Open Access. Powered by Scholars. Published by Universities.®
Business Law, Public Responsibility, and Ethics Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Institution
- Publication
Articles 1 - 2 of 2
Full-Text Articles in Business Law, Public Responsibility, and Ethics
Capital In The Twenty-First Century: A Tale Without Morality, Bruce D. Baker
Capital In The Twenty-First Century: A Tale Without Morality, Bruce D. Baker
SPU Works
Thomas Piketty has given economists a lot to argue about, but their arguments miss the point of the book’s success. “Capital in the Twenty-First Century” is not a bestseller based on its economic merits. It’s a bestseller because it speaks to a deep moral anxiety. Confidence in capitalism has been shaken. The crisis of 2008 exposed weaknesses in the financialization of our economy. Piketty makes a valiant contribution to economic theory and history, but his empiricism succumbs ultimately to the same flaw John Paul II diagnosed in Marxism—it leads to an incoherent statement of moral order.
Compensation Ethics And Organizational Commitment, Jeffrey Moriarty
Compensation Ethics And Organizational Commitment, Jeffrey Moriarty
Philosophy Faculty Publications
If an employee is committed to his firm – if he is “attached” or “bound” to it – then his firm may be able to obtain a discount on his labor. This paper asks: Is it wrong for firms to do so? If we understand just or fair pay solely in terms of voluntary agreements between employers and employees, the answer seems to be ‘no’. Against this, I argue that, in some cases, it is ‘yes’. In particular, it is wrong for firms to try to obtain discounts on their committed employees’ labor when their employees reasonably expect that they …