business ethics Flashcards
Archbishop William Temples’ ‘Christianity and Social Order’.
- Coined the term ‘welfare state’.
- Influenced post-war reconstruction of industry.
“The business of business is business.”
Milton Friedman.
Christian Socialist movement.
- 1840s.
- Seeked for moral treatment of workers.
Corporate social responsibility.
Belief an organisation has ethical responsibilities in its own conduct and to wider community.
Polis.
Aristotle’s term for a small state bound together by civic friendship and mutural dependancy and service.
Who wrote and when was ‘A blueprint for better business’ published.
- Cardinal Vincent Nicholas.
- 2012.
Seven principles for good business in ‘A blueprint for better business’.
- Human dignity.
- Common good.
- Solidarity.
- Subsidiarity.
- Fraternity.
- Reciprocity.
- Susatainability.
Cardinal Vincent Nichols on need for Aristotelian virtues.
“It matters then that the prevailing ethos in a company clearly bring together corporate purpose and personal values.”
Robert Solomon on business ethics.
“The purpose of business is to provide the things that make ordinary life easier. […]. A practise defined, like all practises, by mutual understandings and underlying trust, and justified not by its profits but by the general prosperity.”
Robert Solomon’s argument around business ethics.
That being successful business does not contradict with being a business with good values, normally employees wont return to where they have felt disrespected and customers are more likely to shop ethically-sourced products.
Issue with application of Kantian ethics to whistleblowing.
Is our duty more intense to loyalty or to honesty?
Hannah Arednt on ‘group think’.
Members of the totalitarian countries think they cannot make a difference individually and so keep focusing inward, not calling out misconduct.
‘Window dressing’.
Concept of businesses acting ethically in order to draw in more customers.
Globalisation.
Growth of communication, movement of people and trade across the world.
Pope St John XXIII ‘Mater et Magister’.
Expressed concern for inabilty to preserve peace, risk of extending political dominance into weaker countries and restarting a colonial age in the face of globalisation.
Peter Singer’s concern with globalisation.
Harm done to the environment.
Pope Francis on environmentalism.
“The natural environment is a collective good, the patrimony of all humanity and the responsibility of everyone”.
