Managers in the Moral Dimension: What Etzioni Might Mean to Corporate Managers

In The Moral Dimension, Amitai Etzioni critiques the neoclassical economic paradigm (NEP), a model built upon ethical egoism and which equates rationality (the logical/empirical domain) with the maximization of preferences by self-interested economic units. Etzioni finds the NEP’s exclusion of the m...

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Bibliographic Details
Authors: Shaw, Bill (Author) ; Zollers, Frances E. (Author)
Format: Electronic Article
Language:English
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Published: Cambridge Univ. Press 1993
In: Business ethics quarterly
Year: 1993, Volume: 3, Issue: 2, Pages: 153-168
Online Access: Volltext (JSTOR)
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Summary:In The Moral Dimension, Amitai Etzioni critiques the neoclassical economic paradigm (NEP), a model built upon ethical egoism and which equates rationality (the logical/empirical domain) with the maximization of preferences by self-interested economic units. Etzioni finds the NEP’s exclusion of the moral/affective domain to be a glaring failure and, because of this omission, he claims that the economic model is not capable of achieving its design functions: prediction and explanation. Etzioni introduces a socio-economic model, the I & We paradigm, in which the moral/affective encapsulates the logical/empirical. Further elaboration and testing of this model remains to be undertaken. We find it to hold more promise than its neoclassical economic rival, and we explicate its value for the modern manager.
ISSN:2153-3326
Contains:Enthalten in: Business ethics quarterly
Persistent identifiers:DOI: 10.2307/3857369