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business ethics

Alternatives to Maximizing Profit and The Fragility of Power (tags)

We must look for the "signs of the times" that point to the coming of the Kingdom of God or, as John Holloway puts it, the signs "of the presence of the material power of the cry." The world of struggle against the instrumental power that oppresses and exploits often seems invisible.

Homo Economicus and Dethronement of the Profit Principle (tags)

Max Frisch summarized economism int he formula: "what brings profit is rational." Economism is a business ethics conception, a justification theory for profit maximization that declares ethics superfluous. Ultimately this is an "ethic" without morality.

Profit-Making is Different Than Profit-Maximizing (tags)

Discussions of jobs and the economy are often marked by trivialization, distortion, unreality and wishful thinking, The neoliberal model promotes profits, not investments and rationalization and digitalization lead to mass unemployment. System analysis and market failure are often glossed over

Economic Ethics After the Crisis (tags)

Peter Ulrich is an emeritus professor of Economic Ethics at the University of St. Gallen, Switzerland and author of Integrative Economic Ethics (2008). The economy should be embedded in society; society should not be embedded in the economy. The invisible hand is a myth to be unmasked.

Justice Before Efficiency (tags)

The market economy must be bound to the principles of a fully-developed civil society. More is involved than a belated redistribution. A citizen is basically a social being. To overcome feudalism, precedence must be given to human- and civil rights over the power based on property.

Banking in Crisis" Towards a Responsible Organization (tags)

Luc Van Liedekerke, 1962, Professor of business ethics at the University of Leuven and Antwerp, Director of the Center for Economics and Ethics, KULeuven. Wim Dubbink, 1964, professor of business ethics at the University of Tilburg

Economics and Ethics: The Stakeholder Model (tags)

"Businesses cannot be reduced only to the principle of profit maximization.. Businesses are bound in a relational structure of different claimant groups including a critical public alongside the traditional economic actors.. Brent Spar is an example.."

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