Rerum Novarum and the modern corporation

This paper argues that Rerum Novarumis a classic text. The classic character of Rerum Novarumis evident in relation to contemporary business ethics, particularly when Pope Leo addresses questions concerning the moral workplace and the moral economic order. The paper is in three parts. The first sect...

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Bibliographic Details
Authors: Brady, Bernard (Author) ; Goodpaster, Kenneth (Author) ; Kennedy, Robert E. 1933- (Author)
Format: Electronic Article
Language:English
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Published: Proquest 1991
In: International journal of value-based management
Year: 1991, Volume: 4, Issue: 2, Pages: 57-75
Further subjects:B Classic Text
B Economic Order
B Management Decision
B Business Ethic
B Moral Reasoning
Online Access: Volltext (lizenzpflichtig)
Description
Summary:This paper argues that Rerum Novarumis a classic text. The classic character of Rerum Novarumis evident in relation to contemporary business ethics, particularly when Pope Leo addresses questions concerning the moral workplace and the moral economic order. The paper is in three parts. The first section explores Rerum Novarumand Pope Leo's model for creating the moral workplace. The second section argues that Rerum Novarumanticipates, both conceptually and normatively, the thrust of much contemporary work in business ethics. Conceptually the encyclical responds to issues on the micro and macro arenas as does contemporary business ethics. Normatively the encyclical argues that moral reasoning ought to be a part of management decisions. Rerum Novarumappeals to personal forces and calls upon the conscience of managers. The third section suggests that the decisions of some modern corporations are consistent with the insights of Leo XIII. Three cases are used to illustrate themes in Rerum Novarumthat are morally significant today.
ISSN:1572-8528
Contains:Enthalten in: International journal of value-based management
Persistent identifiers:DOI: 10.1007/BF01682351