Taking Sides: Clashing Views in Business Ethics and Society

by Newton, Lisa H.; Ford, Maureen M.

• ISBN13: 9780073527208
• ISBN10: 0073527203
• Edition: 9th
• Format: Paperback
• Copyright: 2005-11-08
• Publisher: McGraw-Hill/Dushkin

Summary

This ninth edition of TAKING SIDES: BUSINESS ETHICS AND SOCIETY presents current controversial issues in a debate-style format designed to stimulate student interest and develop critical thinking skills. Each issue is thoughtfully framed with an issue summary, an issue introduction, and a postscript. An instructor's manual with testing material is available for each volume. USING TAKING SIDES IN THE CLASSROOM is also an excellent instructor resource with practical suggestions on incorporating this effective approach in the classroom. Each TAKING SIDES reader features an annotated listing of selected World Wide Web sites and is supported by our student website, www.dushkin.com/online.

Table of Contents

Preface	v
Introduction	xvii
PART 1 CAPITALISM AND THE CORPORATION	1	(94)
Issue 1. Is Capitalism the Best Route to Human Happiness?	2	(21)
Yes: Adam Smith, from An Inquiry Into the Nature and Causes of the Wealth of Nations, vols. 1 and 2 (1869)	4	(8)
No: Karl Marx and Friedrich Engels, from The Communist Manifesto (1848)	12	(11)
Issue 2. Can Individual Virtue Survive Corporate Pressure?	23	(24)
Yes: Robert C. Solomon, from ``Victims of Circumstances? A Defense of Virtue Ethics in Business,'' Business Ethics Quarterly (January 2003)	25	(14)
No: Gilbert Harman, from ``No Character or Personality,'' Business Ethics Quarterly (January 2003)	39	(8)
Issue 3. Can Restructuring a Corporation's Rules Make a Moral Difference?	47	(29)
Yes: Josef Wieland, from ``The Ethics of Governance,'' Business Ethics Quarterly (January 2001)	49	(12)
No: Ian Maitland, from ``Distributive Justice in Firms: Do the Rules of Corporate Governance Matter?'' Business Ethics Quarterly (January 2001)	61	(15)
Issue 4. Should Corporations Adopt Policies of Corporate Social Responsibility?	76	(19)
Yes: Robert D. Hay and Edmund R. Gray, from ``Introduction to Social Responsibility,'' in David Keller, man. ed., Ethics and Values: Basic Readings in Theory and Practice (Pearson Custom Publishing, 2002)	78	(9)
No: Milton Friedman, from ``The Social Responsibility of Business Is to Increase Its Profits,'' in Thomas Donaldson and Patricia H. Werhane, eds., Ethical Issues in Business: A Philosophical Approach, 4th ed. (Prentice Hall, 1993)	87	(8)
PART 2 CURRENT ISSUES IN BUSINESS	95	(72)
Issue 5. Are Pharmaceutical Firms Obliged to Cut Their Prices for Poor AIDS Victims?	96	(9)
Yes: Debra Watson, from ``U.S. Pharmaceutical Companies Reap Huge Profits From AIDS Drugs,'' World Socialist Web Site, http://www.wsws.org/articles/1999/jun1999/aids-j05_prn.shtml (June 5, 1999)	98	(4)
No: Robert Goldberg, from ``Wrong Prescription: Don't Rush to Embrace the Bush AIDS Plan,'' National Review Online, http://www.nationalreview.com/comment/comment-rgoldberg020703.asp (February 7, 2003)	102	(3)
Issue 6. Should Casino Gambling Be Prohibited?	105	(18)
Yes: William A. Galston and David Wasserman, from ``Gambling Away Our Moral Capital,'' The Public Interest (Spring 1996)	107	(6)
No: William R. Eadington, from ``The Proliferation of Commercial Gaming in America,'' The Sovereign Citizen (Fall 1994)	113	(10)
Issue 7. Is Wal-Mart a Good Model for Retail Sales?	123	(13)
Yes: Sam Walton with John Huey, from Made in America (Doubleday, 1992)	125	(7)
No: Silvia Ribeiro, from ``The Costs of `Walmartization','' http://www.zmag.org/content/showarticle.cfm:SectionID (January 16, 2005)	132	(4)
Issue 8. Does the Enron Collapse Show That We Need More Regulation of the Energy Industry?	136	(31)
Yes: Richard Rosen, from ``Regulating Power: An Idea Whose Time Is Back,'' The American Prospect (March 25, 2002)	138	(2)
No: Christopher L. Culp and Steve H. Hanke, from ``Empire of the Sun: An Economic Interpretation of Enron's Energy Business,'' Policy Analysis (February 20, 2003)	140	(27)
PART 3 HUMAN RESOURCES: THE CORPORATION AND THE EMPLOYEE	167	(86)
Issue 9. Does Blowing the Whistle Violate Company Loyalty?	168	(19)
Yes: Sissela Bok, from ``Whistleblowing and Professional Responsibility, New York University Education Quarterly (Summer 1980)	170	(8)
No: Robert A. Larmer, from ``Whistleblowing and Employee Loyalty,'' Journal of Business Ethics (vol. 11, 1992)	178	(9)
Issue 10. Is Controlling Drug Abuse More Important Than Protecting Privacy?	187	(18)
Yes: Michael A. Verespej, from ``Drug Users---Not Testing---Anger Workers,'' Industry Week (February 17, 1992)	189	(3)
No: Jennifer Moore, from ``Drug Testing and Corporate Responsibility: The `Ought Implies Can' Argument,'' Journal of Business Ethics (vol. 8, 1989)	192	(13)
Issue 11. Is ``Employment-at-Will'' Good Social Policy?	205	(26)
Yes: Richard A. Epstein, from ``In Defense of the Contract at Will,'' University of Chicago Law Review (Fall 1984)	207	(6)
No: John J. McCall, from ``In Defense of Just Cause Dismissal Rules,'' Business Ethics Quarterly (April 2003)	213	(18)
Issue 12. Is CEO Compensation Justified by Performance?	231	(22)
Yes: Kevin J. Murphy, from ``Top Executives Are Worth Every Nickel They Get,'' Harvard Business Review (March/April 1986)	233	(9)
No: Lisa H. Newton, from ``The Care and Feeding of the Truly Greedy: CEO Salaries in World Perspective,'' An Original Essay Written for This Volume (2000)	242	(11)
PART 4 CONSUMER ISSUES	253	(62)
Issue 13. Are Marketing and Advertising Fundamentally Exploitive?	254	(15)
Yes: John P. Foley, from ``Ethics in Advertising: A Look at the Report by the Pontifical Council for Social Communications,'' Journal of Public Policy & Marketing (Fall 1998)	256	(5)
No: Gene R. Laczniak, from ``Reflections on the 1997 Vatican Statements Regarding Ethics in Advertising,'' Journal of Public Policy & Marketing (Fall 1998)	261	(8)
Issue 14. Was Ford to Blame in the Pinto Case?	269	(28)
Yes: Mark Dowie, from ``Pinto Madness,'' Mother Jones (September/October 1977)	271	(15)
No: Ford Motor Company, from ``Closing Argument by Mr. James Neal,'' Brief for the Defense, State of Indiana v. Ford Motor Company, U.S. District Court, South Bend, Indiana (January 15, 1980)	286	(11)
Issue 15. Should We Require Labeling for Genetically Modified Food?	297	(18)
Yes: Philip L. Bereano, from ``The Right to Know What We Eat,'' The Seattle Times (October 11, 1998)	299	(6)
No: Joseph A. Levitt, from Statement Before the Health, Education, Labor, and Pensions Committee, United States Senate (September 26, 2000)	305	(10)
PART 5 GLOBAL OBLIGATIONS	315	(68)
Issue 16. Are Multinational Corporations Free From Moral Obligation?	316	(12)
Yes: Manuel Velasquez, from ``International Business, Morality and the Common Good,'' Business Ethics Quarterly (January 1992)	318	(6)
No: John E. Fleming, from ``Alternative Approaches and Assumptions: Comments on Manuel Velasquez,'' Business Ethics Quarterly (January 1992)	324	(4)
Issue 17. Are Sweatshops Necessarily Evil?	328	(28)
Yes: Denis G. Arnold and Norman E. Bowie, from ``Sweatshops and Respect for Persons,'' Business Ethics Quarterly (vol. 13, no. 2, 2003)	330	(22)
No: Allen R. Myerson, from ``In Principle, a Case for More `Sweatshops,''' The New York Times (June 22, 1997)	352	(4)
Issue 18. Should Patenting Life Be Forbidden?	356	(12)
Yes: Jeremy Rifkin, from ``Should We Patent Life?'' Business Ethics (March/April 1998)	358	(6)
No: William Domnarski, from ``Dire New World,'' Intellectual Property Magazine (January 1999)	364	(4)
Issue 19. Should We Export Pesticides to Developing Nations?	368	(15)
Yes: Kenneth E. Goodpaster and Laura L. Nash, from Policies and Persons: A Casebook in Business Ethics, 3rd ed. (McGraw-Hill, 1998)	370	(5)
No: Jefferson D. Reynolds, from ``International Pesticide Trade: Is There Any Hope for the Effective Regulation of Controlled Substances?'' Journal of Land Use & Environmental Law (1997)	375	(8)
PART 6 ENVIRONMENTAL POLICY AND CORPORATE RESPONSIBILITY	383	(41)
Issue 20. Do Environmental Restrictions Violate Basic Economic Freedoms?	384	(21)
Yes: John Shanahan, from ``Environment,'' in Stuart M. Butler and Kim R. Holmes, eds., Issues '96: The Candidate's Briefing Book (Heritage Foundation, 1996)	386	(10)
No: Paul R. Ehrlich and Anne H. Ehrlich, from ``Brownlash: The New Environmental Anti-Science,'' The Humanist (November/December 1996)	396	(9)
Issue 21. Is Bottling Water a Good Solution to Problems of Water Purity and Availability?	405	(19)
Yes: Julie Stauffer, from ``Water,'' Body + Soul (April/May 2005)	407	(4)
No: Brian Howard, from ``Message in a Bottle: Despite the Hype, Bottled Water Is Neither Cleaner Nor Greener Than Tap Water,'' E: The Environmental Magazine (September/October 2003)	411	(13)
Contributors	424	(6)
Index	430