Business Ethics Journal Review 4 (10):59-65 (2016)

Abstract
In defense of his Market Failures Approach to business ethics Joseph Heath relies on an understanding of business as essentially oriented towards competition and profit maximization. In these remarks I defend an alternative understanding of business that is centered on the creation of valuable goods and services. It is preferable because it: creates less pressure to take advantage of vulnerable stakeholders, can readily recognize “beyond compliance” norms that do not relate to efficiency, provides a more meaningful framework for people who work in and with corporations, may mitigate negative moral impacts outside the market, and better captures the range of what actually counts as business activity.
Keywords Business and Professional Ethics
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ISBN(s) 2326-7526
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Democratic Governance and the Ethics of Market Compliance.David Silver - forthcoming - Journal of Business Ethics:1-13.

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