Business Ethics Quarterly 6 (2):149-163 (1996)

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Abstract
This paper argues that business can be helpfully conceived of as a mediating institution. Drawing upon neo-conservative theology, the author argues that mediating institutions serve a vital function in a free society to provide social justice out of an expanded civil society and provide a framework for a flourishing free market. Such institutions also nourish the attitudinal orientation of solidarity in applying the principle of subsidiarity by which self-interest becomes fulfilled through concern for others.The author further argues that businesses also be conceived of as mediating institutions and thereby be held to criteria of meeting associationalneeds. In addition to normative reasons for revising the social contract so that businesses do serve the role of mediating institutions, contemporary management theories demonstrate that businesses can also meet their social obligations of creating wealth while meeting associational needs
Keywords Applied Philosophy  Business and Professional Ethics  Social Science
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ISBN(s) 1052-150X
DOI 10.2307/3857620
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References found in this work BETA

Why Be Moral? A Different Rationale for Managers.LaRue Tone Hosmer - 1994 - Business Ethics Quarterly 4 (2):191-204.

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Citations of this work BETA

Toward an Ethics of Organizations.Joshua D. Margolis - 1999 - Business Ethics Quarterly 9 (4):619-638.

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