The Implicit Morality of the Market and Joseph Heath’s Market Failures Approach to Business Ethics

Cohen, Marc A.; Peterson, Dean

doi:10.1007/s10551-017-3761-6

Cited by 13 publications

(9 citation statements)

References 11 publications

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“…In the former case, it is because the transaction between the monopolist and Specifically, he recognizes that the view is not consequentialist. This is in contrast to 2 Cohen and Peterson (2017) and Steinberg (2017), who all misinterpret the view as consequentialist.…”

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confidence: 82%

Is the “Point” of the  Market Pareto or  Kaldor-Hicks Efficiency?

Joseph¹

2019

Bus Ethics J Rev

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Moriarty argues that the Market Failures Approach (MFA) to business ethics is inapplicable to "real world" problems, because it treats "market failure" as a failure to achieve Pareto efficiency. Depending upon how it is applied, Pareto efficiency is either trivially easy to satisfy or else so demanding that no real-world market could ever satisfy it. In this Commentary, I argue that Moriarty overstates these difficulties. The regulatory structure governing markets is best understood as an attempt to maximize the number of Pareto-improving exchanges that occur. There is no reason to think business self-regulation cannot be guided by the same normative-conceptual framework.

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confidence: 82%

Is the “Point” of the  Market Pareto or  Kaldor-Hicks Efficiency?

Joseph¹

2019

Bus Ethics J Rev

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“…Both Cohen and Peterson (2019) and Steinberg (2017) claim that Heath's position is fundamentally consequentialist in structure. Heath disavows this: his stated aim is to provide "a more rigorous articulation of the central principles that structure the capitalist economy" (2014, p. 91) and more generally the MFA aims to ground business responsibilities in the "powerful ethical resources hiding in plain sight within the 'implicit morality of the market'" (Norman 2014, pp.…”

Section: The Voluntariness Objectionmentioning

confidence: 99%

On the Analogy Between Business and Sport: Towards an Aristotelian Response to The Market Failures Approach to Business Ethics

Sinnicks

2021

J Bus Ethics

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This paper explores the notion that business calls for an adversarial ethic, akin to that of sport. On this view, because of their competitive structure, both sport and business call for behaviours that are contrary to ‘ordinary morality’, and yet are ultimately justified because of the goods they facilitate. I develop three objections to this analogy. Firstly, there is an important qualitative difference between harms risked voluntarily and harms risked involuntarily. Secondly, the goods achieved by adversarial relationships in sport go beyond the function of sport, i.e. to entertain audiences. Thirdly, the most plausible account of the athlete’s motivational development starts with their love of the sport, which can explain a commitment to the sporting ethics in a way that is not paralleled in business. I close by drawing attention to the ways in which an Aristotelian conception of business ethics may be able to accommodate these objections.

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“…Professional formation to support teachers as educators who are effective in motivating for moral development is determined by previous studies [23; 24; 25;]. Moral theory with the ultimate goal of integrating the understanding between morals and character building and expressionof the objects [27]. An art-based approach as a learning destination outside of intracurricular material can be used to implement local policies that cover many aspects of education.…”

Section: Previous Studies Related To the Impact Of Art Education Withmentioning

confidence: 99%

The Future of Art Education: Enhancing Character Values Through Karawitan at Prymary School

Rohmadin¹,

Mulyanto²,

Sulistyo³

2021

Advances in Social Science, Education and Humanities Research

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This study was held to determine the learning process and future set goals of the karawitan as a part of musical arts extracurricular at SD Muhammadiyah 1 Surakarta due to learning objectives and learning materials. Qualitative method was chosen to describe the results of this study using the data on musical arts learning, learning objectives, learning materials, and character value education. The data sources of this research were varied including the headmaster, educators, guardians of students, and documents. Data sorting and selecting were done through structured data results. Data analysis was done through interaction models in order to improve the quality of understanding of deep meanings and data validity by triangulation method of sources. The results of this study were the description of objectives of karawitan as musical arts extracurricular activities. The descriptions were explained in details namely students can understand the names of gamelan instruments and present gamelan music (lancaran) correctly both in terms of gending rules and attitude when practicing karawitan. Students were also determined in knowing the extracurricular learning materials for the art of karawitan, namely Lancaran Wulanging Jagad, Wajibe Dadi Murid, and Lancaran of character value education. This learning fosters an understanding of the character values as becoming a leader, patience, responsibility, tolerance, and nationalism. The character values education were contained in the learning objectives and learning material based on the rules of presenting cakepan (lyrics) in gending karawitan (the musical arts when playing the instruments during the extracurricular).

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The Implicit Morality of the Market and Joseph Heath’s Market Failures Approach to Business Ethics

Cited by 13 publications

References 11 publications

Is the “Point” of the  Market Pareto or  Kaldor-Hicks Efficiency?

Is the “Point” of the  Market Pareto or  Kaldor-Hicks Efficiency?

On the Analogy Between Business and Sport: Towards an Aristotelian Response to The Market Failures Approach to Business Ethics

The Future of Art Education: Enhancing Character Values Through Karawitan at Prymary School

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The Implicit Morality of the Market and Joseph Heath’s Market Failures Approach to Business Ethics

Cited by 13 publications

References 11 publications

Is the “Point” of the Market Pareto or Kaldor-Hicks Efficiency?

Is the “Point” of the Market Pareto or Kaldor-Hicks Efficiency?

On the Analogy Between Business and Sport: Towards an Aristotelian Response to The Market Failures Approach to Business Ethics

The Future of Art Education: Enhancing Character Values Through Karawitan at Prymary School

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Is the “Point” of the  Market Pareto or  Kaldor-Hicks Efficiency?

Is the “Point” of the  Market Pareto or  Kaldor-Hicks Efficiency?