PHIL 322 Lecture 27: PHIL-322,University of Arizona,Readings(p27)

• School: University of Arizona
• Department: Philosophy Main
• Course: PHIL 322
• Professor: ALL

Document Summary

The social responsibility of business is to increase its profits. Individuals who are to be responsible are businessmen, which means individual proprietors or corporate executives. That responsibility of a business executive is to conduct the business in accordance with their desires, which generally will be to make as much money as possible while conforming to their basic rules of the society. They can do good--but only at their own expense. In a free society, it is hard for. "evil" people to do "evil," especially since one man"s good is another"s evil. In practice the doctrine of social responsibility is frequently a cloak for actions that are justified on other grounds rather than a reason for those actions \ In each of these--and many similar--cases, there is a strong temptation to rationalize these actions as an exercise of "social responsibility. " The short-sightedness is also exemplified in speeches by businessmen on social responsibility. This may gain them kudos in the short run.