David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 84 (4):565 - 576 (2009)
Originally delivered at a conference of Marxist philosophers in China, this article examines some links, and some tensions, between business ethics and the traditional concerns of Marxism. After discussing the emergence of business ethics as an academic discipline, it explores and attempts to answer two Marxist objections that might be brought against the enterprise of business ethics. The first is that business ethics is impossible because capitalism itself tends to produce greedy, overreaching, and unethical business behavior. The second is that business ethics is irrelevant because focusing on the moral or immoral conduct of individual firms or businesspeople distracts one’s attention from the systemic vices of capitalism. I argue, to the contrary, that, far from being impossible, business requires and indeed presupposes ethics and that for those who share Marx’s hope for a better society, nothing could be more relevant than engaging the debate over corporate social responsibility. In line with this, the article concludes by sketching some considerations favoring corporations’ adopting a broader view of their social and moral responsibilities, one that encompasses more than the pursuit of profit.
|Keywords||business ethics (as academic subject) corporate social responsibility fiduciary responsibility Friedman Milton Marxism prisoner’s dilemma profit maximization|
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References found in this work BETA
O. C. Ferrell (2013). Business Ethics: Ethical Decision Making and Cases. Houghton Mifflin Co.
Linda Klebe Treviño (2010). Managing Business Ethics: Straight Talk About How to Do It Right. Wiley.
William H. Shaw (1999). Business Ethics. Monograph Collection (Matt - Pseudo).
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.
Marian Eabrasu (2012). A Moral Pluralist Perspective on Corporate Social Responsibility: From Good to Controversial Practices. [REVIEW] Journal of Business Ethics 110 (4):429-439.
Edmund F. Byrne (2011). Business Ethics Should Study Illicit Businesses: To Advance Respect for Human Rights. [REVIEW] Journal of Business Ethics 103 (4):497-509.
Leigh A. Clark & Sherry J. Roberts (2010). Employer's Use of Social Networking Sites: A Socially Irresponsible Practice. [REVIEW] Journal of Business Ethics 95 (4):507 - 525.
Tony Fang, Caroline Gunterberg & Emma Larsson (2010). Sourcing in an Increasingly Expensive China: Four Swedish Cases. [REVIEW] Journal of Business Ethics 97 (1):119 - 138.
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