Applying virtue ethics to business: The agent-based approach By: John Dobson It ca be argued that the presence of what are in a slightly old-fashioned terminology called virtues in fact plays a significant role in the operation of the economic system. - Kenneth Arrow Introduction There are two basic approaches to integrating ethics in business: the action-based approach‚ and the agent-based approach. The traditional approach is action-based in that it focusses on developing rules or guidelines to
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criticism of Virtue Ethics is that it doesn’t give clear guidance on how to act in specific circumstances. It cannot tell us what the law should be about abortion‚ euthanasia‚ pre-implantation genetic diagnosis etc. It gives no clear answer to questions such as ’Is the environment intrinsically valuable?’. The lack of moral rules or a method of addressing dilemmas is the main conceren here‚ but there is also uncertainty about how you decide on what the virtues are. Many critics say Virtue Ethics simply
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PHIL310 – Ethics Essay #2 – Theme: Core Ethical Theories The two ‘core’ ethical theories covered in class that I started to assess are the categorical imperative and utilitarianism‚ both of which offer an approach to decision making in the context of social and interpersonal relationships. In this with in depth understanding of both that Kantian ethics is much easily appreciated than the ethics of utilitarianism as Kantian ethics apply to everyone yet both ethical approaches lead to faults.
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Virtue ethics asks What kind of person should I be? What kind of person should I strive to be? I should strive to be virtuous. Thus‚ the notion of virtue becomes fundamental. What is a virtue? A fixed positive character trait that involves various dispositions. For Aristotle morality is about living in accordance with virtue. Every activity has some goal or end and his project here is to figure out what the Good consists in According to Aristotle something is good to the extent that it fulfills
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Aristotle’s Virtue Ethics The philosophy of virtue ethics‚ which primarily deals with the ways in which a person should live‚ has puzzled philosophers from the beginning of time. There are many contrasting interpretations regarding how one should live his or her life in the best way possible. It is in my opinion that the Greeks‚ especially Aristotle‚ have exhibited the most logical explanation of how to live the "good life". The following paper will attempt to offer a detailed understanding of Aristotle’s
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Virtue ethics is relative There are different opinions and views within virtue ethics as to which virtues to follow and‚ more importantly‚ what makes a "Virtuous person" the contrast in opinions demonstrates the relativism of Virtue ethics. The doctrine of the mean does not work in practice It seems perfect in theory but as the statement claims‚ it is difficult to work in practise. The main area of failure is when/ how we know when we’ve gone to either extreme? This judgement amongst subjective
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As explained in the previous texts Aristotle based his views off of how a person ought to live. There is a generic rule of what a human being should find virtuous but also people can have different beliefs on virtues specifically for them. Utilitarianism is act orientated rather than agent orientated. So in this view it describes actions that will get us what we want. Virtue ethics is agent orientated where actions are devised by what we desire while using reason. This reasoning is the action any
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Aristotle had a few theories of ethics. Aristotle believed that one attains happiness by living a virtuous life and through the development of reason and the faculty of theoretical wisdom. He believed that moral virtue is a relative mean between extremes of excess and deficiency and in general the moral life is one of moderation in all things except virtue. He believed that virtuous acts require conscious choice and moral purpose or motivation. Finally‚ he believed that moral virtue cannot be achieved
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ETHICAL THEORIES 1. Utilitarianism The utilitarian ethical theory is founded on the ability to predict the consequences of an action. To a utilitarian‚ the choice that yields the greatest benefit to the most people is the choice that is ethically correct. One benefit of this ethical theory is that the utilitarian can compare similar predicted solutions and use a point system to determine which choice is more beneficial for more people. This point system provides a logical and rationale argument
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In this essay‚ with all the information I have gathered from the readings and lectures‚ I will be discussing an essential concept of Aristotle’s virtue ethics; his “doctrine of the mean”. I will provide a detailed explanation of Aristotle’s mean‚ how it is meant to be applied when making decisions‚ provide arguments from various sources that agree with the main concept of the “doctrine of the mean” and with all of the information gathered‚ I will prove that this doctrine is extremely useful to people
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