Philosophy 2074F/G Chapter Notes -Private Good, Profit Maximization, Externality
12 Dec 2012
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Amartya sen does business ethics make economic sense? : exchange, production and distribution. Adam smith the butcher, the brewer and the baker. It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love . The butcher, brewer and baker want our money, and we want their products, and the exchange benefits us all: sen believes this is a limited claim, we have to ask: Third world countries lack of trust/confidence in the moral behaviour of particular groups of traders. The need for business ethics is quite strong even in the field of exchange: despite the bbb motivation of regard for their own interest , organization of production: firms and public goods. Japan no-profit motivations underlying many economic and business activities in.
