Business And Religion: A Clash of Civilizations? by Nicholas Capaldi

By Nicholas Capaldi

Because the overdue Nineteen Sixties American tradition has been focused on a fight to articulate an efficient company ethics. The scandals of Enron and WorldCom represent egregious examples of the absence or deficiency of moral decision-making in concerns of trade. the aim of this quantity is to inaugurate a discussion at the universal parts of all 3 Abrahamic traditions - Christianity, Islam, and Judaism - that contact on moral matters in enterprise. With greater than forty students, non secular and company leaders becoming a member of the talk, this anthology is the start of a reconstruction of the certainty of the connection among faith and trade.

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Understandably, the media and our lawmakers have focused their attention on the most immediate fallout of corporate crime. Enormous wealth has been stripped from millions of Americans because of misdeeds and misinformation; investors no longer know who or what to believe. And the careers of thousands of ethical people at companies like WorldCom and Arthur Anderson have been shattered because of moral failures of a few of their colleagues who abandoned fundamental standards of business conduct. As terrible as these results are, more significant damage has been done to our country by illegal and unethical acts.

As terrible as these results are, more significant damage has been done to our country by illegal and unethical acts. For at the core of American citizenship we find the same virtues inherent in commercial life. Indeed, businesses are the nation’s de facto classrooms of citizenship. Across history, the only free societies have been commercial societies. Every day, the work of private enterprise helps create and sustain the environment in which a democratic republic like ours can flourish. While private enterprise doesn’t guarantee freedom, it is vital to its establishment and sustenance.

How the creative capacities are exercised will, of course, be subject to moral evaluation. Just as in medicine it is generally morally praiseworthy to pursue health, those who do this professionally should also do it ethically—ergo the field of medical ethics. The same is true of other professions that are morally unobjectionable. So there is a twofold moral issue afoot here: first, the moral standing of the profession and, second, whether the conduct of those who practice it is ethical. This is the same with the profession of business.

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