Philosophy 2074F/G Study Guide - Final Guide: Living Wage, Cultural Relativism, Rights-Based Approach To Development

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Summary of philosophy articles: does business ethics make economic sense by amartya sen. He has a similar view of adam smith in that the system will take care of itself in. Most people believe there is no need for ethics when it comes to business hence regards to ethics, as all that(cid:495)s needed is the regard for self-interest. the term (cid:498)business ethics is an oxymoron. (cid:499) Self-interest takes the need of ethics away (cid:523)doesn(cid:495)t include business with someone you don(cid:495)t trust. He didn(cid:495)t mention anything about ethical laws being put in place, as he(cid:495)s a libertarian (believes in the free will to do as we please). production/distribution) Business ethics is important for exchange as it is less likely that you would do. Ii. organize economic and social relations: that the owner has full rights over their property. The idea and ideal of capitalism by gerald gaus. Gaus believes that keynes underestimated the power of capitalism as a way to.