Wealth, Commerce, and Philosophy: Foundational Thinkers and Business Ethics

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Eugene Heath, Byron Kaldis
University of Chicago Press, Jun 2, 2017 - Philosophy - 464 pages
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The moral dimensions of how we conduct business affect all of our lives in ways big and small, from the prevention of environmental devastation to the policing of unfair trading practices, from arguments over minimum wage rates to those over how government contracts are handed out. Yet for as deep and complex a field as business ethics is, it has remained relatively isolated from the larger, global history of moral philosophy. This book aims to bridge that gap, reaching deep into the past and traveling the globe to reinvigorate and deepen the basis of business ethics.

Spanning the history of western philosophy as well as looking toward classical Chinese thought and medieval Islamic philosophy, this volume provides business ethicists a unified source of clear, accurate, and compelling accounts of how the ideas of foundational thinkers—from Aristotle to Friedrich Hayek to Amartya Sen—relate to wealth, commerce, and markets. The essays illuminate perspectives that have often been ignored or forgotten, informing discussion in fresh and often unexpected ways. In doing so, the authors not only throw into relief common misunderstandings and misappropriations often endemic to business ethics but also set forth rich moments of contention as well as novel ways of approaching complex ethical problems. Ultimately, this volume provides a bedrock of moral thought that will move business ethics beyond the ever-changing opinions of headline-driven debate.
 

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Contents

Introduction Eugene Heath and Byron Kaldis
1
Homer and Hesiod Mark S Peacock
11
Friend or Foe? Fred D Miller Jr
31
Possibilities and Challenges David Elstein and Qing Tian
53
Spiritual Social and Material Economy in Augustines Theological Anthropology Todd Breyfogle
75
The Economy at the Service of Justice and the Common Good Martin Schlag
95
Ibn Khalduns Muqaddimah Revisited Munir Quddus and Salim Rashid
115
7 Hobbess Idea of Moral Conduct in a Society of Free Individuals Timothy Fuller
135
Adam Smith and the Beauty of Commerce Douglas J Den Uyl
241
13 Why Kants Insistence on Purity of the Will Does Not Preclude an Application of Kants Ethics to ForProfit Businesses Norman Bowie
263
The Corporation as an Ethical Association Alan S Kahan
283
15 J S Mill and Business Ethics Nicholas Capaldi
301
16 Karl Marx on History Capitalism and Business Ethics? William H Shaw
321
17 Friedrich Hayeks Defense of the Market Order Karen I Vaughn
341
18 The Power and the Limits of Milton Friedmans Arguments against Corporate Social Responsibility Alexei Marcoux
359
Rawlsian Justice Business Ethics and the Morality of the Market Matt Zwolinski
381

Individual Rights Voluntary Cooperation and Mutual Gain Eric Mack
157
Mandevillean Maxims for the Ethics of Commerce Eugene Heath
179
Montesquieu and the Spirit of Commercial Society Henry C Clark
201
11 Hume on Commerce Society and Ethics Christopher J Berry
221
Amartya Sen on Motivations to Do Good Ann E Cudd
401
Contributors
421
Index
423
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About the author (2017)

Eugene Heath is professor of philosophy at the State University of New York, New Paltz. He is the author or coeditor of several books, including Morality and the Market and Adam Ferguson. Byron Kaldis is academic dean of the School of Humanities and professor of European philosophy at the Hellenic Open University in Greece. He is the author of several books including Holism, Language, and Persons and editor of the Sage Encyclopedia of Philosophy and the Social Sciences.

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