Why businesspeople need moral principles

I recently received feedback from the students in my MBA business ethics course earlier this year. While a number of them were enthusiastic in...

Banks to stop financing fossil fuel development: Sound investment decisions vs. virtue signaling?

HSBC is the latest European bank (and Europe’s largest) to join the fight against climate change, announcing recently that it will no longer finance...

Should we boycott gun manufacturers?

Every time there is a mass shooting, such as at a Parkland, Florida high school recently, people want to do something tangible to prevent...

“Under capitalism, who would regulate us?”

"Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.” –Ayn Rand To...

Why isn’t there more rational selfishness?

I am teaching business ethics to a class of MBA students. The course covers the main alternative moral codes:altruism—the most widely adopted code...

The moral purpose of business: Larry Fink vs. T.J. Rodgers

Larry Fink, CEO of one of the largest investment management firms in the world, BlackRock, has sent a letter to all S&P 500 CEOs,...

Are there right answers in ethics?

Ethics education is blossoming in business schools (see a Financial Post article). Yet, the scandals don’t seem to go away: corruption at Canadian construction...

Why are businesses not gearing up for the post-carbon economy?

Governments’ are making great efforts—such as banning oil pipelines and subsidizing unprofitable “green” technologies to avert man-made climate change—to help businesses move to the...

Why is there racism in business?

A recent trip to the Southern United States made me aware of a sad truth: racism is live and well, decades after racial segregation...

Exploitation vs. trade: Win-lose or win-win?

A well-educated, intelligent acquaintance was telling me how the quality of care at a privatized, formerly government-run hospital had immediately declined after it was...

Robbing from the rich in order to give to the poor: immoral and impractical

Last week the mayor of a Spanish town in Andalusia was orchestrating raids to local supermarkets for the purpose of stealing food to feed...

Ethics of energy

Energy companies, particularly those producing fossil fuels—oil, natural gas, coal—are under attack by the environmentalists and their sympathizers in the media. It is one...