The Implicit Morality of the Market and Joseph Heath’s Market Failures Approach to Business Ethics

Joseph Heath defends competitive markets and conceptualizes business ethics with reference to Pareto efficiency, which he takes to be the “implicit morality of the market.” His justification for markets is that they generate Pareto efficient outcomes, meaning that markets optimally satisfy consumer...

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Bibliographic Details
Authors: Cohen, Marc A. (Author) ; Peterson, Dean (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Published: 2019
In: Journal of business ethics
Year: 2019, Volume: 159, Issue: 1, Pages: 75-88
Further subjects:B Implicit morality of the market
B Consequentialism
B Market failures approach
Online Access: Volltext (lizenzpflichtig)