Business Ethics: A Compromise Between Politics and Virtue

This article examines and synthesizes two different approaches to determining the content of business ethics courses and the manner in which they ought to be taught. The first approach, from a political perspective, argues that the institutional framework within which business operates ought to be t...

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Bibliographic Details
Main Author: Maguire, Stephen (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 1997
In: Journal of business ethics
Year: 1997, Volume: 16, Issue: 12, Pages: 1411-1418
Further subjects:B interpretation in moral reasoning
B Distributive Justice
B Business Ethics
B Applied Ethics
B Phronesis
B Virtue Ethics
B Moral understanding
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Summary:This article examines and synthesizes two different approaches to determining the content of business ethics courses and the manner in which they ought to be taught. The first approach, from a political perspective, argues that the institutional framework within which business operates ought to be tested by theories of distributive justice. The second approach, from the perspective of virtue theory, argues that we ought to examine the character of individual employees and the responsibilities associated with the roles which these individuals play within organizations. I argue that Gadamer's interpretation of Aristotle's notion of phronesis shows an inseparable, bidirectional, conceptual link between the approaches of politics and virtue as well as providing insight into how business ethics might best be taught.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1023/A:1005735125151