Reconciling Economics and Ethics in Business Ethics Education: The Case of Objectivism

Eric B. Dent · John A. Parnell

5 citations0/0 files storedThe Journal of Ayn Rand Studies

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Ethics in Business and Education Management and Marketing Education Society, Economy, and Ethics Research

Abstract

Abstract Today, capitalism is in question, as the 2013 Academy of Management conference theme claimed. Many view business skeptically because they see capitalism as incompatible with ethics. The same problem pervades the business ethics education classroom. Business ethics can be taught in a way that demonstrates that economics and ethics are compatible and are integrated most directly in the function of management. This essay provides an overview of Ayn Rand’s philosophy as an alternative to current conventions but largely consistent with approaches such as virtue ethics and conscious capitalism. The essay concludes with challenges to teaching Objectivism in business schools.

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References

1997Capitalism, Socialism and Democracy 1936The General Theory of Employment, Interest and Money.2007The Social Responsibility of Business Is to Increase Its Profits 2010Capitalism, Socialism and Democracy 1936The General Theory of Employment, Interest and Money, by John Maynard Keynes 1958Justice as Fairness 2018The General Theory of Employment, Interest, and Money 1996The Sources of Normativity

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