Why business and force don’t mix

My recent post on the Pope’s misguided accusation of business for exploiting workers has received some reactions that indicate a misunderstanding of the role...

Defending oil pipelines: Why pursuing ‘social license’ is futile

Environmentalists, led by New York-based Natural Resources Defense Council (NRDC), have launched a campaign against the TransCanada Corp.’s proposed Energy East pipeline. Energy East...

Government, business, and human flourishing

In a recent conversation about the U.S. presidential election, a well-educated, high-earning professional told me that he had been rooting for Bernie Sanders for...

Another fallacy about capitalism: Coercive monopolies

I recently attended a talk about innovation by a well-known former CEO of a successful Canadian company. His remarks were mostly sensible at first:...

The paradox of capitalism

Why is capitalism not appreciated? This is the theme of Peter Foster’s new book: Why we bite the invisible hand: The psychology of anti-capitalism....

What is an “unfair” competitive advantage?

Having not read newspapers for the duration of a two-week vacation (the reason for no posts), I eased myself back with the Wall Street...

Business is a moral endeavor

When I tell people that I teach business ethics, I am often told that it is an oxymoron because business cannot be moral. That...

Why net neutrality is bad

The Federal Communications Commission (FCC) has repealed President Obama’s net neutrality regulations from 2015. Good for FCC. I’m not a fan of it, or...

Corporate leaders: seekers of climate change salvation?

Bank of England Governor Mark Carney has predicted that climate change will lead to a financial catastrophe—unless corporate leaders start taking the risks of...

How mistaken moral views explain bad economics

Morality poses the question: For what purpose should I live and how? Economics studies how to organize production and trade of goods and services...

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...

Why do we fear capitalism?

My MBA students have been discussing alternative social systems as context of business in my business ethics class. While most see the value of...