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Ethics

By | Feb. 2013
Page 1 of 3
Ethics and Business
Yunfeng Zhao
California State Polytechnic University, Pomona

Ethics and Business Overview
A genetically modified organism (GMO) is an organism which been using genetic engineering techniques, and Monsanto is a publicly agricultural biotechnology company. Monsanto has a huge influence on GMO products. Unfortunately, Monsanto is not a great company because they produce harmful products and lie to their customers. Absolutely, Monsanto didn’t do the illegal things, but they didn’t obey the ethics. As seen in the video, I would like to discuss Contemporary Consequentialism which depend on justice, Kantian Ethics which as a form of deontological ethics and Social Contract Theory which depend on law to discuss Monsanto’s case. GMO products sounds like good for our health and economy, but some companies like Monsanto don’t do well. Contemporary Consequentialism

Contemporary consequentialism is the class of normative ethical theories which justice takes an important role. As its name suggests, Consequentialism is the view depend only on consequences. Justice contains distributive justice and retributive justice (Driver P61). Justice concern the distribution of benefits is called distributive justice, such as taxation and health care. Justice concern the distribution of rewards and punishments is called retributive justice, such as good citizen’s awards and prison terms. The theory “determining whether or not an action is right are the consequences produced by that action” (Driver, 2007, p.40) did not lead to positive consequences for the Monsanto company. The Food and Drug Administration (FDA) also lied about their founding in 1992. Since 1992, 37 people died and thousands more were seriously ill after eating one of the GMO foods made by Monsanto. This is not only...
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