David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jonathan Jenkins Ichikawa
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 51 (2):103-118 (2004)
One of the most significant developments in the latter part of the 20th century and the first part of this new millennium has been the triumph of short-term over long-term thinking. We are increasingly a culture that looks neither to the past nor to the future, but only to the next “quarter,” or to the next Delphic pronouncement by Alan Greenspan. This cultural construction of time has given rise to social, political and personal problems of unprecedented magnitude. The short-term focus of contemporary American capitalism is causing us to behave, both individually and collectively, in an increasingly irrational and thus self-destructive manner. Ours is now the most violent, crime-ridden society in the industrialized world. Capitalism is sometimes blamed for this, yet there are other capitalist societies that do not suffer the same evils we suffer. I argue that we can learn from these societies how to correct some of the ills of our own system and in this way construct a new paradigm of the market, a paradigm for the new millennium, a more mature, rational version of capitalism that would focus on the long rather than the short term.
|Keywords||American exceptionalism capitalism competition conformity culture Darwinism down-sizing Europe evolution flexibility greed Hobbes inequality laissez-faire market natural selection progress Protestantism risk short term shortsightedness socialism stock taxes Tikkun unemployment unraveling values work|
|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
Edmund F. Byrne (2010). The U.S. Military-Industrial Complex is Circumstantially Unethical. Journal of Business Ethics 95 (2):153 - 165.
Brian W. Kulik (2005). Agency Theory, Reasoning and Culture at Enron: In Search of a Solution. Journal of Business Ethics 59 (4):347 - 360.
Göran Svensson & Greg Wood (2008). A Model of Business Ethics. Journal of Business Ethics 77 (3):303 - 322.
Brian W. Kulik (2005). Agency Theory, Reasoning and Culture at Enron: In Search of a Solution. Journal of Business Ethics 59 (4):347-360.
Göran Svensson & Greg Wood (2007). A Model of Business Ethics. Journal of Business Ethics 77 (3):303-322.
Similar books and articles
Bradley A. Striebig, Tyler Jantzen & Katherine Rowden (2006). Ethical Considerations of the Short-Term and Long-Term Health Impacts, Costs, and Educational Value of Sustainable Development Projects. Science and Engineering Ethics 12 (2):345-354.
Ruiping Fan (2007). Which Care? Whose Responsibility? And Why Family? A Confucian Account of Long-Term Care for the Elderly. Journal of Medicine and Philosophy 32 (5):495 – 517.
Jesse Hughes & Lambèr M. M. Royakkers (2008). Don't Ever Do That! Long-Term Duties in Pd E L. Studia Logica 89 (1):59 - 79.
Daniel S. Ruchkin, Jordan Grafman, Katherine Cameron & Rita S. Berndt (2003). Working Memory Retention Systems: A State of Activated Long-Term Memory. Behavioral and Brain Sciences 26 (6):709-728.
David Laibman (2005). Theory and Necessity: The Stadial Foundations of the Present. Science and Society 69 (3):285 - 315.
Frank Rösler & Martin Heil (2003). Working Memory as a State of Activated Long-Term Memory: A Plausible Theory, but Other Data Provide More Compelling Evidence. Behavioral and Brain Sciences 26 (6):754-755.
Robin Pierce (2009). Considering the Long Term in the Short Term Use of Fmri in the Classroom. American Journal of Bioethics 9 (1):33 – 35.
Bill Faw (2003). Pre-Frontal Executive Committee for Perception, Working Memory, Attention, Long-Term Memory, Motor Control, and Thinking: A Tutorial Review. Consciousness and Cognition 12 (1):83-139.
Steve Majerus, Martial Van der Linden, Fabienne Collette & Eric Salmon (2003). Does Sustained ERP Activity in Posterior Lexico-Semantic Processing Areas During Short-Term Memory Tasks Only Reflect Activated Long-Term Memory? Behavioral and Brain Sciences 26 (6):746-747.
Giuseppe Vallar (2003). The Short-Term/Long-Term Memory Distinction: Back to the Past? Behavioral and Brain Sciences 26 (6):757-758.
Added to index2009-01-28
Total downloads24 ( #174,133 of 1,938,818 )
Recent downloads (6 months)1 ( #458,338 of 1,938,818 )
How can I increase my downloads?