Chapter I - Ethics and Business 2/14/11 Horatio Alger,...

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2/14/11 Ethics and Business
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2/14/11 Horatio Alger, 1832-1899 Author of formulaic books about the American dream of getting rich. Suggests any poor boy with patience and an unwavering commitment to hard work can become a dazzling success. Wealth was the product of a meritocracy, and the direct consequence of “honesty, thrift, self-
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2/14/11 Horatio Alger, 1832-1899 Criticism Naïve. Sure some honest hardworking people do receive appropriate fortune but most wealth is won by and unethical beaviour. His simplistic books created a mythology that has shaped our thinking about financial élites . . .
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2/14/11 Horatio Alger, 1832-1899 - Academy Award winning American filmmaker, author, and liberal political commentator Michael Moore is vocal in his opposition to the Horatio Alger myth. In 2003, Moore remarked, “So, here's my question: after fleecing the American public and destroying the American dream for most working people, how is it that, instead of being
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2/14/11 The Myth of Amoral Business Business is amoral i.e. business has nothing to do with ethics. In business moral considerations are not needed. Business and ethics are incongruous. So, the ´business of business is business (profit making).´ The myth is created by the following misconceptions about ethics:
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Chapter I - Ethics and Business 2/14/11 Horatio Alger,...

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