Business Ethics Quarterly 22 (2):293-318 (2012)

Authors
Geoff Moore
Durham University
Abstract
The current economic and preceding financial crises seem to provide evidence in favour of the self-destruction thesis of capitalism. Responses to the crisis have been polarised. Some suggest that regulatory changes are all that is needed. Others suggest the need to change the economic system by developing a new global economic ethic. The first is too limited, the second too utopian. This article suggests that a MacIntyrean virtue ethics approach provides both a more convincing diagnosis of the problem and leads to a more workable prescription. First, we need to understand the internal contradictions of the tradition that has developed of how to ‘do’ business. Then we need the virtues to be exercised inside practices and institutions. But virtue itself needs to be institutionalised; we need an appropriate governance of virtue in organizations. Even though governance is usually taken to ‘crowd out’ virtue, this article proposes an approach to governance that ‘crowds in’ virtue
Keywords Applied Philosophy  Business and Professional Ethics  Social Science
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ISBN(s) 1052-150X
DOI 10.5840/beq201222221
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References found in this work BETA

Whose Justice? Which Rationality?Alasdair Macintyre - 1988 - Journal of Religious Ethics 16 (2):363-363.
Humanizing Business: A Modern Virtue Ethics Approach.Geoff Moore - 2005 - Business Ethics Quarterly 15 (2):237-255.
Whose Justice? Which Rationality?Alasdair Macintyre - 1988 - Philosophy and Rhetoric 23 (3):242-247.

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Citations of this work BETA

Corporate Character, Corporate Virtues.Geoff Moore - 2015 - Business Ethics: A European Review 24 (S2):99-114.

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