Contemporary Issues in Business Ethics / Edition 4

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CONTEMPORARY ISSUES IN BUSINESS ETHICS, FOURTH EDITION provides students with a sociopolitical framework for looking at business ethics. This text takes students from a common, skeptical starting point—Why study business ethics?—to the very heart of ethical and political theory. It provides students with the social/political framework for examining important business issues through text, readings, case studies, and decision scenarios.
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Editorial Reviews

From the Publisher
"The text is well-written, with good case studies, and would be a solid foundation for any introductory course in Business Ethics."

"Contemporary Issues in Business Ethics is a well-written, comprehensive book that takes the sometimes complex philosophical ethical topics and explains them in an easy-to-understand format."

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Product Details

  • ISBN-13: 9780534505981
  • Publisher: Wadsworth
  • Publication date: 12/28/1999
  • Series: Philosophy Series
  • Edition description: Older Edition
  • Edition number: 4
  • Pages: 560
  • Product dimensions: 7.30 (w) x 9.30 (h) x 0.84 (d)

Meet the Author

Joseph DesJardins received his Ph.D. from the University of Notre Dame and currently teaches at the College of Saint Benedict/St. John's University, where he specializes in business ethics, environmental philosophy, and the law.

John McCall received his Ph. D. from the University of Notre Dame and currently teaches at St. Joseph's University. McCall specializes in business ethics and moral philosophy.

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Table of Contents

1 Philosophical Ethics and Business 1
U.S. Steel and Youngstown, Ohio 2
What Is "Ethics"? 4
Business Ethics: The Free Market Theory 7
Reading 1.1 The Social Responsibility of Business Is to Increase Its Profits 8
Doing Business Ethics: An Analysis of Friedman 12
2 Utilitarianism and the Free Market 24
Utilitarianism 27
Versions of Utilitarianism 28
Challenges to Utilitarianism 30
Utilitarian Defense of the Free Market 33
An Analysis of the Utilitarian Defense 35
3 Rights and the Market 47
A Theory of Rights 48
Rights Arguments for the Free Market 58
4 The Corporation as a Social Institution 72
The Nature of the Corporation 73
Corporate Responsibility 74
Corporate Governance and Control 81
Reading 4.1 A Stakeholder Theory of the Modern Corporation: Kantian Capitalism 84
Reading 4.2 Balancing Act 92
Reading 4.3 Remarks on Marcoux: Defending Stakeholder Theory 99
5 Job Security: Dismissals and Layoffs 103
Individual Dismissals 103
Modifications to Employment at Will 104
Just Cause Policies 105
Just Cause vs. EAW 106
Layoffs 108
Case Study: Levi's Shrinks 113
Reading 5.1 The Right to Due Process 114
Reading 5.2 Rights in the Workplace: A Nozickian Argument 119
Reading 5.3 Practices of Successful Organizations: Job Security 123
Reading 5.4 The New Security: "Employability" 134
Reading 5.5 The New "Employability Contract" and Social Contract Theory 136
Decision Scenario A Public Policy and Employment at Will 147
Decision Scenario B Closing a Chrysler Plant 147
Decision Scenario C Unwritten Employment Contracts 149
Decision Scenario D "Wrongful Hiring" 150
Decision Scenario E Plant Closing Responsibilities 151
Decision Scenario F Montana's Just Cause Legislation 151
6 Employee Responsibilities: Honesty, Loyalty, Conflicts of Interest 153
Employee Responsibilities in Law 154
Professional Responsibilities 154
Honesty in Employment 155
Loyalty and Whistleblowing 156
Conflicts of Interest and Insider Trading 157
Case Study: The Challenger Disaster: Conflicting Responsibilities at Morton Thiokol and NASA 158
Reading 6.1 Is Business Bluffing Ethical? 160
Reading 6.2 Whistleblowing and Employee Loyalty 167
Reading 6.3 What Is Really Unethical About Insider Trading? 172
Decision Scenario A "Soft Money" in the Securities Industry 183
Decision Scenario B Buy American, or Else! 184
Decision Scenario C Inside Information at the Wall Street Journal 185
Decision Scenario D Whistleblowing at the Phone Company 186
7 Employee Participation 188
Varieties of Participation 188
Participation and Rights 189
Participation and Firm Performance 190
Participation and Organized Labor 191
Case Study: Saturn Motors: Shifting into Reverse? 193
Reading 7.1 An Ethical Basis for Employee Participation 194
Reading 7.2 Democracy and Economic Rights 202
Reading 7.3 Workplace Representation Overseas: The Works Council Story 209
Decision Scenario A Quality Circles and Labor Productivity 222
Decision Scenario B The Mondragon Cooperatives 222
Decision Scenario C The German Model of Employee Participation 223
Decision Scenario D Electromation: Illegal Employee Participation 224
Decision Scenario E Donnelly Mirrors: Forty Years of Participation 226
8 Employee Privacy 227
The Nature of Privacy 228
The Value of Privacy 230
Consumer Privacy 232
Case Study: Genetic Screening in the Workplace 233
Reading 8.1 Drug Testing in Employment 234
Reading 8.2 The Ethics of Genetic Screening in the Workplace 240
Reading 8.3 Some Implications of New Technology on Privacy in the Workplace 245
Decision Scenario A E-mail Privacy 260
Decision Scenario B Dismissal for an Abortion? 261
Decision Scenario C If You Work Here, Don't Smoke 261
Decision Scenario D Preemployment Psychological Testing 262
Decision Scenario E Privacy in Employment 263
Decision Scenario F Surveillance at Work 264
Decision Scenario G Consumer Privacy 264
9 Health and Safety in the Workplace 266
The Nature and Value of Health 266
OSHA 268
Risky Work or Risky Workers? 270
Case Study: American Cyanamid and Johnson Controls 271
Reading 9.1 Automobile Workers v. Johnson Controls, Inc 273
Reading 9.2 The Occupational Safety and Health Problem 275
Reading 9.3 A Review of Some Normative and Conceptual Issues in Occupational Safety and Health 281
Reading 9.4 Genetic Discrimination in the Workplace 294
Decision Scenario A Health Insurance and Discrimination Against the Sick 302
Decision Scenario B Criminal Conviction for an Employee Death: Film Recovery Systems, Inc 303
Decision Scenario C Video Display Terminals and Worker Health 304
10 Product Liability and Safety 305
Assessing Product Liability Alternatives 308
Reforming Product Liability Law 310
Product Safety Regulation 311
Ethics and the Marketing of Dangerous Products 313
Case Study; Selling Guns: Negligent Marketing? 314
Reading 10.1 Liability: The Legal Revolution and Its Consequences 316
Reading 10.2 "Fairness, Strict Liability, and Public Policy" 328
Reading 10.3 Regulation and Paternalism 330
Decision Scenario A Tobacco Companies Under Fire 340
Decision Scenario B The Michigan Toy Box Company 342
Decision Scenario C Greenman v. Yuba Power Products 343
Decision Scenario D Children and Reasonably Safe Products 344
Decision Scenario E A. H. Robins and the Dalkon Shield 344
Decision Scenario F Caution: McDonald's Coffee is Hot! 345
Decision Scenario G Diethyestilbestrol (DES) 346
11 Advertising and Marketing 349
Government Regulation of Deceptive Advertising 350
Nondeceptive Marketing, Autonomy, and Consumer Vulnerability 352
Case Study: Advertising Tobacco 355
Reading 11.1 Deceptive Advertising 357
Reading 11.2 Reasonable Consumer or Ignorant Consumer? How the FTC Decided 362
Reading 11.3 Advertising and Behavior Control 369
Reading 11.4 Marketing to Inner-City Blacks: PowerMaster and Moral Responsibility 377
Reading 11.5 Children as Consumers: An Ethical Evaluation of Children's Television Advertising 389
Decision Scenario A Seven Marketing Pitches 397
Decision Scenario B Advertising's Image of Women 398
Decision Scenario C Listerine and Corrective Advertising 399
Decision Scenario D Advertising Headaches 400
Decision Scenario E "Bait and Switch" 401
Decision Scenario F New, Improved ... and Smaller 401
Decision Scenario G Political Advocacy Meets High-Tech Ad Agencies 402
12 Business and the Environment 404
Environment and Economics 406
Legal and Moral Standing 407
Growth and Sustainability 408
Case Study: Walt Disney vs. The Sierra Club 409
Reading 12.1 People or Penguins: The Case for Optimal Pollution 410
Reading 12.2 At the Shrine of Our Lady of Fatima or Why Political Questions Are Not All Economic 414
Reading 12.3 Should Trees Have Standing? Toward Legal Rights for Natural Objects 424
Reading 12.4 Morality, Money, and Motor Cars 436
Reading 12.5 A Road Map for Natural Capitalism 441
Decision Scenario A Global Warming 452
Decision Scenario B Boomer v. Atlantic Cement Co 453
Decision Scenario C The EPA's Management of Superfund 453
Decision Scenario D Pacific Lumber 454
Decision Scenario E Industry as Ecosystem 455
13 Discrimination in the Workplace: Race, Gender, Disabilities 457
Public Policy to Counter Discrimination 458
Sexual Harassment 461
Disabled Workers 463
Case Study: Gays Need Not Apply 464
Reading 13.1 Preferential Hiring and Compensation 465
Reading 13.2 A Defense of Programs of Preferential Treatment 471
Reading 13.3 Sex Is the Least of It: Let's Focus Harassment Law on Work, Not Sex 475
Reading 13.4 Disability and the Right to Work 478
Decision Scenario A United Steelworkers of America v. Weber 484
Decision Scenario B Preferential Treatment for Men? 485
Decision Scenario C Women Wage Earners: Less is Best? 486
Decision Scenario D Sexual Harassment in the Workplace: Meritor Savings Bank 487
Decision Scenario E Federal Set-Asides: From Fullilove to Adarand 488
Decision Scenario F Hide the Wedding Ring 489
Decision Scenario G When Gender Harassment Is Not Sexual 490
14 Ethics and Multinational Corporations 492
The Ethical Relativist Approach 493
The Nonrelativist Approach 495
Case Study: Indonesian Corruption and Multinationals 497
Reading 14.1 Rights in the Global Market 499
Reading 14.2 International Business, Morality, and the Common Good 512
Reading 14.3 The Moral Responsibility of Multinational Corporations to Be Socially Responsible 521
Reading 14.4 Marketing, the Ethics of Consumption, and Less-Developed Countries 525
Decision Scenario A Brazil: Economic Development versus Environmental Protection 538
Decision Scenario B The Dalkon Shield and Sales to Foreign Countries 539
Decision Scenario C Union Carbide's Poison Gas Disaster at Bhopal 539
Decision Scenario D "When in Rome": International Affirmative Action 540
Decision Scenario E Child and Bonded Labor: Business Responsibility for Supplier Practices 541
Decision Scenario F Drug Safety and the Third World 542
Index 545
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