Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Relationship between business ethics and religion
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Relationship between business ethics and religion
Rae & Wong: Ch. 2
Reading: Carr
1. Do you agree with the executive’s statement that “a sudden submission to Christian ethics by businessmen would bring about the greatest economic upheaval in history”? What do you think he means by that statement?
A: The executive’s statements means that if Christian ethics were allowed or forced as standards in business, organizations - particularly unethical but not illegal businesses - would be politically damaged and economically crippled by the constraining morals of Christianity. Thus, the executive asserts that conforming to such an ethic “would bring about the greatest economic upheaval in history” (Carr, 1968, P. 90); since this ethic would require businessmen to ‘play’ under the same ethical codes as everyone else in society.
…show more content…
In other words, “the economy would actually fall apart, since it is structurally dependent on mistrust and deception for its survival” (Rae & Wong, 2012, p. 108). The application of Christian ethics would cripple and erode the unethical elements of modern business, not business itself. The book of Proverbs confirms this viewpoint, “No harm overtakes the righteous, but the wicked have their fill of trouble” (Prov. 12:21, English Standard Version). In other words, a businessmen should only be afraid of complying with Christian ethics if he has violating them in the first place. In fact, businessmen who uphold strong values should welcome Christian ethics into the contemporary business landscape - as an opportunity to level of the ethical playing field.
2. How do you evaluate Carr’s analogy of business to a poker game, with its own distinct set of
Solomon, Norman. "New House Rules: Christianity, Economics, and Planetary Living."Subverting Greed: Religious Perspectives on the Global Economy. Maryknoll, NY: Orbis, 2002. 96-117. Print.
The era that marked the end of civil war and the beginning of the twentieth century in the united states of America was coupled with enormous economic and industrial developments that attracted diverse views and different arguments on what exactly acquisition of wealth implied on the social classes in the society. It was during this time that the Marxist and those who embraced his ideologies came out strongly to argue their position on what industrial revolution should imply in an economic world like America. In fact, there was a rapid rise in the gross national product of the United States between 1874 and 1883. This actually sparked remarkable consequences on the political, social and economic impacts. In fact, the social rejoinder to industrialization had extensive consequences on the American society. This led to the emergence of social reform movements to discourse on the needs of the industrialized society. Various theories were developed to rationalize the widening gap between the rich and the poor. Various reformers like Andrew Carnegie, Henry George and William Graham Sumner perceived the view on the obligation of the wealthy differently. This paper seeks to address on the different views held by these prominent people during this time of historical transformations.
“Only the man who has enough good in him to feel the justice of the penalty can be punished; the other can only be hurt.'; This is a very interesting quote, and depending what you make of it, it can be very confusing. To most people this quote might not mean anything, but you
Diamond discusses the importance of ideology and the ways in which they “pave road” for society to appropriately organize upon. Diamond specifically outlines the ways in which changing an ideology can alter society in Chapter 14, From Egalitarianism to Kleptocracy, as society evolves through the spread of an ideology. Both Diamond and Hunt agree about the importance of ideology in society, but their standpoints are critically different in their perspectives. Diamond focuses on other aspects just as well, such as immunity to germs or resource production, whereas Hunt specifically focuses on the ways in which changes in ideology impact the development of capitalism. Thus, both Hunt and Diamond have different thought’s on economic history, but converge in the ideal of signifying ideological
...d ultimately helps to create a root system that digs deep into the soil of commerce. It places that organization on a firm foundation of good management principles and exhibits the true spirit of greatness that has been lacking in the corporate world for a long time. And I am firmly convinced that until American business leaders toss aside situation ethics and replace them with good old-fashioned morality, our nation will continue to slide down the proverbial rabbit hole into obscurity and decay. Until corporate America, and indeed the entire global corporate world, embraces this concept and operates upon its principles, we will not see any sort of economic revival until Jesus comes.
Stuart, Reginald. "ON THE RISE?" Crisis (15591573) 114.4 (2007): 16-20. Academic Search Elite. EBSCO. Web. 4 Oct. 2011.
Hultberg, Nelson. "Is Individualism Dead? | Nelson Hultberg." FEE. Foundation for Economic Education, 01 June 1994. Web.
...erican Capitalism." Introduction to Political Economy. 7th ed. Cambridge, MA: Dollars and Sense, Economic Affairs Bureau, 2005. 147-76. Print.
Polanyi, Karl. "Societies and Economic Systems," "The Self Regulating Market and Fictitious Commodities: Labour, Land, and Money." "The Great Transformation. Boston: Beacon Press, 1957. pp. 43-55, 68-75
Ethical behavior is behavior that a person considers to be appropriate. A person’s moral principals are shaped from birth, and developed overtime throughout the person’s life. There are many factors that can influence what a person believes whats is right, or what is wrong. Some factors are a person’s family, religious beliefs, culture, and experiences. In business it is of great importance for an employee to understand how to act ethically to prevent a company from being sued, and receiving criticism from the public while bringing in profits for the company. (Mallor, Barnes, Bowers, & Langvardt, 2010) Business ethics is when ethical behavior is applied in an business environment, or by a business. There are many situations that can arise in which a person is experiencing an ethical dilemma. They have to choose between standing by their own personal ethical standards or to comply with their companies ethical standards. In some instances some have to choose whether to serve their own personal interests, or the interest of the company. In this essay I will be examining the financial events surrounding Bernie Madoff, and the events surrounding Enron.
“For the foolishness of God is wiser than man’s wisdom, and the weakness of God is stronger than man’s strength… but God chose the foolish things of the world to shame the wise; God chose the weak things of the world to shame the strong” -(Corinthians 25-28)
Max Weber’s main contention in this work is that what he calls the “Protestant Ethic” played a vital role in fostering the development of industrial capitalism in Europe and the United States. The Protestant Ethic was the idea found in some sects of Protestantism that one had a duty to God to succeed in their life’s work, but were bound to a lifestyle of asceticism that prevented them from spending the wealth they earned on themselves. The wealth that was accumulated through this lifestyle was reinvested into the work process in order to create more wealth. This continual reinvestment of wealth provided the necessary capital and conditions that allowed for the development of modern capitalism.
Albert Carr argues that business is a game and that business ethics differs from private life ethics that individuals practice. Carr explains that practices such as bluffing and not telling the whole truth are morally acceptable in business context. Carr claims that one cannot apply a single standard of ethics universally as situations differ from one to another. My response to such claim is that I refuse to accept that businesses cannot be strictly ethical.
Reich, R. (1991). "The work of nations: Preparing ourselves for twenty-first century capitalism." New York: Alfred Knopf
The Web. The Web. 17 Mar. 2014. The 'Standard' of the 'Standard'. http://www.ehow.com/about_6528896_economics-important-society_.html>. Shea, Renée Hausmann, Lawrence Scanlon, and Robin Dissin.