JOHN KAY, Etica y Filosofía de la empresa, para Filosofía de 1º bachillerato LOMCE

Contrafundamentalismo tecnológico

Being ethical in business is not as simple as ‘doing the right thing’

“Honesty is the best policy, but he who is governed by that maxim is not an honest man.” Richard Whately, Archbishop of Dublin, was a 19th-century theologian, but his observation is very relevant to a modern debate about the nature of business ethics.

The Co-operative Bank has just announced a restructuring that wipes out the value of existing equity. Over many years, the message of the bank’s advertising has been its aspiration to higher standards of ethical conduct than its competitors. The devil’s advocates might seize on the bank’s financial problems as evidence that honesty does not pay, but that is not what happened here: the Co-op Bank failed for the usual reasons banks and businesses fail – bad lending on commercial property and the misguided acquisition…

View original post 583 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: