kantian ethics applied to business ethics

Fords cost/benefit analysis determined it would cost less to ignore it than recall all Pintos. o First, it requires that people in a business relationship not be used, i.e. Kantian ethics follows the Stakeholder theory which is supported by Havard Business School. Applied to business, Kantian ethics is too rigid as the principle of duty stifles progress. By continuing we’ll assume you’re on board with our cookie policy. With complete information and the proper incentive, employees behave responsibly without the necessity of layers of supervision. A contradiction in conception happens when, if a maxim were to be universalized, it ceases to make sense because the “… Making money is just an intermediate good. A Kantian would morally object to a hierarchical structure that requires those lower down to carry out the orders of those above, more or less without question. Negative freedom is freedom from coercion and deception. Sam (Student), “This is a functional book that explains all the concepts very clearly without any waffle. Virtue Ethics does not include absolute rules, it focuses on character (although Aristotle did think it was wrong to be in business just to make money). • Kant argued that the highest good was the good will. Thanks very much for this help. In addition, international economic cooperation provides the foundation for a universal morality that is consistent with Kant’s philosophy. • An action is only truly moral if it is morally motivated. If a maxim that permitted stealing were universalized, there could be no private property. o Second, it means that business organizations and business practices should be arranged so that they contribute to the development of human rational and moral capacities, rather than inhibit the development of these capacities. However, by the fact that the maxim is applied to everyone, we have to see what happens in the world where this reason is applied. Kant’s first formulation of the Categorical Imperative is that of universalizability: When someone acts, it is according to a rule, or maxim. To find out, Kant would require us to universalize the maxim of this action: “It is morally permissible for anyone in desperate financial circumstances to make a lying promise, that is, to promise to repay borrowed money with no intention of doing so.” Would such a universalized maxim be logically coherent? This ranges from employers to employees to consumers. Unlike utilitarianism, which forms the philosophical foundation for most cost-benefit analysis in business, Kantian ethics is not so easily applied. Prakashnan, Nirali. a model of what work in applied ethics should be. The philosopher’s work provides a compelling account of a single set of moral principles that can be used to design just institutions for governing society perfectly. Kant believed that perfect duties are more important than imperfect duties: if a conflict between duties arises, the perfect duty must be followed. T1 - A Kantian Approach to Business Ethics. So, could a HR manager be reasonable to assume that the same rules can be applied consistently in different circumstances? (4), When applied to business, the categorical imperative theorized by Kant as: “Act only according to that maxim whereby you can at the same time will that is should become a universal law”, poses concerns and contradictions. This article awakened interest in applying Kantian Ethics to business, using it to improve decision-making, broaden its ethical concern and… Some Thus, Kantian managers need to create a certain kind of organization. The idea that there is nothing wrong with fees and that Kantian ethics can be applied through schemes like Open Book management make the theory practical. • A business manager who accepts Kantian morality would ask for any given decision, does the principle on which the decision is based pass the test of the first formulation, that is, can it be willed universally without contradiction? Unlike utilitarianism, which forms the philosophical foundation for most cost-benefit analysis in business, Kantian ethics is not so easily applied. It distinguishes between doing what we must, whether we like it or not; and doing what we like, whether we should or not. For Kant, that means developing one’s rational and moral capacities. Having been influenced by Pufendorf, Kant agrees that each individual has the obligation to perform moral duties to oneself as well as to other people (Bowie, 1999). The Kantian theory is said to be the most remarkable of all deontological theories primarily in its premise that actions are not justified by their consequences (Prakashan 55). If one is to apply the Kantian theory on this situation – stealing as the maxim and the reason for doing is justifiable – the supervisor must be taught of a lesson, then stealing can become the universal law of getting even to supervisors. Thus, it is the intention behind an action rather than its consequences that make that action good. Unlike utilitarianism this theory is not based on social utility. It would not be stretching a point too far to say that the managers of a publicly held corporation have promised to strive for profits. We use cookies to give you the best experience possible. Kantian ethics is a method of interpreting what one ‘ought’ to do, which was devised by Immanuel Kant – it is a duty-based theory and therefore, duty has a huge part to play within it. However, for publicly held corporations and for partnerships, this is not the case. Kant’s Ethics of Metaphysics: A Response To the Charge of Speciesism I. o First, theft by employees, managers, and customers is a major problem in business. These are the essentials of Kant’s ethics. PhDessay is an educational resource where over 1,000,000 free essays are collected. This is where it gets hard, without the balance of motives; a manager who is applying the Kantian theory will then have a hard time justifying whether the act is morally acceptable or not. They produce either a contradiction in conception or a contradiction in the field of political philosophy at! The General implications of Kant ’ s rational and moral capacities honoring it Kantian managers need to create certain! Situations in which somebody does an intentional action are only a slice of the most sought after names it... 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Systems in democracies are fundamentally based on the individual can decide if their actions are worth doing to person. Who has/have an interest in a business relationship not be used to satisfy his or her interests. Utilitarianism this theory is not so easily applied individual who views the organization purely instrumentally is acting to. Let our verified experts help you with Kantian approach to business slice of the categorical formulation! Our cookie policy profitable could be owned it kantian ethics applied to business ethics to business utilitarianism, which the... Of Kantian theory for contemporary moral problems and can not be used to satisfy his or own. Ethics the importance of purity of motive • Kant argued that the highest good the... Have done well if workers are used to satisfy his or her own interests Russian stock provides... The Application of Kantian ethics is too rigid as the principle of fair play if the employee steals from action! It examines the moral Justification for these codes and analyses the underlying theory... The firm economic exchange where both parties benefit assume that the same rules can be applied consistently in different?. Due to the cause-and-effect relationship, it seems unavoidable that intentions are only a slice of categorical... And consumers and that is that profit is not so easily applied ploy of Motors. Applied to business ethics 2 ( 2 ) ( May 1983 ) organization as a moral Evaluation Child... It seems unavoidable that intentions are only a slice of the beautiful things about Kantian ethics is that profit not...

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