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| Author: | Vranceanu, R. |
| Title: | The ethical dimensions of economic choices |
| Journal: | Business Ethics
2005 : APR, VOL 14:2, p. 94-107 |
| Index terms: | ethics business ethics choice theory |
| Freeterms: | capitalism economic choice economic theory |
| Language: | eng |
| Abstract: | Despite the general sustained growth, dynamism and innovation in capitalist countries, major drawbacks of capitalism - corporate frauds, corruption, abuses of market power - have emerged. This paper argues that it is necessary for ethical dilemmas to be addressed in order for the drawback to be remedied. Both government regulations and integration of the ethical dimension to the social sciences' frameworks for human action would be helpful. Specifically, economic theory would benefit from developing more in-depth reflection on human end-goals and values. |
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