LGLS 1101 Lecture 2: Moral and Ethical Principles Video Notes
Document Summary
Morals the social rules that govern and limit our conduct especially the ultimate rules concerning right and wrong: basic guidelines for social existence. Common misconceptions: moral standards get confused with: Moral relativism belief that mortality is just a function of what a particular. Religion society happens to believe, that what is right is determined by what a society says is right. Moral universalism belief that variations in moral standards reflect different factual circumstances rather than fundamental differences in values. Moral perspectivalism consideration of multiple perspectives while at the same time asserting universal truths. Kohlberg"s levels of moral development: preconventional we only act morally to avoid punishment, conventional lives up to expectations of others, postconventional follows self-chose principles of justice and right. Moral/ethical decisions have: extended consequences, multiple alternatives, mixed and complex outcomes, uncertain consequences, personal implications. Ethical principles/decision tools: profit maximization/individualism approach. Looks at long term best interest for you/company. Works best with open and free market.