Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II

Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II
Author: Dipak Basu
Publisher: Springer Nature
Total Pages: 205
Release: 2021-04-17
Genre: Business & Economics
ISBN: 3030680673

This book, the second of two volumes, is inspired by the famous philosopher of India, Kautilya, author of the first book on economics in the world, Arthashashtra. It analyzes the influence of ethical values from ancient societies on modern systems of management and economics. While this book deals with the “global sages” like Aristotle, Buddha, Jesus, the scope is also expanded to incorporate other notable modern thinkers like Karl Marx, Adam Smith, and Rabindranath Tagore. This book aims to highlight the interrelationships between ethics and management, both from a micro and macroeconomics, as well as organizational and national, perspective. It will be useful for those interested in history, economics, development studies, international relations, and global politics.

Ethics, Morality and Business: The Development of Modern Economic Systems, Volume I

Ethics, Morality and Business: The Development of Modern Economic Systems, Volume I
Author: Dipak Basu
Publisher: Springer Nature
Total Pages: 207
Release: 2021-04-17
Genre: Business & Economics
ISBN: 3030714934

This book, the first of two volumes, examines ancient civilizations to explore the ethical foundations of modern economic systems. The origin of ethical values is analyzed from a historical context and, through investigating the spread of the Aryan civilization from India into the rest of the world, the links between ancient Russia, India, Japan, and Greece are highlighted. By examining the business management in these societies, the development of an ethical system is explained. This book aims to highlight how trust is fundamental to transactions within an exchange economy. It will be relevant to those interested in economics, development studies, international relations, and global politics.

The Ethical Economy

The Ethical Economy
Author: Adam Arvidsson
Publisher: Columbia University Press
Total Pages: 209
Release: 2013-09-03
Genre: Political Science
ISBN: 0231526431

A more ethical economic system is now possible, one that rectifies the crisis spots of our current downturn while balancing the injustices of extreme poverty and wealth. Adam Arvidsson and Nicolai Peitersen, a scholar and an entrepreneur, outline the shape such an economy might take, identifying its origins in innovations already existent in our production, valuation, and distribution systems. Much like nineteenth-century entrepreneurs, philosophers, bankers, artisans, and social organizers who planned a course for modern capitalism that was more economically efficient and ethically desirable, we now have a chance to construct new instruments, institutions, and infrastructure to reverse the trajectory of a quickly deteriorating economic environment. Considering a multitude of emerging phenomena, Arvidsson and Peitersen show wealth creation can be the result of a new kind of social production, and the motivation of continuous capital accumulation can exist in tandem with a new desire to maximize our social impact. Arvidsson and Peitersen argue that financial markets could become a central arena in which diverse ethical concerns are integrated into tangible economic valuations. They suggest that such a common standard has already emerged and that this process is linked to the spread of social media, making it possible to capture the sentiment of value to most people. They ultimately recommend how to build upon these developments to initiate a radical democratization of economic systems and the value decisions they generate.

The Moral Background

The Moral Background
Author: Gabriel Abend
Publisher: Princeton University Press
Total Pages: 413
Release: 2016-05-31
Genre: Business & Economics
ISBN: 0691171122

In recent years, many disciplines have become interested in the scientific study of morality. However, a conceptual framework for this work is still lacking. In The Moral Background, Gabriel Abend develops just such a framework and uses it to investigate the history of business ethics in the United States from the 1850s to the 1930s. According to Abend, morality consists of three levels: moral and immoral behavior, or the behavioral level; moral understandings and norms, or the normative level; and the moral background, which includes what moral concepts exist in a society, what moral methods can be used, what reasons can be given, and what objects can be morally evaluated at all. This background underlies the behavioral and normative levels; it supports, facilitates, and enables them. Through this perspective, Abend historically examines the work of numerous business ethicists and organizations—such as Protestant ministers, business associations, and business schools—and identifies two types of moral background. "Standards of Practice" is characterized by its scientific worldview, moral relativism, and emphasis on individuals' actions and decisions. The "Christian Merchant" type is characterized by its Christian worldview, moral objectivism, and conception of a person's life as a unity. The Moral Background offers both an original account of the history of business ethics and a novel framework for understanding and investigating morality in general.

The Moral Economy

The Moral Economy
Author: Samuel Bowles
Publisher: Yale University Press
Total Pages: 283
Release: 2016-05-28
Genre: Business & Economics
ISBN: 0300221088

Should the idea of economic man—the amoral and self-interested Homo economicus—determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding “no.” Policies that follow from this paradigm, he shows, may “crowd out” ethical and generous motives and thus backfire. But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and rewards is that self-interest is expected, that the employer thinks the workforce is lazy, or that the citizen cannot otherwise be trusted to contribute to the public good. Using historical and recent case studies as well as behavioral experiments, Bowles shows how well-designed incentives can crowd in the civic motives on which good governance depends.

Moralizing Capitalism

Moralizing Capitalism
Author: Stefan Berger
Publisher: Springer
Total Pages: 343
Release: 2019-07-26
Genre: History
ISBN: 3030205657

This book adds a crucial focus on morality to the growing literature on the history of capitalism by exploring social and cultural perspectives on the economic order that has dominated the modern world. Taking the study beyond narrow economic confines, it traces the entanglement between moral sentiments and capitalism, examining both moral critiques and moral justifications. Company bankruptcies, systems of taxation, wealth, and the running of stock exchanges were attacked on moral grounds, while ideas of economic justice and the humanization of capitalism loomed large over moral critiques. Many movements, from antislavery to labour campaigns, were inspired by aspirations to improve capitalism and halt the moral decay that was felt to have affected large sections of society. This book questions how moral sentiments are defined and have changed over time, and how these relate to both capitalism and anti-capitalism. Covering a range of different social movements and ethical issues, the 13 chapters present a moral history of capitalism, understood not simply as an economic system but as an order that encompasses all areas of modern life.

Ethical Business Cultures in Emerging Markets

Ethical Business Cultures in Emerging Markets
Author: Alexandre Ardichvili
Publisher: Cambridge University Press
Total Pages: 343
Release: 2017-10-26
Genre: Business & Economics
ISBN: 1107104920

This study examines the intersection of human resource development and human resource management with ethical business cultures in developing economies, and addresses issues faced daily by practitioners in these countries. It is ideal for scholars, researchers and students in business ethics, management, human resource management and development, and organization studies.

Integrative Economic Ethics

Integrative Economic Ethics
Author: Peter Ulrich
Publisher: Cambridge University Press
Total Pages: 500
Release: 2010-09-09
Genre: Business & Economics
ISBN: 9780521172424

Integrative Economic Ethics is a highly original work that progresses through a series of rational and philosophical arguments to address foundational issues concerning the relationship between ethics and the market economy. Rather than accepting market competition as a driver of ethical behaviour, the author shows that modern economies need to develop ethical principles that guide market competition, thus moving business ethics into the realms of political theory and civic rationality. This book was in its fourth edition in the original German in 2008, this English translation of Peter Ulrich's development of a fresh integrative approach to economic ethics will be of interest to all scholars and advanced students of business ethics, economics, and social and political philosophy.

How Adam Smith Can Change Your Life

How Adam Smith Can Change Your Life
Author: Russ Roberts
Publisher: Portfolio
Total Pages: 274
Release: 2015-10-13
Genre: Business & Economics
ISBN: 1591847958

"How the insights of an 18th century economist can help us live better in the 21st century. Adam Smith became famous for The Wealth of Nations, but the Scottish economist also cared deeply about our moral choices and behavior--the subjects of his other brilliant book, The Theory of Moral Sentiments (1759). Now, economist Russ Roberts shows why Smith's neglected work might be the greatest self-help book you've never read. Roberts explores Smith's unique and fascinating approach to fundamental questions such as: - What is the deepest source of human satisfaction? - Why do we sometimes swing between selfishness and altruism? - What's the connection between morality and happiness? Drawing on current events, literature, history, and pop culture, Roberts offers an accessible and thought-provoking view of human behavior through the lenses of behavioral economics and philosophy"--