By Peter Ulrich
Integrative financial Ethics is a hugely unique paintings that progresses via a chain of rational and philosophical arguments to handle foundational matters about the dating among ethics and the industry economic climate. instead of accepting industry festival as a motive force of moral behaviour, the writer exhibits that sleek economies have to increase moral rules that consultant marketplace festival, therefore relocating company ethics into the nation-states of political conception and civic rationality. This ebook was once in its fourth version within the unique German in 2008, this English translation of Peter Ulrich's improvement of a clean integrative method of financial ethics may be of curiosity to all students and complicated scholars of industrial ethics, economics, and social and political philosophy.
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Additional resources for Integrative Economic Ethics: Foundations of a Civilized Market Economy
33 What makes a good and happy life cannot be established in a generally valid way; it is a question of 29 30 31 The conceptual distinction between the nouns ‘morals’ and ‘ethos’ is also maintained by some philosophers in the use of the adjectives ‘moral’ and ‘ethical’, in particular by J. Habermas, Justification and Application: Remarks on Discourse Ethics (Cambridge MA: MIT Press, 1993), p. 1ff. The latter conceptual practice is not followed here, as ‘ethical’ is at the same time the adjective corresponding to the concept of ethics and the maintenance of the distinction between the levels of a (conventional) ethos and the modern (supposedly post-conventional) ethics appears more important systematically than the distinction between morality and ethos.
Consequently, the good life cannot simply be divorced from the idea of the morally good conduct of life. 36 The ethos of a person who has achieved inner stability as a result of his social formation and life experience is characterized by such a (personally) beneficial balance he or she develops and maintains in his or her daily dealings with this tense relationship. The sustenance and perfection of this balance will then surely be regarded as an essential moment of personal happiness. The indispensable substratum of a (personal) ethos lies in the normative obligations of a moral tradition which is internalized in the course of life and is assumed to be more or less self-evident.
We characterize this fundamental state of man as his moral disposition or his general morality. This moral disposition is the basis for the irrefutable personal claim of man as a subject to regard himself in principle as free. We cannot dispute this personal claim without abandoning entirely the idea that man is in possession of free will and sound of mind, capable of taking stances and of accepting responsibility for his actions. In other words, we cannot deny the claim without denying ourselves.
Integrative Economic Ethics: Foundations of a Civilized Market Economy by Peter Ulrich