This work provides a critical look at business practice in the early 21st century and suggests changes that are both practical and normatively superior. Several chapters present a reflection on business ethics from a societal or macro-organizational point of view. It makes a case for the economic and moral superiority of the sustainability capitalism of the European Union over the finance-based model of the United States. Most major themes in business ethics are covered and some new ones are introduced, including the topic of the right way to teach business ethics. The general approach adopted in this volume is Kantian. Alternative approaches are critically evaluated.
Table of Contents.- Editors' Introduction.- Preface.- Part 1 Economic Issues in Business Ethics.- 1. Fair Markets.- 2. What's Wrong with Efficiency and Always Low Prices.- 3. Economics: Friend or For of Ethics.- Part 2 Philosophical Issues in Business.- 4. Kantian Themes.- 5. The Limitations of Pragmatism as a Theory of Business Ethics.- Part 3 International Issues in Business Ethics.- 6. Varieties of Social Responsibility.- 7. Constructing the Universal Norms of International Business.- Part 4 Specific Business Ethics Issues.- 8. Money Morality and Motor Cars.- 9. The Ethical Dimensions of the Current Financial Crisis with Ron Duska.- 10. Stakeholder Boards as a Way of Improving Corporate Governance.- 11. Organizational Integrity and Moral Climates.- Part 5 Teaching Business Ethics.- 12. Crucial Decisions in the Teaching of Business Ethics. Index.
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