Democratic Capitalism and Morality
The first question I need to answer is, is it fair that a movie star makes more in a few weeks verses and teacher in a year. Yes, it is called free will, if we as movie goers stop going and spending the money for the shows, they for sure would not be making that much. It’s just like the sports players. The cost for seats is ridiculous, but yet people will pay the price and therefore, they can make that much.
The movie stars and sports people are business people and therefore give people what they want (Opitz, 622). Many businesses have gained a bad reputation just by being in business. To some people, businesses are interested in making money, and that is the bottom line. It could be called capitalism in its purest form. Making money is not wrong in itself. It is the manner in which some businesses conduct themselves that brings up the question of ethical behavior. In the end, it may be up to the public to make sure that a company adheres to correct business ethics. If the company is making large amounts of money, they may not wish to pay too close attention to their ethical behavior. There are many companies that pride themselves in their correct business ethics, but in this competitive world, they are becoming very few and far between.
As we read about the Enron situation, we realized that they failed on a personal, organizational and systemic level. Did this happen, for example, because the people involved were vicious? Were they greedy? Were they stupid? Were they callous? Were they intemperate? Were they lacking in compassion? Organizational explanations look for causes in group influences. They take seriously the ways that we influence each other when we do things as a group. Finally, systemic explanations look for causes outside the group, for example in the environmental forces that drive or direct groups or individuals to do one thing rather than another (Roberts, 624).
The benefits of capitalism are... [continues]
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