Dialogue

Abstract

This article presents a rebuttal response to an article which criticized the author's theory of internal morality of contracting. The author takes issue with criticism of the theory and asserts that the criticism is misplaced because of the critic's misunderstanding of the author's aims in discussing contractualist business ethics. The writer also takes issue with the criticism of the idea that fiduciary duty is an internal norm of contracting. The critic adopts a contractarian approach in which all that matters is the outcome of contracting between rational and self-regarding contractors.