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Essays on immanuel kant deontology
Kants deontological approach
Essays on immanuel kant deontology
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Although Friedman never in the article uses the term “autonomy” in the article, it is clear that the act of an executive using corporate assets to contribute to social policies violates shareholders’ autonomy. In Kant’s Deontology, this would imply that the shareholders’ are being used as means to the end of a social good, which is a violation of the second formulation of the categorical imperative (Johnson, 2004). This is something that I concede to, but one of the primary issues that I have with the article stems from Friedman’s definition of those who are concerned with the actions of a business. According to Friedman, those who have primary interest in the corporation are solely its shareholders, none others (Marcoux, 2008). It makes sense …show more content…
Friedman appears to believe that morality exists solely in the individual, and is not collective, saying “What does it mean that “business” has responsibilities? Only people responsibilities.” Friedman emphasizes that the individuals who form the group are fundamentally distinct from the group that they form. This is true, however it certainly does not disconnect the group from any sort of ethical consideration, as Friedman implies. Although in law corporations are distinct entities, it is incoherent to say that the moral character of individuals is somehow dissolved when they interact together to form groups. If persons A, B, and C all decide that they will increase their group’s profits if they rob a Walgreens, Friedman implies there is very important difference between making ethical judgements on the set of persons {A,B,C}, and making separate but essentially equivalent ethical judgments person A, then person B, and then person C. Friedman reasoning implies that the group {A, B, C} is somehow absolved from “social responsibilities” since its sole purpose was to rob a Walgreens for profit, and it carried out its sole purpose. Friedman would say that individuals {A}, then {B}, and then {C} are the ones who have ethical character, and it only of each individual that we can make ethical judgements. Although it is …show more content…
Although it does illustrate the reality of the corporate machine very well, it attempts to absolve any sort of social or ethical character on businesses. This promotes unethical behavior in both Kant’s Deontology and Act Utilitarianism, as well as not satisfying principles of social justice and autonomy, and further justifying violations of non-maleficence. As well, Friedman’s attempt to separate the corporate entity from those who compose is unnecessary and troublesome for perfectly valid ethical analysis. Those who are a part of the company may disagree on whatever the ethical course for profits may be, but that does not mean that social responsibility of a business should be abandoned completely, as it is composed of individuals with ethical faculties. Corporations are thus moral agents, and do in-fact have social
It's difficult not to be cynical about how “big business” treats the subject of ethics in today's world. In many corporations, where the only important value is the bottom line, most executives merely give lip service to living and operating their corporations ethically.
Philosophy is one’s oxygen. Its ubiquitous presence is continuously breathed in and vital to survival, yet its existence often goes unnoticed or is completely forgotten. Prussian philosopher Immanuel Kant was one of the many trees depositing this indispensable system of beliefs into the air. Philosophy is present in all aspects of society, no matter how prominent it may be. As Kant was a product of the Scientific Revolution in Europe, the use of reason was an underlying component in the entirety of his ideas. One of his main principles was that most human knowledge is derived from experience, but one also may rely on instinct to know about something before experiencing it. He also stated that an action is considered moral based on the motive behind it, not the action itself. Kant strongly believed that reason should dictate goodness and badness (McKay, 537). His philosophies are just as present in works of fiction as they are in reality. This is exemplified by Lord of the Flies, a fiction novel written by William Golding. The novel strongly focuses on the origins of evil, as well as ethics, specifically man’s treatment of animals and those around him. Kant’s philosophy is embedded in the thoughts and actions of Piggy, Ralph, Jack, and Simon throughout the novel. Kant’s beliefs also slither into “Snake,” a poem by D.H. Lawrence, focusing on the tainting of the pure human mind by societal pressures and injustices. Overall, both the poet in “Snake” and Piggy, Ralph, Jack, and Simon in Lord of the Flies showcase Immanuel Kant’s theories on ethics, reasoning, and nature.
Many organizations have been destroyed or heavily damaged financially and took a hit in terms of reputation, for example, Enron. The word Ethics is derived from a Greek word called Ethos, meaning “The character or values particular to a specific person, people, culture or movement” (The American Heritage Dictionary, 2007, p. 295). Ethics has always played and will continue to play a huge role within the corporate world. Ethics is one of the important topics that are debated at lengths without reaching a conclusion, since there isn’t a right or wrong answer. It’s basically depends on how each individual perceives a particular situation. Over the past few years we have seen very poor unethical business practices by companies like Enron, which has affected many stakeholders. Poor unethical practices affect the society in many ways; employees lose their job, investors lose their money, and the country’s economy gets affected. This leads to people start losing confidence in the economy and the organizations that are being run by the so-called “educated” top executives that had one goal in their minds, personal gain. When Enron entered the scene in the mid-1980s, it was little more than a stodgy energy distribution system. Ten years later, it was a multi-billion dollar corporation, considered the poster child of the “new economy” for its willingness to use technology and the Internet in managing energy. Fifteen years later, the company is filing for bankruptcy on the heels of a massive financial collapse, likely the largest in corporate America’s history. As this paper is being written, the scope of Enron collapse is still being researched, poked and prodded. It will take years to determine what, exactly; the impact of the demise of this energy giant will be both on the industry and the
First thing let us start with a little overview of what Milton Friedman exposed in his article. It seems that the whole point of his essay revolves around one basic statement which clearly says that the only social responsibility of business is to use its resources and engage in activities designed to increase its profits so long it stays within the rules of the game (Milton Friedman, the social responsibility of business is to increase profit).
Gallagher, S. A. 2005. Strategic response to Friedman’s critique of business ethics. Journal of Business Strategy, 26(6), 55-60.
According with the textbook and other internet sources, Milton Friedman described in his thesis that the main goal of a business is to generate gains or profits. As a result, several business have been using such thesis as a justification for some of the decisions they made. In the case of “A Civil Action” we had the two companies contaminating the little town water with chemicals used during the elaboration of their products. The use of trichloroethylene was apparently causing some of the children of the place to developed respiratory and other cancerous diseases such as leukemia. After the death of several children, people on town began to worry about the situation and everything pointed out ...
The term “ethical business” is seen, by many people, as an oxymoron. This is because a business’s main objective is to make as much money as possible. Making the most money possible, however, can often lead to unethical actions. Companies like Enron, WorldCom, and Satyam have been the posterchildren for how corporations’ greed lead to unethical practices. In recent times however, companies have been accused of being unethical based on, not how they manage their finances, but on how they treat the society that they operate in. People have started to realize that the damage companies have been doing to the world around them is more impactful and far worse than any financial fraud that these companies might be engaging in. Events like the BP oil
Friedman, M. (1970). The Social Responsibility of Business is to make Profit. New York Times
Milton Friedman presents a compelling argument in “The Social Responsibility of Business is to Increase Profits” by arguing that businesses need to focus only on increasing their profits and integrating social responsibility will only hurt them as a company. Since “only people can have responsibilities” (Friedman 52), Friedman argues that businesses as a whole do not have any type of real responsibilities because there is not a singular person for these responsibilities to fall on. Corporate executives are people as well and may feel they have social responsibilities to society but these “are the social responsibilities of individuals, not of business” (51). In terms of corporations, the businessmen are the ones that hold the responsibility of the company. Friedman argues that the only responsibility these managers hold is to those who own the corporation, the shareholders. If the individuals themselves want to contribute to social responsibility they must do it with their own money in their personal lives, but they should not use social responsibility in
In the late eighteenth century, with the publication of his theories on morality, Immanuel Kant revolutionized philosophy in a way that greatly impacted the decades of thinkers after him. The result of his influence led to perceptions and interpretations of his ideas reflected in the works of writers all around the world. Kant’s idealism stems from a claim that moral law, a set of innate rules within each individual, gives people the ability to reason, and it is through this that people attain truth. These innate rules exist in the form of maxims: statements that hold a general truth. Using this, Kant concluded with the idea of autonomy, in which all rational human wills are autonomous, each individual is bound by their own will and in an ideal society, people should operate only according to their reason. Influenced by Kant’s ideas, an american writer by the name of Ralph Waldo Emerson wrote his own call to individual morality through an essay on Self-Reliance. In “Self-Reliance”, Emerson tells individuals to trust in their own judgments, act only according to their own wills, and to use their own judgment to determine what is right. Emerson’s Self-Reliance and Kant’s autonomy differ to the extent of where reason comes from. However, they agree on its purpose in dictating the individual’s judgment and actions. As a result, Autonomy and Self-Reliance have essentially the same message. Both Kant and Emerson agree that the individual should trust only their own reason, that they are bound only by their own free will, and that the actions of an individual should be governed by reason.
The article “The Social Responsibility of Business is to Increase its Profits” is written by a famous economist Milton Friedman. Friedman in this article implies that shareholders are the main drivers of the corporations and he believes that it is to them corporations must be socially responsible to. The goal of any corporation is to maximize profits and return the portion of these profits to shareholders for investing in the corporation. The shareholders can themselves decide which social causes to take part in rather than assigning a corporate executive to decide on their behalf. Friedman argues that a corporation must have no social responsibility to society because its only concern is the increase profits for itself and its shareholders.
Dahl(1972: 18) “every large corporation should be thought of as a social enterprise: that is an entity whose existence and decisions can be justified insofar as they serve public or social
The first discussion question posed was, “How does Dr. Friedman characterize discussions on the “social responsibilities of business”? Why (Jennings, 2009, p. 79)? Friedman (1970) characterized the discussions on social responsibilities as one hundred percent unadulterated socialism. Friedman (1970) characterized these discussions in that manner because he felt that a corporate executive should focus solely on making profits and not on social aspects. He mentioned how people who conduct and express themselves in this fashion are positively reinforcing and supporting the actions of individuals that have been weakening the foundational blocks of free society. Friedman (1970) posed a question which was the crux of his 1970 article “The Social Responsibility of Business is to Increase its Profits” where he investigated the true contextual meaning of what responsibilities mean to businesses. Friedman describes how businesses cann...
It seems obvious that large corporations have a tendency to ignore the negative effects of their actions in favor of profit. This example, although sensationalized, still says to me that with power comes responsibility. It affirmed my belief that a corporation’s goal cannot be just to provide profit to shareholders, but there must also be an element of social responsibility.
When the problem became serious two main views formed: the “narrow” view and the “broader” view, based on different ideas. The “narrow” view is based on the proposition that corporations have no social responsibility and they have only one main purpose, to make a profit (Friedman, 1970). So corporations should remain socially independent and all conflicts must be solved through the individual responsibility concept. On the contrary the “broader” view states that corporations have social obligations as all existing participants of market, persons and entities are tied together and are mutually dependent. So corporations cannot ignore some serious events or problems, which take place, and must help society, as profit is not their single purpose.