Humanistic Management Journal 3 (1):9-16 (2018)

Robert Edward Freeman
University of Virginia
The purpose of this essay is to suggest that one of the dominant modes of thought in our society is a profound mistrust and misunderstanding of the role of business. A dominant myth in society is that business occupies the moral low ground, separate from ethics or a moral point of view. This position is characterized as the “business sucks” story, and the essay shows how the enactment of this story underlies business thinking among managers and business theorists. The essay concludes with a suggestion to rethink and reinvent this story along more realistic and more empowering lines. Values based capitalism, or stakeholder capitalism, offers a better way to understand the complex role that business does and should play in modern society.
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DOI 10.1007/s41463-018-0037-y
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References found in this work BETA

The Impossibility of the Separation Thesis.Jared D. Harris & R. Edward Freeman - 2008 - Business Ethics Quarterly 18 (4):541-548.
Trotsky and the Wild Orchids.Richard Rorty - 1992 - Common Knowledge 1 (3):140-153.

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