David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jonathan Jenkins Ichikawa
Jack Alan Reynolds
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Business Ethics Quarterly 7 (1):17-31 (1997)
In a commercial society, said Adam Smith, “every man becomes in some measure a merchant.” If Smith is right, what does that mean for the character of the society? This paper addresses the character forming effects of the market—and, specifically its impact on the “virtues.” There is a long tradition of viewing commerce as subversive of the virtues. In this view, the market is held to have legitimated the pursuit of narrow self-interest at the expense of social and civic obligations and moral restraints. But, as Albert Hirschman has shown, many Enlightenment moralists saw commercial society as a moralizing force. Which view is right? This paper examines how many of the character traits that we commonly call virtues are rewarded— and so presumably reinforced and diffused—by the market. In this way, the market (as it were by a hidden hand) strengthens its own foundations and reproduces a moral culture that is functional to its own needs
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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.
Alex Nicholls (2010). Fair Trade: Towards an Economics of Virtue. [REVIEW] Journal of Business Ethics 92 (2):241 - 255.
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Geoff Moore (2003). Hives and Horseshoes, Mintzberg or Macintyre: What Future for Corporate Social Responsibility? Business Ethics 12 (1):41–53.
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.
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