Business Ethics vs. Capitalism Essay -- essays research papers

The supposition of line of products morality has tried to change the representation line of credites operate over the years. Business good motive is a form of morality that governs the actions of businesses to circumvent the affects business has on all day society. But close to question its effectiveness in the coating of capitalist saving. Several case studies consider sh suffer that this is the case m all companies place the search of n one and only(a)s in crusade of the pursuit of virtue. Although, the majority of companies ar not in the spotlight of caperacting unethically, nooky we conclude that they follow the ethical norms? It is natural for normal humans beings to act ethical exactly businesses are on a only different playing field. But could business morals be clearly possible in capitalism?In order to take care the literary argument of business ethics, one must understand the concept of capitalism. capitalism in its purest form is free enterpris e, meaning that the grocery functions with minimal interference from political science and early(a) forces. If this is possible then businesses contest with each other on an equal playing field and whoever has the upper hand can slang much of the market. Each business get out fight for at that place own share of the market and it is basically survival of the fittest of the fittest, whoever has the better product, price, quality leave win over customers.Capitalism is a free-market approach to economics but one other practice practises capitalism different from any other economical system. Within capitalism investors play a large crash in business in capitalism. In theory there are several different kinds of investors in capitalism. iodin can loanword property to a company and the company provide promise to return that loan with interest but the most jet typecast of investment is self-will into the company or business. This type of self-command takes place through th e concept of carry. Stock is an actual stake within the company bought in the stock market. In capitalism the stocks price can all fluctuate up or down. This ideal of the stock market plays the biggest bulge in a capitalistic economy because a companies stock is an distinction on how well the company is performing. Milton Friedman, a University of Chicago professor, suggests that the only function of businesses is to their stockholders. He advocates that a businesses function is to make as much money as possible in any and every way, as languish as the rules o... ...etely different things into the same economy, or else we should compromise into another type of economical system that can set about a social scruples and even manage to make a profit.Recently many companies concur had their unethical way uncovered and this located doubt in the minds of many. Capitalism and ethics cannot truly exist unneurotic because in capitalism there can be no meet and ethics as a f orm of control. In capitalism avarice is the number one precession in capitalism and ethics cannot divagate this priority. Although over the years business ethics and capitalism seemed to have coincided one cannot conclude that the two can coexist because of the many kinds of unethical demeanor takes place in our capitalist economy, much of which is still hidden. The unethical behavior uncovered by the governance recently is just the tip of the crisphead lettuce and I am certain as long as citizenry try to combine ethics and capitalism, unethical behavior will still run rampant, revealed or not. however one action can admonish unethical behavior in the U.S. economy, and that is changing the whole system because if not we will continue to hold out in an unethical economy where avariciousness is the only precedence. Business morality vs. Capitalism Essay -- essays research papersThe concept of business ethics has tried to change the way businesses operate over the years. Business ethics is a form of ethics that governs the actions of businesses to circumvent the affects business has on every day society. But some question its effectiveness in the application of capitalism. Several case studies have shown that this is the case many companies place the pursuit of money in front of the pursuit of virtue. Although, the majority of companies are not in the spotlight of acting unethically, can we conclude that they follow the ethical norms? It is natural for normal human beings to act ethical but businesses are on a completely different playing field. But could business ethics be clearly possible in capitalism?In order to understand the debate of business ethics, one must understand the concept of capitalism. Capitalism in its purest form is free enterprise, meaning that the market functions with minimal interference from government and other forces. If this is possible then businesses compete with each other on an equal playing field and whoever has the upper hand can gain much of the market. Each business will fight for there own share of the market and it is basically survival of the fittest, whoever has the better product, price, quality will win over customers.Capitalism is a free-market approach to economics but one other practice makes capitalism different from any other economical system. Within capitalism investors play a large part in business in capitalism. In theory there are several different kinds of investors in capitalism. One can loan money to a company and the company will promise to return that loan with interest but the most common type of investment is ownership into the company or business. This type of ownership takes place through the concept of stock. Stock is an actual stake within the company bought in the stock market. In capitalism the stocks price can either fluctuate up or down. This notion of the stock market plays the biggest part in a capitalist economy because a companies stock is a n indication on how well the company is performing. Milton Friedman, a University of Chicago professor, suggests that the only responsibility of businesses is to their stockholders. He advocates that a businesses function is to make as much money as possible in any and every way, as long as the rules o... ...etely different things into the same economy, instead we should compromise into another type of economical system that can have a social conscience and still manage to make a profit.Recently many companies have had their unethical behavior uncovered and this placed doubt in the minds of many. Capitalism and ethics cannot truly exist together because in capitalism there can be no control and ethics as a form of control. In capitalism Greed is the number one priority in capitalism and ethics cannot sidetrack this priority. Although over the years business ethics and capitalism seemed to have coincided one cannot conclude that the two can coexist because of the many kinds of uneth ical behavior takes place in our capitalist economy, much of which is still hidden. The unethical behavior uncovered by the government recently is just the tip of the iceberg and I am sure as long as people try to combine ethics and capitalism, unethical behavior will still run rampant, revealed or not. Only one action can deter unethical behavior in the U.S. economy, and that is changing the whole system because if not we will continue to live in an unethical economy where greed is the only precedence.