The Moral Case for Profit Maximization White Robert
The Moral Case for Profit Maximization White Robert The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or…
Specifikacia The Moral Case for Profit Maximization White Robert
The Moral Case for Profit Maximization White Robert
The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or services that are of objective value. Profit, economists argue, incentivizes businessmen to produce goods and services. Traditionally, profit maximization has been defended on economic grounds.
It challenges the traditional defense of profit maximization, arguing that profit maximization is morally ambitious because it requires businessmen to form normative abstractions and to cultivate a virtuous character. In this view, businessmen do not need to be virtuous as long as they deliver the goods. In so doing, the author also challenges the moral basis of corporate social responsibility.
Proponents of CSR argue that businessmen can do good while doing well. This book argues that businessmen already do good by maximizing profit, drawing upon the