Quiz One Flashcards
Rawls?
Principle of Justice/Fairness
First principle: Rawls
- Each person is to have an equal right to the most extensive basic liberty compatible with a similar liberty for others!!
What does Rawls first principle mean?
We are born into a certain set of rules that we are not given a choice at birth.
i.e: unknown class, economical/racial stand point, sexuality, race, disability
Can be excluded from different groups due to a trait.
Rawls Principle Two:
- Social and economic inequalities are to be arranged that they are a.) reasonably expected to be everyone’s advantage and b.) attaches to positions and offices open to all.
What does Rawls second principle mean?
Protect yourself from competition. Ensure liberty!
May be good for the good of competition, but I want inequalities to be the benefit/deficit of everyone.
YOU ARE BETTER OFF THAN THE ALTERNATIVE!
Friedman?
A companies main goal is to increase profits.
- Benefits the company
- Maximize profits for shareholders
Friedman on executives?
Executives are not entitled to decide what to do with companies money!
SHAREHOLDER = PRINCIPAL
EXECUTIVE = AGENT
What does Stout think??
- Shareholders OWN corporations
- Shareholders are residual clients
- Shareholders are principal/executive agents
Nozick?
Libertarianism
What is libertarianism
Being able to do whatever you want as long as you don’t hurt anyone.
Governments role? Nozick.
Provide for the public defense:
“I should not have to be forced to give money which I obtain through free exchange to anyone else” example: public education.
What are the two ways to view libertarianism?
LOCKEAN AND UTILITARIAN
LOCKEAN #1:
Individual property rights independent of any government.
Things belong to you through hard work, effort and labor (work the land entitled to the fruit).
LOCKEAN #2:
Transfer of holdings has taken place through free exchange.
True independence - any government violation is injustice.
Utilitarian!!!!
The best outcomes will be realized by a maximally free markets.
Let individuals decide what’s best for them - not government!!! Happiness!!
BOWIE
Moral Justification
Autonomy and self governance
By possessing these traits make you a responsible person
Kant:
Act so that you treat humanity whether in your own person or in that of another, always as an end never as means only
Autonomous
Making and following own laws
Freedom and ability to make own laws as necessary for moral agency
DIGNITY
Solomon
Importance of life management
What is important to you? Luck vs fate
AUDI
ETHICAL OBLIGATIONS
Audi - Utilitarianism
Increasing human happiness and decreasing human suffering.
A great action can outweigh a good one
Right Based Ethics - AUDI
We act within our rights.
BUSINESSES OUGHT TO DO MORE
BUT THEY DONT HAVE TOO
Kantian Ethics - AUDI
We count on promises from others but we can’t enforce them to follow through. Never treat someone as means.
VIRTUE ETHICS - AUDI
Demands we focus on being good! BE STATEMENTS: BE just, BE kind, B honest.
This person characteristically does good deeds.
ROLE MODELS: IMPORTANT
Common Sense Ethical Plurasim
Prohibits injustice harming others lying and breaking promises. Doing good for ones self improvement.
GINI
Leadership
The Role of a leader
To serve the needs and well being of those being led
Steward?
Recognizing the importance of others and not themselves
Values
Ideas and beliefs that direct our choices and actions.’all leadership is value ordinated
Two important ideas of leadership and followers
POWER AND EDUCATION
EDUCATION: TO empower people with information offering choices fostering learning building concesus
Power: to do to be able to change
Structural restraints
Organizational Tolitaranism
Organizational Tolitaranism Schwartz
Businesses have a survival of the fittest mentality.
What does jackall think?
All corporations are to serve themselves
Promotion relies on loyalty within
THE BATHSHEBA SYNDROME
The downfall of GOOD LEADERS is self indulgence
