“Shareholder capitalism” and “inclusive capitalism” versus capitalism

In my previous post, I discussed some corporate leaders’ claims that capitalism is dead and their embrace of a “new” corporate purpose: serving all...

Virtuous egoism

You have heard this before: you are either good, or you are selfish. For most people, virtuous egoism is an oxymoron: they don’t think...

Kudos to Uber for resisting the gig work law

California introduced another rights-violating, so-called gig work law (AB5) this year. Its intention is to “protect” gig workers by forcing companies contracting with them...

The Green Reich is encroaching: Banning ‘Le Black Friday’

The Black Friday following the American Thanksgiving has migrated to Europe, where retailers and consumers have embraced it as the big discount day to...

No more altruism! Rejecting the ethics of self-sacrifice

The first part of this post’s title is a quotation from a student in my business ethics class. She had said that to her...

Virtue of pride: policy of doing your best

  Virtue of pride: policy of doing your best According to conventional morality, pride is a sin. According to Aristotle, it is the crown of all...

The crucial need for rational ethics in business

I recently reviewed student comments on the business ethics course I taught this year. They were overwhelmingly positive, which of course is heart-warming to...

Does pursuit of profit cause war?

I recently visited the new premises of my alma mater, Aalto University Business School, in Espoo, Finland. There I picked up an issue of...

Big Oil lobbying for carbon tax: virtue signaling or taking the moral high ground?

Large oil companies have now joined dozens of large corporations to lobby for U.S. carbon tax, Bloomberg recently reported. From the perspective of human...

Free speech, censorship, and Facebook: Why should you care?

My esteem for Facebook CEO Mark Zuckerberg has just dropped significantly. In a recent Washington Post op-ed, he implores the government to regulate “harmful”...

Moral = practical

Recently I heard a colleague tell someone: “Everyone—except the naïve idealists—knows that one cannot be 100% moral in business; success in business requires compromising...

Is Amazon “fleecing the taxpayers”?

In a recent Financial Post column, Lawrence Solomon accused Amazon for “fleecing the taxpayers” through its lobbying for tax breaks and other corporate welfare...