities Approach. Cambridge University Press.
Martha Craven Nussbaum (2001). The Fragility of Goodness: Luck and Ethics in Greek Tragedy and Philosophy. Cambridge University Press.
Robert C. Solomon (1992). Ethics and Excellence: Cooperation and Integrity in Business. Oxford University Press.
Martha Craven Nussbaum & Amartya Kumar Sen (1999). The Quality of Life. Monograph Collection (Matt - Pseudo).
Amartya Sen (2005). Rationality and Freedom. Tijdschrift Voor Filosofie 67 (1):182-183.
Citations of this work BETA
Alejo José G. Sison & Ignacio Ferrero (2015). How Different is Neo‐Aristotelian Virtue From Positive Organizational Virtuousness? Business Ethics: A European Review 24 (S2):78-98.
Ignacio Ferrero & Alejo José G. Sison (2014). A Quantitative Analysis of Authors, Schools and Themes in Virtue Ethics Articles in Business Ethics and Management Journals. [REVIEW] Business Ethics: A European Review 23 (4):375-400.
Claus Dierksmeier (2013). Kant on Virtue. Journal of Business Ethics 113 (4):597-609.
Alma Acevedo (2012). Personalist Business Ethics and Humanistic Management: Insights From Jacques Maritain. [REVIEW] Journal of Business Ethics 105 (2):197-219.
Elisabet Garriga (2014). Beyond Stakeholder Utility Function: Stakeholder Capability in the Value Creation Process. Journal of Business Ethics 120 (4):489-507.
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