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Honorable Business: A Framework for Business in a Just and Humane Society by [James R. Otteson]

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James R. Otteson

Honorable Business: A Framework for Business in a Just and Humane Society Kindle Edition

by James R. Otteson (Author) Format: Kindle Edition

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Business has a bad name for many people. It is easy to point to unethical and damaging behavior by companies. And it may seem straightforward to blame either indivuduals or, more generally, ruthless markets and amoral commercial society.
In Honorable Business, James R. Otteson argues that business activity can be valuable in itself. The primary purpose of honorable businesses is to create value-for all parties. They look for mutually voluntary and mutually beneficial transactions, so that all sides of any exchange benefit, leading to increasing prosperity not just for one person or for one group at the expense of others but simultaneously for everyone involved. Done correctly, honorable business is a positive-sum activity that can enable flourishing for individuals and prosperity for society.
Otteson connects honorable business with the political, economic, and cultural institutions that contribute to a just and humane society. He builds on Aristotle's conception of human beings as purposive creatures who are capable of constructing a plan for their lives that gives them a chance of achieving the highest good for humanity, focusing on autonomy and accountability, as well as good moral judgment. This good judgment can enable us to answer the why of what we do, not just the how. He also draws on Adam Smith's moral philosophy and political economy, and argues that Smithian institutions have played a significant role in the remarkable increase in worldwide prosperity we have seen over the last two hundred years. Otteson offers a pragmatic Code of Business Ethics, linked to a specific conception of professionalism, and defends this Code on the basis of a moral mandate to use one's limited resources of time, talent, and treasure to provide value for oneself only by simultaneously providing value to others. The result is well-articulated parameters within which business can be an acceptable-perhaps even praiseworthy-activity.

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"Honorable Business will be a valuable resource for teachers,students, and scholars of business ethics and politicaleconomy for years to come." -- Gregory J. Robson, Journal of Business Ethics

--This text refers to the paperback edition.

About the Author

James R. Otteson is Professor of Economics and Thomas W. Smith Presidential Chair in Business Ethics at Wake Forest University. He specializes in political economy, business ethics, the history of economic thought, and political philosophy, and he is author of Adam Smith's Marketplace of Life
(2002), Actual Ethics (2006), and The End of Socialism (2014).
--This text refers to the paperback edition.

Product details

ASIN ‏ : ‎ B07LFKMBXD
Publisher ‏ : ‎ Oxford University Press (January 30, 2019)
Publication date ‏ : ‎ January 30, 2019
Language ‏ : ‎ English
File size ‏ : ‎ 971 KB
Text-to-Speech ‏ : ‎ Enabled
Screen Reader ‏ : ‎ Supported
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Not Enabled
Word Wise ‏ : ‎ Enabled
Sticky notes ‏ : ‎ On Kindle Scribe
Print length ‏ : ‎ 248 pages
Page numbers source ISBN ‏ : ‎ 0190914211

Best Sellers Rank: #1,138,651 in Kindle Store (See Top 100 in Kindle Store)
- #269 in Sustainable Development Economics
- #604 in Business Ethics (Kindle Store)
- #704 in Sustainable Business Development

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James R. Otteson

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James R. Otteson is the John T. Ryan Jr. Professor of Business Ethics in the Mendoza College of Business at the University of Notre Dame. He received his BA from Notre Dame and a PhD from the University of Chicago. His published work focuses on Adam Smith, eighteenth-century moral and political thought, liberalism, political economy, and business ethics.

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