The Moral Case For Profit Maximization
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The Moral Case For Profit Maximization
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Author : Robert White
language : en
Publisher: Lexington Books
Release Date : 2020-04-01
The Moral Case For Profit Maximization written by Robert White and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-01 with Business & Economics categories.
The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or services that are of objective value. Traditionally, profit maximization has been defended on economic grounds. Profit, economists argue, incentivizes businessmen to produce goods and services. In this view, businessmen do not need to be virtuous as long as they deliver the goods. It challenges the traditional defense of profit maximization, arguing that profit maximization is morally ambitious because it requires businessmen to form normative abstractions and to cultivate a virtuous character. In so doing, the author also challenges the moral basis of corporate social responsibility. Proponents of CSR argue that businessmen can do good while doing well. This book argues that businessmen already do good by maximizing profit, drawing upon the histories of the wheel, the refrigerator, and the shipping container, as well as the biographies of J. P. Morgan, John D. Rockefeller, and Thomas Edison to demonstrate the role of values in the creation of material goods and the role of the virtues in value creation. The author challenges readers to rethink the relationship between profit, value, and virtue.
Profit Maximization
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Author : Patrick Primeaux
language : en
Publisher: Austin & Winfield Publishers
Release Date : 1995
Profit Maximization written by Patrick Primeaux and has been published by Austin & Winfield Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business ethics categories.
Primeaux and Stieber clearly articulate that good ethics maximize profits. The authors show that in the long run business must operate within the value systems of a society.
Profits And Morality
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Author : Robin Cowan
language : en
Publisher: University of Chicago Press
Release Date : 1995
Profits And Morality written by Robin Cowan and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
Are profits morally justifiable? While neoclassical economists have traditionally endorsed the pursuit of profits, many moral philosophers have challenged profit making on a variety of ethical grounds. Through the lenses of economics, philosophy, and law, these six essays explore the morality of profits from libertarian, utilitarian, and consequentialist perspectives. Presenting arguments for and against the morality of profit making, the contributors examine the nature of profits and which ethical theories can support them. Two essays address how profits are made: one explores entrepreneurship as a legitimate source of profit, while another argues that recent advances in welfare economics weaken the case for the morality of profits. The other chapters focus on ethical theory, covering the right to profits from economic rent; the morality of how profits are used—those directed toward library or university endowments, for example, are considered morally acceptable—and whether or not profits are deserved.
The Moral Foundations Of Social Institutions
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Author : Seumas Miller
language : en
Publisher: Cambridge University Press
Release Date : 2010
The Moral Foundations Of Social Institutions written by Seumas Miller and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
Seumas Miller provides an exciting new philosophical theory of contemporary social institutions and the ethical challenges they confront.
Defending The Free Market
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Author : Robert A. Sirico
language : en
Publisher: Simon and Schuster
Release Date : 2012-05-21
Defending The Free Market written by Robert A. Sirico and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-21 with Political Science categories.
The Left has seized on our economic troubles as an excuse to “blame the rich guy” and paint a picture of capitalism and the free market as selfish, greedy, and cruel. Democrats in Congress and “Occupy” protesters across the country assert that the free market is not only unforgiving, it’s morally corrupt. According to President Obama and his allies, only by allowing the government to heavily control and regulate business and by redistributing the wealth can we ensure fairness and compassion. Exactly the opposite is true, says Father Robert A. Sirico in his thought–provoking new book, The Moral Case for a Free Economy. Father Sirico argues that a free economy actually promotes charity, selflessness, and kindness. And in The Moral Case for a Free Economy, he shows why free-market capitalism is not only the best way to ensure individual success and national prosperity but is also the surest route to a moral and socially–just society. In The Moral Case for a Free Economy, Father Sirico shows:Why we can’t have freedom without a free economy and why the best way to help the poor is to a start a businessWhy charity works—but welfare doesn’tHow Father Sirico himself converted from being a leftist colleague of Jane Fonda and Tom Hayden to recognizing the merits of a free economyIn this heated presidential election year, the Left will argue that capitalism may produce winners, but it is cruel and unfair. But as Sirico proves in The Moral Case for a Free Economy, capitalism does not simply provide opportunity for material success, but it ensures a more ethical and moral society as well.
Morality Competition And The Firm
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Author : Joseph Heath
language : en
Publisher: Oxford University Press
Release Date : 2014-08-01
Morality Competition And The Firm written by Joseph Heath and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-01 with Philosophy categories.
In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm.
Corporations And Morality
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Author : Thomas Donaldson
language : en
Publisher: Englewood Cliffs, N.J. : Prentice-Hall
Release Date : 1982
Corporations And Morality written by Thomas Donaldson and has been published by Englewood Cliffs, N.J. : Prentice-Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Industries categories.
The Moral Case For The Free Market Economy
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Author : Tibor R. Machan
language : en
Publisher:
Release Date : 1988
The Moral Case For The Free Market Economy written by Tibor R. Machan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Business & Economics categories.
A philosophical argument that places a brief statement for the case for the free market system of economics, the text is based on a view of human beings as moral agents and the legal system of a good community as designed to nurture this moral agency.
The Role Of Business In Global Governance
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Author : A. Flohr
language : en
Publisher: Springer
Release Date : 2010-01-13
The Role Of Business In Global Governance written by A. Flohr and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-13 with Political Science categories.
The Role of Business in Global Governance offers an empirically rich analysis of the new political role of corporations in the co-performance of governance functions beyond the state. Within comparative case studies, potential explanations of the political role of transnational corporations are systematically tested.
The Moral Status Of Profits And Other Rewards
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Author : Peter J. Hammond
language : en
Publisher:
Release Date : 1991
The Moral Status Of Profits And Other Rewards written by Peter J. Hammond and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Economics categories.