Ethics in the Marketplace Week 2 Winter 2015 Providence University College

Golden Rule in the Bible Love your neighbor as yourself. Lev 19:18 & Mk 12:13 Whatever you desire others to do to you, do to them. Matt 7:12 & Luke 6:31 What do you notice?

Golden Rule in the Bible what I notice  Leviticus love the alien as your self?  Mark after the “contest”, an honest question

Golden Rule in the Bible what I notice  Matthew in Sermon on the Mount  Beatitudes  sacrificial love  overwhelming generosity of God »an appropriate response from us  Luke in the Sermon on the Plain  Beatitudes  love your enemies »turn the cheek »give them your clothing »lend to them without expecting to get anything back  God is overwhelmingly generous »we should be just like Him

Golden Rule in the Bible what I notice  not all the same always a “primary rule” a “contract” between people

Golden Rule in the Bible what I conclude  overwhelming generosity  much more than the “golden rule”

For Fri ch 1 on quiz ch 2 NOT on quiz  think of 1 question you want to ask “The Social Responsibility Business Is To Increase Its Profits” Friedman  read by Fri on quiz  think of 1 thing you want to say

Cases Each case:  What ethical systems used? by the protagonist by other actors

Identifying Ethical Systems

normative  consequentialist 1.egoism 2.utilitarianism  act-utilitarianism  rule-utilitarianism  non-consequentialist 3.Kantian 4.prima facie principles 5.moral rights should results motives

Identifying Ethical Systems should  results 1.egoism 2.utilitarianism  act-utilitarianism  rule-utilitarianism best for me best for everyone case-by-case rule-of-thumb

Identifying Ethical Systems should  results 1.best for me 2.best for everyone  case-by-case  rule-of-thumb  motives 3.Kantian 4.prima facie principles 5.moral rights reason

Identifying Ethical Systems should  results 1.best for me 2.best for everyone  case-by-case  rule-of-thumb  motives 3.reason 4.principles 5.rights Egoism

1.Egoism misplaced attacks  self-indulgence  hedonism  only pretending reasonable attacks  not a moral theory  psychological egoism not observed  ignores “reality”

Identifying Ethical Systems should  results 1.best for me 2.best for everyone  case-by-case  rule-of-thumb  motives 3.reason 4.principles 5.rights Utilitarianism

2.Utilitarianism in organizations  clear & “straightforward” process  “objective” criteria  results-oriented

2.Utilitarianism criticisms  workable?  just?  relentless?  some acts just seem wrong

2.Utilitarianism 2 streams  act utilitarianism case-by-case  rule utilitarianism rule-of-thumb “judge codes, not actions”

Identifying Ethical Systems should  results 1.best for me 2.best for everyone  case-by-case  rule-of-thumb  motives 3.reason 4.principles 5.rights Kant

3.Kant reason  circumstances must be ignored  intentions only duty  universal application test

3.Kant  “a categorical imperative”  “means not ends”

3.Kant in organizations  firm rules  focus on individual motivation

3.Kant criticisms  why only duty acceptable? no exceptions?  what does “means not ends” mean?

Identifying Ethical Systems should  results 1.best for me 2.best for everyone  case-by-case  rule-of-thumb  motives 3.reason 4.principles 5.rights prima facie principles

4.Prima Facie Principles  10 commandments  love God; love others  Golden Rule

4.Prima Facie Principles “everyone agrees on some basic rules”  in hierarchy

4.Prima Facie Principles Ross  7 duties fidelity reparation gratitude justice beneficence self-improvement non-injury

4.Prima Facie Principles criticisms  universal? what happens if someone disagrees?  conflicting

Identifying Ethical Systems should  results 1.best for me 2.best for everyone  case-by-case  rule-of-thumb  motives 3.reason 4.principles 5.rights moral rights

5.Moral Rights The Declaration of the Rights of Man Universal Declaration of Human Rights 

5.Moral Rights understanding  duties & rights  positive rights & negative rights

5.Moral Rights criticisms  what is on the list?  who draws up the list? is eligible? is responsible?  how much?  rights contests

Fri

Quiz

Friedman “The Social Responsibility…  New York Times Magazine 1970  Milton Friedman 1912 – 2006 Nobel Prize in Economics Chicago School of Economics "the most influential economist of the second half of the 20th century…possibly of all of it”  The Economist, obituary, 2006  1 thing you want to say

Friedman “The Social Responsibility…  What’s the basic case?  Why is it attractive?  Why don’t business people say it?  What objections have been made?  How would you respond?

textbook ch 2  1 question you want to ask