The ballooning regulatory state and the moral sanction by business

All taxpayers are suffering under the increasing regulatory and tax burden, as governments in many countries are trying to cope with sagging economies (that...

Is capitalism dead? Why should you care?

Capitalism has been under attack ever since the Industrial Revolution, which, backed with the Enlightenment ideas of freedom and individual rights, made unprecedented wealth...

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...

More reason and freedom in 2020

Reason and freedom are the fundamental requirements of long-term success in business and of human flourishing; our ability to thrive rests on them both....

How capitalism helps everyone flourish

In my business ethics course we always discuss the social context of business, particularly the implications of different social systems: the prevailing mixed economy,...

Let’s thank producers

At best, business is dismissed as amoral. Or at worst, it is accused for being fundamentally immoral. Many people disdain business as the realm...

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...

Capitalism: The pro-human social system

Capitalism is the favorite whipping boy of the leftists (such as the Democratic presidential candidates Elizabeth Warren and Bernie Sanders). It gets blamed for...

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...

Is Google too big and powerful?

In a recent post, Google, Groupthink & the Media, Donna Laframboise writes: “Google is the kind of multinational tech giant that may be too...

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...