Workshop_1,_Notes_11-09

Workshop_1,_Notes_11-09 - Arthur: Poverty Lecture 16: July...

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Beyond Integrity: A Judeo- Christian Approach to Business Ethics , 2 nd Edition. 2004.
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Big business is often portrayed as a culprit. A counter-example is given in text (pp.16-17) Aaron Feuerstein - Feuerstein’s textile mill in Massachusetts burned only 2 weeks before Christmas in 1995. 24 were injured; 1400 were unemployed. Though he was 70 years old, Feuerstein planned to rebuild plant. Gave Christmas bonuses of $275, food coupons, wages for at least 30 days. Showed unselfish commitment to the community.
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Merck & Co. - Another example of corporate good behavior - Produced Invermectan worm medicine for animals, then developed Mectizan for humans. Heroic effort to develop cure for river blindness in Africa. Much of the effort was solely supported by Merck. Merck committed $20 million per year to ship the drug. Company morale was boosted. Set a precedent for all the pharmaceutical industry. In July 2000 Merck committed another $50 million to help AIDS victims in an epidemic in Botswana. (Also Bill Gates helped with another $50 M in the effort.)
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Adam Smith's Wealth of Nations (1776) Classic free enterprise capitalism. Assumes corporations will have moral restraint. Some qualities are necessary for morality: 1- Informed reflection. 2- Integrity. Much is changed in modern business morality. Size and complexity of organization complicates things. Influences in business morality today: Biblical Christian values,  Values from pluralism,  Values of free enterprise capitalism,  Government restraints.   
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The Judeo-Christian view of work – ( How the Bible views work.) Work is a positive thing. Work is a vocation (calling) from God - 1) Work has value. 2) Work is to be creative. 3) Work should be fulfilling. 4) Work should not just be drudgery. (“TGIF”, etc., is a result of fallen-ness; it is not a part of God’s original plan. Is business part of the problem?)
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Chapter 1, Christian Ethics in Business Essay 1. Albert Z. Carr. Is Business Bluffing Ethical? 1967. Page 23 (A classic essay on a controversial view.) According to the essay – Business is like poker. Ordinary ethics do not apply. In business you behave according to ordinary ethics to your peril. Failure is the likely outcome if you do.
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Essay 1. Carr. Is Business Bluffing Ethical? (cont.)
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This note was uploaded on 02/11/2010 for the course PHIL PHIL taught by Professor B during the Spring '10 term at Southern Wesleyan.

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Workshop_1,_Notes_11-09 - Arthur: Poverty Lecture 16: July...

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