The dichotomous nature of capitalism: can the profit motive be reconciled to ethical business practice?

dc.contributor.author	Willcock, Graham J.
dc.date.accessioned	2010-11-18T10:40:10Z
dc.date.available	2010-11-18T10:40:10Z
dc.date.issued	2010-11-18
dc.description.abstract	Abstract This paper presents the thesis that, in certain circumstances and despite the dichotomous nature of capitalism, economic self-interest, or profit, may be reconciled to ethical business practice. These circumstances require that: i) a business enterprise be conducted outside of a traditional business model, in what will be referred to as a stakeholder model of business; ii) this stakeholder model must be grounded in a Rawlsian conception of contractualism, where all players are ‘free, equal, rational and reasonable’, with the emphasis on reasonableness; and where, iii) matters of Aristotelean character are the currency for determining reasonableness and the degree to which players are able to agree, or at least not reject, a particular course of action.	en_US
dc.identifier.uri	http://hdl.handle.net/10539/8884
dc.language.iso	en	en_US
dc.subject	Business ethics	en_US
dc.subject	profit maximisation	en_US
dc.subject	stakeholder theory	en_US
dc.subject	contracualist paradigm	en_US
dc.subject	virtue theory	en_US
dc.subject	virtue ethics	en_US
dc.title	The dichotomous nature of capitalism: can the profit motive be reconciled to ethical business practice?	en_US
dc.type	Thesis	en_US

Now showing 1 - 2 of 2

Now showing 1 - 1 of 1