Business ethics is an oxymoron

Docs en anglais | 6 pages | 27-06-2008 | Format : | Note : Non noté

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Résumé

The question to determine if Business Ethics can be an oxymoron is very relevant because, firstly, these two areas seem to be very incompatible. Indeed if we have a look to their respective definitions they do not work together first. Succeeding in business is largely about advancing our own private interests, aggressively competing against other people, beating them out for the same prize, and having unlimited ambition for money, position, and power. The moral life, by contrast, focuses on our duties to others, not to hurt anyone (deliberately or accidentally), to place other people's interests ahead of our own when it's called for, and always to treat others with the dignity and respect they deserve. An oxymoron is the juxtaposition of two apparently contradictory words or concepts. The very contradiction that is inherent in Business Ethics is an indication of the challenge that individuals who work for organisations face when they have to take decisions that involve conflicts of interest. Aim of business and ethics are contradictory and incompatible (apparently). Business ethics put values in conflict according to Treviño and Nelson (2007).The global concept of business is fundamentally based on the principle of competition for limited resources. That means the practice of maximising one's gains at the expense of others. The outcome is the creation of a hierarchy of those who have and those who have not. Therefore the aim is « to eliminate » the others in order to obtain more. As said Mielton Friedman: « The social responsibility of business is to increase its profits ». For Albert Carr (1968) (...)

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