Can a Corporation Have a Conscience?
The Socratic Method used by Martin Parker and Gordon Pearson, does not construct any conclusive position about capitalism. According to two scholars, businesses and corporations cannot have a conscience. Capitalism has the potential to produce much disgruntlement in every society. The article explains why citizens will never feed on idealism. This explains why the government should use appropriate adjustments and regulations to regulate these corporations.
These regulations can safeguard the rights of every individual in society. This practice is compulsory because capitalism cannot have a conscience. This approach will reduce the inequity associated with capitalism and wealth distribution. This debate explains why many societies can accept capitalism.
Can a corporation be a good citizen of capitalism?
Martin explains why human beings should have a world dominated by small artisanship. According to the scholar, every society can establish new organizations that require minimal capital to operate. These corporations will address the interests and expectations of every citizen. Gordon disproves this utopian notion because it might result in inequality. The article explains how corporations can become good citizens under capitalism. The important thing is to understand how capitalism works. This knowledge will help theorists establish the best relationship between corporations and human beings.
Governments and societies can use legal frameworks to regulate these corporations. These legal frameworks will minimize the negativities associated with capitalism. The practice will also reduce the inequity associated with wealth distribution. The approach will ensure every corporation acts ethically by protecting the rights of its employees. Every organization will take care of its surrounding environment. According to these two debaters, capitalism is applicable in many societies or countries. The article also explains why capitalism might be imperfect. The relevant authorities should use legal readjustments to ensure these corporations become good citizens under capitalism.
How the readings help me understand business ethics
These class materials offer detailed ideas about business ethics. The readings explain why every business environment is associated with various ethical and moral challenges. Many organizations act unethically and immorally in order to maximize their profits. The readings have widened my understanding of business ethics because it is a critical issue under capitalism. This explains why business regulations and codes of ethics are critical to better organizational practices. The government and other regulatory agencies should use the best regulations to control business behaviours. This practice will promote sustainability and economic development.
Presentation Points
Can a Corporation Have a Conscience?
- Corporations cannot have a conscience.
- This is true because capitalism has the potential to produce many discontents.
- Regulations can make capitalism useful.
- Regulations can reduce the inequities associated with capitalism and wealth distribution.
Can a corporation be a good citizen of capitalism?
- Corporations can become good citizens under capitalism.
- Governments and societies can use laws to regulate these corporations.
- Legal adjustments and frameworks can reduce the negativities of capitalism.
- Every corporation should act ethically by protecting the rights of its employees.
- Every organization should take care of its surrounding environment.
How the readings help me understand business ethics
- Every business environment has its moral challenges.
- Business organizations should act unethically in order to maximize their profits.
- The readings explain why businesses act unethically at the expense of their customers and the surrounding environments.
- Business regulations and codes of ethics are critical to better organizational practices.
- The government should use the best policies and regulations to control the behaviours of business organizations.