Item type | Current location | Call number | Status | Date due | Barcode |
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Book | Prime Ministers Museum and Library | 174.4 R0 (Browse shelf) | Available | 190196 |
172.422 R0 Nuclear ethics in the twenty-first century : | 174 Q9 The Oxford handbook of ethics and economics / | 174.4 Q9 Agency and democracy in development ethics / | 174.4 R0 Moral case for profit maximization / | 174.9069 R0 Museum collection ethics : | 179.1 Q8 Caring for glaciers : | 179.30954 R0 Cow care in Hindu animal ethics / |
Includes bibliographical references and index.
The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or services that are of objective value. Traditionally, profit maximization has been defended on economic grounds. Profit, economists argue, incentivizes businessmen to produce goods and services. In this view, businessmen do not need to be virtuous as long as they deliver the goods. It challenges the traditional defense of profit maximization, arguing that profit maximization is morally ambitious because it requires businessmen to form normative abstractions and to cultivate a virtuous character. In so doing, the author also challenges the moral basis of corporate social responsibility. Proponents of CSR argue that businessmen can do good while doing well. This book argues that businessmen already do good by maximizing profit, drawing upon the histories of the wheel, the refrigerator, and the shipping container, as well as the biographies of J. P. Morgan, John D. Rockefeller, and Thomas Edison to demonstrate the role of values in the creation of material goods and the role of the virtues in value creation. The author challenges readers to rethink the relationship between profit, value, and virtue.
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