The MPhil in Applied Ethics (specialisation: Business Ethics) is a one year degree consisting of both a structured class component, and a research component. From day one there were concerns for example about security, and about the badly polluted water at the games’ sailing venue. Orts, E.W. & A. Strudler, 2002, The Ethical and Environmental Limits of Stakeholder Theory”, Business Ethics Quarterly, 12(2): 215-233.
It is immediately apparent that culture influences business practices and in effect business management systems. Bad ethics and dishonesty, greed and rudeness do not help a business at all, and the business will collapse when the customers all go elsewhere, or when the whizz kid crookery is found out and punished.
So the fact that Potter got sacked, as director of a research institute, for saying something in public that roused critics, is immediately worrisome to me. I write about business ethics, which pretty often means being critical of businesses. The degree to which this is acceptable or unacceptable to ethics is largely a matter of degree.
This may bear further consideration, but for now, I feel that I’ve exhausted this line of inquiry, and arrived at the conclusion that ethics is not applicable to objects. Most business ethicists would accept that, in most cases, the prices at which products should be sold is a matter for private individuals to decide.
Scherer, A.G. & G. Palazzo, 2007, Toward a Political Conception of Corporate Responsibility: Business and Society Seen from a Habermasian Perspective”, Academy of Management Review, 32(4): 1096-1120. The online Master of Science in Business Ethics and Compliance degree program is structured so that students can tailor their studies to their career aspirations and complete the degree in less than a year and a half.… Read More