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Ethics Minor AO

Lecture 2

Bart Wernaart

on 15 September 2014

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Transcript of Ethics Minor AO

The business of business
is business
Friedman vs Stakeholders-view
Friedman vs Stakeholders view
Corporate Social Responsibility
- Combination of individuals in structural decision making procedures
- Company values
In addition:
- Privatizing
- Globalization
- Demand society?
Mr. Dr. B.F.W. Wernaart
Vol. 2.
Factors regarding ability

Ethics Minor AO
What is a corporation?

Three arguments:
- Company is not human
- Managers have responsibility towards stakeholders
- Social problems are problem of the State
Compare Egoism and Adam Smith
In defense of Friedman:
Egoism applied to companies:
- More profit due to happy customers/ employees
- More freedom: keep Legislature away
- Long term goals for society are long term benefits for company
The book is a bit hectic on the matter
Factors regarding the ability
Factors regarding the scope
Positive vs negative freedom
Factors regarding scope
Thank you
Full transcript