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Ethical practices in business
Ethical practices in business
Ethical practices in business
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Crawford 1
Consumerism: The Morally Correct Choice
Morality; …certain codes of conduct put forward by a society or a group (such as a religion), or accepted by an individual for her own behavior, or normatively to refer to a code of conduct that, given specified conditions, would be put forward by all rational persons. (Stanford Encyclopedia of Philosophy, Feb 8, 2016)
There have recently been discussions in publications and the media about the evils of the American consumeristic society and the immorality of the normative lifestyle. Given the above definition of morality, the claims of America being a culture that is not adhering to common moral precepts is patently false. One can argue that changes in our culture might be beneficial to the
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Novak points out that corporations should be creators of new wealth to alleviate poverty by employment and contribute to building a civil society. This is not a rebuke against commercialism, more of a caution towards industry leaders that they have a responsibility towards society to act in a morally upright fashion. Herein lies the crux of the matter, given that in this time and place that capitalism and consumerism is the socially accepted norm when does excess consumption of consumer goods occur? Peter Singer would have us believe that we should give until we reach the level that he calls, marginal utility. In his essay, “Famine, Affluence, and Morality” Singer asserts that as a nation, we should donate 40 percent of our gross national product to famine relief around the world, thereby slowing our own economy and perhaps eliminating our consumer society entirely. This proposal is unrealistic in the extreme, as who then will be able to donate to charity if all of us are reduced to just slightly above the level of those we are aiding? This is not to say that an equalization in the distribution of capital, is not in order, which goes back to the assertion of Novak that industry leaders should indeed be leading when it comes to the morality of consumerism. CEO compensation has risen at an alarming rate in comparison with employee compensation, and with the demonstrated lack of accountability for corporate wrongdoing in the upper echelons this leads to ethics violations by all. Ethical behavior in corporate culture has been waning for some time and in many instances, has become a culture of greed, with the emphasis on producing profit without examination of ethical considerations. This problem is outlined by Beth Azar in an article in the American Psychological Association. She
The chosen article is Two Cheers for Consumerism by James Twitchell. In this article he talks about consumerism, commercialism, and materialism. He argues the stand point of consumers and the role they live by every day. In other hands the critics, Academy, gives the consumers and overview description to their consumers.
In the article “Famine, Affluence, and Morality,” Peter Singer argues that our conceptions on moral belief need to change. Specifically, He argues that giving to famine relief is not optional but a moral duty and failing to contribute money is immoral. As Singer puts it, “The way people in affluent countries react ... cannot be justified; indeed the whole way we look at moral issues-our moral conceptual scheme-needs to be altered and with it, the way of life that has come to be taken for granted in our society”(135). In other words Singer believes that unless you can find something wrong with the following argument you will have to drastically change your lifestyle and how you spend your money. Although some people might believe that his conclusion is too radical, Singer insists that it is the logical result of his argument. In sum, his view is that all affluent people should give much more to famine relief.
Stearns’ book is a compilation of thirty essays that according to their authors speak the truth about the problems of American culture. According to Stearns, the authors didn’t write the book to please their readers, but rather to make them understand the problems with American society (vi). The essays are written on a variety of themes such as problems with the city, politics, education, the law, the family, sex, business, science and philosophy. Although these essays concerned diverse subjects, they had three recurring themes. Firstly, all of the essays incorporated the theme of hypocrisy. According to Stearns, people pf the 1920’s didn’t practice the moral codes that they preached for fear of damaging their social status. Secondly, all the essays showed that America was no longer homo...
In today’s world, people in general like to keep up with the latest things such as gadgets like the iPhone. They tend to spend an ample amount of time on their gadgets or whatever the latest item is instead of dedicating their time to the more important things. During family dinners, everyone is usually on their phones. People may prefer to spend a day at the mall instead of volunteering. High credit card bills can result from spending so much money on the new things rather than paying bills. The social pressure to keep up with these material items has an effect on quality bonding time which has an effect on money. Consumerism actually sets a person against oneself because of the never-ending mission to acquire material objects therefore people should not concentrate their religious faith in materialism.
What is morality? Merriam-Webster dictionary states that morality is/are the beliefs about what right behavior is and what wrong behavior is
One of the most pressing problems facing America today is our moral crisis. This problem is one that is related to many other social dilemmas. It has a correlation to our rising crime rate, drug usage, and a trend towards sexual irresponsibility. It is imminent for Americans to find a cure for this moral disease lest we are bound for chaos. In order to solve this problem we must first, as with any problem, determine the causes. One of the causes is the overall tolerance of things that are immoral. Immorality can be defined as anything that deteriorates the decency, honorable or artistic merit, and overall purity of things. Today our society is one that accepts this trait. Tolerance of music and television that is morally questionable and an overall acceptance of a growing trend of sexual irresponsibility. That cause is the one that is possibly the most challenging one to remedy. The antidote includes a change of the current American attitude towards immorality. Another cause is the decline of the American family. The way to rid ourselves of this causing factor is to promote a more traditional family and encourage sexual responsibility. A third source of the destruction of America’s moral base is the media, It is becoming a crude exhibit of America’s worst ethics. The remedy for this component of the problem is to more strictly regulate and censor the media.
‘Brave New World’ by Aldous Huxley is a science-fiction book in which people live in a futuristic society and a place called the World State. In ‘Brave New World’, Aldous Huxley used the idea of consumerism to describe the behaviors and lives of the citizens of the World State. The practice of consumerism by the people of the World State fulfilled their satisfactory and happiness. However, it also blinded purity and truth among its people. Different classes and different genders of people practiced different acts of consumerism such as consuming soma, technology and bodies. They sought happiness from them and eventually these acts became a social norm. However, these practices of consumerism also had side effects. It blinded truth such as
Cunningham, Lawrence S., and John J. . Reich. Culture and Values. 7th ed. Vol. 1. Belmont, CA: Thomson/Wadsworth, 2006. Print.
Morality is based on spiritual and personal beliefs and on accepted standards for the respect of others.
William Greider has created, in "Work Rules", an overview of the social responsibility movement that is full of hope. While he never fails to note the overwhelmingly concentrated wealth, as well as the corruption and disinterest, which keep the forces of insatiable capitalism in a position of enormous power, Greider truly believes in that the reality of human interdependence will, in the long run, yield economic democracy and sustainability, blessings and not curses. I'd agree with his arguments, but it seems to me that it's not capitalism that's the problem, but rather rampant consumerism. While I'll concede that perhaps advertisers have influenced people into believing this lie, I can't put the fault on capitalism alone. I think it's precisely their abundance that's left people feeling such despair. They work hard to gather things, and realize that they're not really any happier than before. But they haven't been forced to play the game. There are other options, but they require hard work and ingenuity, something few people seem willing or able to expend nowadays.
The common consensus within the business field is that businesses have a social responsibility to protect and improve the societies they affect. Social responsibility is the belief that businesses and their employees have a duty to act in a manner that benefits their environments and society. The concept of social responsibility stems from ethics, which are simply the moral principles that guide a person’s behavior. However, despite this, it is clear to scholars, researchers, experts, and businessmen alike that sometimes ethics and responsibility are thrown out the window in favor of cutting costs and increasing corporate profits. This tendency for otherwise good businesses to act in badly is known as the Lucifer effect, and is a very real
Morality is an individuals ability to decide between what is right and what is wrong within human behavior. An individuals morals are their standards of behavior or beliefs concerning what is and is not acceptable for them as individuals to do. A persons morals are based upon what they think as an individual is right and
Covey & Brown (2001) “the role of business in society has progressed over the years, from being primarily concerned with profit for sharehold¬ers to a stakeholder and community approach with a focus on corporate social responsibility”
When the problem became serious two main views formed: the “narrow” view and the “broader” view, based on different ideas. The “narrow” view is based on the proposition that corporations have no social responsibility and they have only one main purpose, to make a profit (Friedman, 1970). So corporations should remain socially independent and all conflicts must be solved through the individual responsibility concept. On the contrary the “broader” view states that corporations have social obligations as all existing participants of market, persons and entities are tied together and are mutually dependent. So corporations cannot ignore some serious events or problems, which take place, and must help society, as profit is not their single purpose.
The word morality can have different yet similar definitions. According to the Stanford Encyclopedia of Philosophy, the definition of morality is, “descriptively to refer to some codes of conduct put forward by a society…religion, or accepted by an individual for her [or his] own behavior” (n. pg.). The original definition described the over-all code of conduct—the basis of morality and the conditions of which people set their standards to—set forth by society, but was later separated into different affiliations (n. pg). Typically, people separate themselves according to others that share similar conditions to their code of conduct. Morality is considered the unacknowledged addition to the formation of ethical theories created by different societal groups (n. pg.). Since the definition of morality has been modified, there are now two separate ideologies to it. One ideology is ‘Descriptive Morality’ which refers to specific groups. The other is ‘Normative M...