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This chapter explores the concept of “just sustainability”. The notions of “sustainability” and “social justice” share the common agenda of conservation of nature. As per the Brundtland report, sustainability is conceived as a test of... more
This chapter explores the concept of “just sustainability”. The notions of “sustainability” and “social justice” share the common agenda of conservation of nature. As per the Brundtland report, sustainability is conceived as a test of humanity’s ability to meet “the needs of the present without compromising the ability of future generations to meet their own needs”. However, there are different paradigms of sustainability in the literature, namely the “green” or environmental agenda and the “social justice” focused “brown” or poverty reduction agenda. While the more immediate focus of social justice and/or environmental justice (both social justice and environmental justice focus on distributive conceptions of justice: human security issues related to justice, equity, human rights, and poverty reduction, and so on) is intragenerational, the more pressing focus of sustainability is intergenerational. The agendas of “social justice” and “sustainability” thus seem to be conflicting. In...
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Social contract model though originally envisioned for justifying state control over citizens is being recently explored as a model of morality, especially morality in business. It stands merit over other moral theories primarily because... more
Social contract model though originally envisioned for justifying state control over citizens is being recently explored as a model of morality, especially morality in business. It stands merit over other moral theories primarily because it ensures consent of all rational participants. So the process of moral reasoning is democratic and takes into account the pre contract discord in our " original state of existence " and aims to provide a solution for the existing conditions of dissension and disparity. The authors think that Integrative Social Contracts Theory (ISCT), an emerging theory, has the promising potential to deal with many of the ethical questions of not only artifactual institution of business, but also issues in the wider areas of our socio-political living, namely public policy. The emphasis on extant contracts of relevant community, and the test of the authenticity and legitimacy of the community norms that are the outcome of these extant contracts, are uni...
ABSTRACT In this paper the authors employ the Aristotelian virtue ethics framework of character development and habitual cultivation of courage to analyse the character of Santiago, the protagonist of Ernest Hemingway’s novel The Old and... more
ABSTRACT In this paper the authors employ the Aristotelian virtue ethics framework of character development and habitual cultivation of courage to analyse the character of Santiago, the protagonist of Ernest Hemingway’s novel The Old and the Sea. This analysis is an attempt to reposition Santiago as a character who exhibits unflinching adherence to his vocational code of ethics in the execution of his work and demonstrates noble courage in battling adversities of his life and career. It is in his capacity as a professional (fisherman) that he can become relevant to the modern day business managers presenting to him the Aristotelian treatise of practical wisdom, virtue and courage through his character architecture and consummate craftsmanship.
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Corporate social responsibility means that the corporation is morally accountable to society at large for its actions, policies and decisions in as much as these activities affect the society at large, directly or indirectly. On this... more
Corporate social responsibility means that the corporation is morally accountable to society at large for its actions, policies and decisions in as much as these activities affect the society at large, directly or indirectly. On this question, there has been two major approaches that run contrary to one another. One is known as "stockholder" view, which professes that the sole aim and obligation of a corporation is to make profit (or as much money as possible) solely for the benefit for the stockholders. The second view is called stakeholder view, which advocates the extension of the scope of responsibility to the interest of all those non-fiduciary parties who have some/ any kind of a stake in the organization. The stakeholder of the organization is defined as any one who can "affect and get affected" by the activities of the organization. Though the latter has gained currency over the years, it still faces certain intractable problems of clearly mapping the dom...
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This paper argues that business ethics would enhance its relevance if it is ceases to be a moralizing discourse and instead becomes a mediating discourse between conflicting and multiple interests. Yet business ethics can be relevant as a... more
This paper argues that business ethics would enhance its relevance if it is ceases to be a moralizing discourse and instead becomes a mediating discourse between conflicting and multiple interests. Yet business ethics can be relevant as a mediating discourse only if it acknowledges the “embedded” nature of market. To clarify this point, the paper draws from Freeman’s theory of narrative cores, Rehg’s Problem-based Approach and De George’s vision of business ethics as an interdisciplinary field composed of descriptive, managerial and normative components. Finally, we argue for the relevance of the case study, whose juxtaposition of “bi-polar” or irreconcilable dichotomies makes it a vital pedagogical tool for our proposed reconfiguration of business ethics as an interdisciplinary, mediating field of enquiry.