Beruflich Dokumente
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A HISTORICAL PERSPECTIVE ON
BUSINESS ETHICS
Chapter 2
Learning Objectives
in precapitalist America
Understand the ethical foundation of
capitalism as argued by Adam Smith in
the 1700s
Appreciate the delicate balance between
economic growth and stakeholder
rights, particularly labor issues,
throughout U.S. history
Benchmark an organization to the
Ethics Compliance Program best
practices outlined by the Federal
Sentencing Guidelines
Conceptualize how to maximize ethical
behaviors in organizations based on an
Optimal Ethics Systems Model
Economic
Growth Under
Capitalism
New laws: antitrust,
charters, and liabilities
Labor Issues
Slavery
The most notable economic problems included
Labor Issues
Strikes and Labor Unions
A labor union is an association of employees that
Labor Issues
Labor Issues
Wages and Compensation
Capitalisms emphasis on liberty has increased
Labor Issues
The minimum wage refers to the lowest wage an
B Corporations
In 2007, B Lab, a nonprofit