Is there Such a Thing as a Good Profit? Taking Conventional Ethics Seriously

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Journal Title
Journal ISSN
Volume Title
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
Date
2021-09
Major/Subject
Mcode
Degree programme
Language
en
Pages
27
Series
PHILOSOPHIA
Abstract
This paper will show that if we take conventional ethics seriously, then there is no moral justification for business profits. To show this, we explore three conventional ethical theories, namely Christian ethics, Kantian ethics and Utilitarian ethics. Since they essentially reject self-interest, they also reject the essence of business: the profit motive. To illustrate the relationship, we will concretize how the anti-egoist perspective expresses itself in business and business ethics. In business, we look at what many businesses regard as proof of their virtue. In business ethics, we look at what many business ethicists say about the relationship between morality and self-interest and, thus, the profit motive. Ultimately, we will argue that conventional ethics can, at most, only justify the means of business (i.e., aspects of running a business), but not the end of business (i.e., profits).
Description
Keywords
Business ethics, Conventional ethics, The ethics of self-sacrifice, Morality of business, The profit motive
Other note
Citation
Svanberg , M K & Svanberg , C F C 2021 , ' Is there Such a Thing as a Good Profit? Taking Conventional Ethics Seriously ' , PHILOSOPHIA , vol. 49 , no. 4 , pp. 1725-1751 . https://doi.org/10.1007/s11406-020-00310-6