Financial Conflicts of Interest are of Higher Ethical Priority than “Intellectual” Conflicts of Interest

Journal of Bioethical Inquiry 17 (2):217-227 (2020)
  Copy   BIBTEX

Abstract

The primary claim of this paper is that intellectual conflicts of interest (COIs) exist but are of lower ethical priority than COIs flowing from relationships between health professionals and commercial industry characterized by financial exchange. The paper begins by defining intellectual COIs and framing them in the context of scholarship on non-financial COIs. However, the paper explains that the crucial distinction is not between financial and non-financial COIs but is rather between motivations for bias that flow from relationships and those that do not. While commitments to particular ideas or perspectives can cause all manner of cognitive bias, that fact does not justify denying the enormous power that relationships featuring pecuniary gain have on professional behaviour in term of care, policy, or both. Sufficient reason exists to take both intellectual COIs and financial COIs seriously, but this paper demonstrates why the latter is of higher ethical priority. Multiple reasons will be provided, but the primary rationale grounding the claim is that intellectual COIs may provide reasons to suspect cognitive bias but they do not typically involve a loss of trust in a social role. The same cannot be said for COIs flowing from relationships between health professionals and commercial industries involving financial exchange. The paper then assumes arguendo that the primary rationale is mistaken and proceeds to show why the claims that intellectual COIs are more significant than relationship-based COIs are dubious on their own merits. The final section of the paper summarizes and concludes.

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 91,122

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

The troublesome semantics of conflict of interest.Paul J. Friedman - 1992 - Ethics and Behavior 2 (4):245 – 251.
Conflicts of Interest in Financial Intermediation.Guido Palazzo & Lena Rethel - 2008 - Journal of Business Ethics 81 (1):193-207.
Managing financial conflicts of interest in clinical research.Jordan J. Cohen - 2002 - Science and Engineering Ethics 8 (3):401-406.
Conflicts of interest in science.David B. Resnik - 1998 - Perspectives on Science 6 (4):381-408.
Medical Journals and Conflicts of Interest.Robert Steinbrook & Bernard Lo - 2012 - Journal of Law, Medicine and Ethics 40 (3):488-499.
Conflicts of interest.Thomas L. Carson - 1994 - Journal of Business Ethics 13 (5):387 - 404.
Conflicts of interest in medicine: a philosophical and ethical morphology.Edmund L. Erde - 1996 - In Roy G. Spece, David S. Shimm & Allen E. Buchanan (eds.), Conflicts of Interest in Clinical Practice and Research. Oxford University Press. pp. 12--41.

Analytics

Added to PP
2020-07-01

Downloads
14 (#888,307)

6 months
4 (#477,225)

Historical graph of downloads
How can I increase my downloads?