Many business ethics books take a basically collectivist
approach to the subject. They speak in terms of collective rights
and interests, the public interest, social justice, the greatest
good for the greatest number, and so forth. If individualism is
mentioned at all, it is mentioned disparagingly. This book takes a
different approach. While some of the contributors to this volume
take the more popular, collectivist approach, many of them do not.
Thus, this book offers a more balanced presentation of business
ethics than that found in most books on the subject.
The book is divided into four parts. The contributors to Part I
offer an enlightening look at the philosophical foundations of
business ethics via discussions on the teaching of business ethics,
on the relationship between capitalism and morality, on the
philosophical concepts of selfishness, exploitation, and the profit
motive, as well as a unique chapter where business ethics issues
are looked at against the foil of the philosophy of Ayn Rand. Part
II addresses business ethics issues that involve the relationship
of the corporation to outsiders. Among the topics discussed are the
concept of corporate duty and social responsibility, environmental
issues, and business ethics applied to so-called anti-competitive
practices. Part III discusses some issues regarding the
responsibility of the corporation to insiders, and Part IV covers
some of the ethical responsibilities of employees and the
corporation. A major contribution to the field of business ethics,
this edited work is recommended for scholars, practitioners, and
the general public.
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