Ethics, Morality And Business: The Development Of Modern Economic Systems, Volume II: Modern Civilizations

Introduction......Page 6
 Contents......Page 8
 List of Tables......Page 9
1 Ethics of Management......Page 10
Values......Page 11
Characteristics of Values......Page 12
Ethical Codes......Page 13
Ethical Climate......Page 17
Psychology and Ethics......Page 18
Philosophy and Business......Page 21
Culture, the Basis for Business Ethics......Page 22
The Cultural Foundation of American Ethics......Page 24
Business Ethics as Competitive Advantage......Page 27
Appendix 1: Lehman and the Investment Bank Crisis......Page 28
Appendix 2: ITOCHU Corporation......Page 32
References......Page 33
2 Ethics of Capitalism?......Page 37
The World of Adam Smith......Page 38
Utilitarianism......Page 41
Financial Capitalism and Justice......Page 50
Democratic Processes: Public Debate and Discussion......Page 51
Weber’s Protestant Ethic......Page 54
Capitalism and India......Page 57
References......Page 60
3 Marxist Ethics......Page 65
Marx on Christian Morality......Page 68
Marx on Utilitarianism......Page 69
On Imperialism......Page 70
Marxian Methodology in History......Page 71
Karl Marx and Swami Vivekananda......Page 72
India’s First War of Independence as Described by Karl Marx......Page 73
Application of Marxism in the Soviet Union......Page 75
Challenges Faced by Revolution......Page 76
Planned Economy: Central Direction......Page 77
Beginnings of the Soviet Planned Economy......Page 78
Initial Period of Rapid Growth......Page 80
Gains of Socialism......Page 81
Perestroika and Collapse......Page 82
Built-In Defects School......Page 83
The Efficiency School......Page 86
Socialist Explanation: World System School......Page 91
A Pragmatic Explanation......Page 92
Comments......Page 95
References......Page 98
4 Business Ethics and Ethical Leadership......Page 102
Corporate Social Responsibility (CSR)......Page 107
Accommodative/Broad Enterprise Strategy......Page 115
The Role of Top Management......Page 116
Environmental Accountability......Page 117
Integration of Corporate Social Responsibility in Business Management......Page 119
Enterprise Strategy and Corporate Social Responsibility......Page 123
Classifying Enterprise Strategies......Page 125
Stakeholder Groups and Scope......Page 126
Classical Enterprise Strategy......Page 127
Evaluating the Classification......Page 128
The Integral Strategy......Page 129
Tier 1: Internal Strategy: Values-Based Strategies......Page 132
Tier 3: External Strategy: Social & Environmental Sustainability Strategies......Page 133
Possible Misinterpretations of Integral Strategy......Page 134
Managerial Discretion......Page 135
Comments......Page 136
References......Page 138
5 Japanese Management System......Page 145
The Toyota Production Management System......Page 146
Sociological Explanation Behind Japanese Management System......Page 150
Leadership......Page 157
Sociological Foundation of Japanese Management System......Page 160
Historical Basis of Japanese Management System......Page 162
Ethics of the Japanese Management......Page 166
The House of Mitsui and the Spirit of JI-HI......Page 167
Ishida Baigan and the Teachings of Morality......Page 170
How the Spirit of Ji-Hi Survived the Upheaval After the Meiji Restoration......Page 172
Comments......Page 173
References......Page 174
The Birth of the Yugoslav Model of Socialism......Page 178
Economic Reforms: Combining the Plan, the Market, and Workplace Democracy......Page 179
The Market Mechanism......Page 182
Self-Management in the Yugoslav Socialist Model......Page 184
End of the Socialist System......Page 185
Swedish Model......Page 190
Scandinavian Social Democracy in the Last Three Decades......Page 191
The Swedish Economy......Page 193
References......Page 195
Conclusion......Page 198
Index......Page 201