PHIL 230 Lecture Notes - Lecture 6: Medtronic
1 Apr 2019
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= considering the interests of all affected by the decision: benefits. Its less narrow than shareholder thinking, so more important interests are considered: risks, pg. It might accept uncritically the idea of stakeholder satisfaction. It might substitute aggregation of stakeholder satisfactions for normative principles that are less amenable. It focuses *exclusively* on satisfying the desires of the stakeholders. It says: give the stakeholders what they want! Sometimes satisfaction comes into conflict with other important values: related point: "give people what they want" is not always sound ethical advice, examples of stakeholder-satisfaction in conflict with values, tobacco companies. Shareholders and stakeholders satisfied, but conflict with health/dignity: payday loans.
