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Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

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Page 1: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Ethics in the Marketplace

213.32

Bruce Duggan

Winter 2015

Page 2: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Environmentalism

“externalities” obligations• vs. rights

explicit implied

Page 3: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Stonewall Salts

sim

Page 4: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Stonewall Salts

Yvonne LoewenMarcel Loewen

Mike ReimerDebbie Reimer(former mayor)

MCCBotswana

Jake Reimer

Stonewall Salts

Lisa Taylor

Stonewall Community ChurchWitness Group

Environmentalists

The Quarries

Professional Manager

Page 5: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Environmentalism

arguments

for concern for indifference

egoist

utilitarian

rights

principles

Christian

Page 6: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Stonewall Salts

potential meetings & discussions the Witness Group the environmental group the Witness Group and the pastor the environmental group and Jake & Lisa the town council

• with or without Jake & Lisa the Witness Group and Jake & Lisa

• with or without the Pastor Jake & Lisa and Mike & Yvonne the provincial environmental review board going to the media others?

Page 7: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Options1. Processing somewhere else

$1 million capital costs $250,000/year operational

costs

2. Installing and maintaining catchment system to prevent ground seepage $450,000 capital $50,000/year operational

3. Covering slag heap with tarp to prevent dust becoming windborne $250,000 capital $25,000/year operational

4. Conducting research to see if salt is harmful to humans $200,000 over 5 years results at the end of 5 years

5. Processing salt waste & brine to remove bitterness $350,000 capital $30,000/year operational• brine would remain salty

6. Burying salt again after it’s processed $90,000/year operational

Page 8: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Did Jesus create these locally?

Page 9: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

A Few Ideas

aligning obligations

phronimos

love

Page 10: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Aligning Obligations

company’s obligations are torn “reconciliation” your job

• find

• propose

• implement

Page 11: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

A Few Ideas

aligning obligations

phronimos

love

Page 12: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Phronimos

a few ideas not a complete ethical system

starts with virtue ethics

Page 13: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Remember?

normative1. consequentialist

a. egoism

b. utilitarianism act-utilitarianism rule-utilitarianism

2. non-consequentialistc. Kantian

d. prima facie principles

e. moral rights

shouldresults motives

advocates of virtue ethics say theirs is a 3rd system character

Page 14: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Virtues

Plato wisdom courage temperance justice

1 Corinthians 13 faith hope charity

Aristotle magnificence generosity friendship sincerity self-respect

Page 15: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Virtues – Medieval Synthesis

cardinal virtues wisdom courage temperance justice

theological virtues faith hope charity

7 Heavenly Virtuescontrasted with

7 Deadly Sins

Page 16: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Virtues – Medieval Synthesis

Medieval theologian - Aquinas didn’t use Aristotle’s list but used Aristotle’s ideas

Page 17: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Virtues

Aristotle’s Ideas more than just a list

• virtues are means between related vices• all things (including people) have a purpose• virtues grounded in human nature

harmony rationality

• habits learning character

Page 18: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Virtue Ethics

Aristotle’s Ideas wisdom the central virtue

a specific kind of wisdom

• phronesis (noun) also spelt fronesis “practical wisdom”

• phronimoi (noun) a person who has mastered practical wisdom

• phronimos (adjective)

Page 19: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Virtue Ethics

Aristotle’s Ideas phronesis

• how behave ethically in the world leadership politics

• understanding what is: important fine necessary useful

• should be guiding principle of ruler “the philosopher king”

Page 20: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

phronesis

AquinasAristotle Cicero

septuagint gospels

prudentia

prudence

-500 2000

“Bush”

Page 21: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

phronesis & virtue ethics

enlightenment remnants David Hume

19th-century reconsideration Martin Heidigger

20th-century revival Hans-Georg Gadamer Elizabeth Anscombe

• 1958: “Modern Moral Philosophy”

Alasdair MacIntyre

Page 22: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Virtue Ethics

current ideas a set of rules only gets you so far consequences can’t always be calculated

advocates claim these merits• useful to develop ethics of leaders

• applicable to professional ethics

• provides role for mentors

• handles complexity will

• situational but not arbitrary

• works through conversation

sometimes lists

sometimes just phronesis

Page 23: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Virtue Ethics

critics say captive to cultural standards

• Whose list?

• How understood?

focused on elites time-consuming vague

• allows business leaders to escape external standards

Page 24: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

another look at phronesis

Greek philosophical ideas often considered Biblical texts largely overlooked

Page 25: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

phronesis in the Septuagint

crafty• Gen 3:

the serpent

judgment suitable for management

• Gen 41: Joseph’s ability that makes him—in the mind of Pharaoh—

suitable to manage all of Egypt in preparation for a coming drought

able to “see” where you’re headed• Deut 32:20:

God wants his people to be like this

time

Page 26: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Jesus’ phronesis

[Look,] I am sending you out like sheep among wolves. Therefore be as shrewd as snakes and as innocent as doves.

NIV Matt 10:16

Page 27: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Jesus’ phronesis

[Look,] I am sending you out like sheep among wolves. Therefore be as shrewd as snakes and as innocent as doves.

NIV Matt 10:16

peristera

lukosapostello probaton

ophis

idou

Page 28: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Jesus’ phronesis

[Look,] I am sending you out like sheep among wolves. Therefore be as shrewd as snakes and as innocent as doves.

NIV Matt 10:16

akeraiosphronimos

peristera

lukosapostello probaton

ophis

idou

Page 29: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

The Shrewd Servant

The Wise Servant

The Wise & Foolish Virgins

The Wise & Foolish Builders

Building a Tower or Fighting a War

phronimos in the parables

Page 30: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

phronimos in the parables

The Shrewd Servant Luke 16

The Wise Servant

The Wise & Foolish Virgins

The Wise & Foolish Builders

Building a Tower or Fighting a War

Page 31: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

The Shrewd Servant

The Wise Servant Mark 13 Matthew 24 Luke 12

The Wise & Foolish Virgins

The Wise & Foolish Builders

Building a Tower or Fighting a War

phronimos in the parables

Page 32: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

The Shrewd Servant

The Wise Servant

The Wise & Foolish Virgins Matthew 25

The Wise & Foolish Builders

Building a Tower or Fighting a War

phronimos in the parables

Page 33: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

phronimos in the parables

The Shrewd Servant

The Wise Servant

The Wise & Foolish Virgins

The Wise & Foolish Builders Matthew 7 Luke 6

Building a Tower or Fighting a War

Page 34: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

phronimos in the parables

The Shrewd Servant

The Wise Servant

The Wise & Foolish Virgins

The Wise & Foolish Builders

Building a Tower or Fighting a War Luke 14

Page 35: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Jesus’ phronesis

available to all paired with purity

be alert see what’s not obvious plan ahead find solutions

Page 36: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

A Few Ideas

aligning obligations

pronimos

love

“When I consider everything, what is the most loving action I could take in this situation?”

Page 37: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

Final Exam

2 questions:1. Gloria the Celebrity Chicken & Burger King

http://www.cnbc.com/id/102508725

2. Your choice of either of these two cases:a) Closing the Deal

Jean McGuire, salesperson for Sunrise Land Developers

b) The Housing Allowance Wilson Mutambara, Barbara Weston & NewCom

Page 38: Ethics in the Marketplace 213.32 Bruce Duggan Winter 2015

cases

Subliminal Messages

Fight Over Redwoods

Rewrapping the Big Mac

Fordosaurus

Skateboard Scare