PHL295H1 Lecture Notes - Business Ethics, Morality Play, Golden Rule
Document Summary
Business ethics is adversarial: similar to sports, law, etc Two mistakes about adversarial morality: assume all notions of everyday morality apply (ie. just be nice to everyone) Clearly not true in adversarial situations (ex. In business, must be willing at times to put others out of business. The golden rule can even lead to colluding: assume there are no rules, everyone for themselves, jungle rules. Also may assume the laws take care of the basic rules that need to be kept. Corporations have diminished moral responsibilities compared to governments. It would be inconceivable to regulate business apart from the law: morality plays a huge part in allowing capitalism to function. Liber interest scandal in uk. how could you pass a law to not lie: law is an incredibly blunt instrument.
