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Responsibility and moral reasoning: A study in Business Ethics

John D. Feldmann, John Kelsay, Hugh E. Brown III

Journal of Business Ethics · 1986 · Volume 5 · Issue 2

DOI: 10.1007/BF00382751

Abstract

This essay was written for the 1984 General Motors Intercollegiate Business Understanding Program. It consists of three sections, each responding to a separate issue posed by General Motors. The opinions expressed are not those of the General Motors management.The first section attempts to document, through the use of Harvard Business Review articles, a shift in the notion of managerial responsibility from a narrowly focused role responsibility to a more widely focused moral responsibility.The second section explicates the different conceptions of Justice behind the United States and West German economic systems. It gives examples of the consequences of the different conceptions both in methods of policy formation and results.The third section deals with business ethics in international contexts. It argues that law is by itself inadequate in the regulation of business activity and must be supplemented by public discussion, which employs the traditional methods of moral reasoning.

Keywords

United States, Economic Growth, Business Ethic, Economic System, Moral Responsibility

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