A capitalistic society that provides open and free competition did not bring about Enron and similar debacles. It was the second part of Friedman's statement: "without deception or fraud" that led to such situations. It was the greed of several individuals who misreported their profits to get a larger part of the pot. Unfortunately, there will always be individuals like this -- it is human nature. That does not make the whole system corrupt. One can say that the competition inherent in the capitalistic enterprise encourages such behavior. Hoarding by one of the cave dwellers would never work. The hope is that lessons are learned from situations such as these -- that nothing works perfectly.
Richard E. Hattwick, professor at Western Illinois University and co-founder of the American National Business Hall of Fame concludes:
competitive market situations encourage the reasonably high standard of business ethics called the ethic of justice. The financial incentives of the market exact a price from business leaders trying to be more ethical or less ethical. Saints and sinners can exist, and indeed they do. But in most cases they could improve their profit by adhering to the middle-of-the- road ethic of justice. This conclusion is based on the long run view and the assumption...
Agricultural Revolution: The Role of Men and Women The Neolithic revolution is considered the first agricultural revolution denoting the transition from foraging and hunting and gathering to settlement and agriculture. Foraging for plants that were wild and hunting animals that were also wild is regarded as the most historic form of patterns for human subsistence (Foraging web). Because there are no written records of the transition Period between 8000 and 5,000 BC when
Although this theory totally impacted the world, Darwin's second book the Descent of Man and Selection in Relation to Sex (1871) began a major debate, especially between religion and science. As he stated in the conclusion of his book, "The main conclusion here arrived at, and now held by many naturalists who are well competent to form a sound judgment is that man is descended from some less highly organized
Patriarchy to Another It starts early. Socialization into the social system we call patriarchy starts at birth when we put pink on "beautiful" and "angelic" girls and blue on "handsome" and "tough" baby boys. We hold baby girls so they can see into our faces, as we talk to them. We hold baby boys so they can see what's going on in the room. That's how the process begins. We
Though this schema works for many, however, there are also downsides to these societal changes that are not often discussed as they are rather unpopular. With greater individual freedom comes greater individual and collective risk. This is not to suggest that women should be controlled by men, or indeed that any segment of society should be controlled by another, but as families become less structured and more permissive entities, responsibility
Odyssey: Daily Life for Women When it comes to the Greeks, Homer's Odyssey is recognized as a piece of literature that was not just about gods, men, and creatures, this historical read served as a cultural example about the women and their place in society. This book, provides a wide-ranging view of the Achean's peacetime people. Throughout Odyssey, a person is able to pick up some understanding of what is appropriate
As much as 91% of these crimes result in murders. There are some other criminals who are classified as insane criminals and they can be thought to include kleptomaniacs, nymphomaniacs, habitual drunkards and pederasts. These people keep committing the crimes as they are unable to distinguish right from wrong, and it is time that these people are considered to be insane and not considered responsible for their action. But
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