Robert White The Moral Case for Profit Maximization (Paperback) (UK IMPORT)

Description: Further DetailsTitle: The Moral Case for Profit MaximizationCondition: NewISBN-10: 1498542654EAN: 9781498542654ISBN: 9781498542654Publisher: Lexington BooksFormat: PaperbackRelease Date: 09/15/2021Description: The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or services that are of objective value. Traditionally, profit maximization has been defended on economic grounds. Profit, economists argue, incentivizes businessmen to produce goods and services. In this view, businessmen do not need to be virtuous as long as they deliver the goods. It challenges the traditional defense of profit maximization, arguing that profit maximization is morally ambitious because it requires businessmen to form normative abstractions and to cultivate a virtuous character. In so doing, the author also challenges the moral basis of corporate social responsibility. Proponents of CSR argue that businessmen can do good while doing well. This book argues that businessmen already do good by maximizing profit, drawing upon the histories of the wheel, the refrigerator, and the shipping container, as well as the biographies of J. P. Morgan, John D. Rockefeller, and Thomas Edison to demonstrate the role of values in the creation of material goods and the role of the virtues in value creation. The author challenges readers to rethink the relationship between profit, value, and virtue.Language: EnglishCountry/Region of Manufacture: USItem Height: 219mmItem Length: 154mmItem Width: 18mmItem Weight: 363gAuthor: Robert WhiteGenre: Business & FinanceBook Series: Capitalist Thought: Studies in Philosophy, Politics, and EconomicsTopic: Law & PoliticsRelease Year: 2021 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.

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Location: GU14 0GT

End Time: 2025-01-25T19:15:43.000Z

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