Taking Sides: Clashing Views in Business Ethics and Society

by Newton, Lisa H.

• ISBN13: 9780073527277
• ISBN10: 0073527270
• Edition: 10th
• Format: Paperback
• Copyright: 2007-11-08
• Publisher: McGraw-Hill/Dushkin

Summary

This Tenth Edition of TAKING SIDES: CLASHING VIEWS IN 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.mhcls.com/online.

Table of Contents

Preface	p. v
Introduction	p. xix
Capitalism and the Corporation	p. 1
Can Capitalism Lead to Human Happiness?	p. 2
Yes: Adam Smith, from An Inquiry into the Nature and Causes of the Wealth of Nations, vols. 1 and 2 (1869)	p. 4
No: Karl Marx and Friedrich Engels, from The Communist Manifesto (1848)	p. 12
Can Restructuring a Corporation's Rules Make a Moral Difference?	p. 23
Yes: Josef Wieland, from "The Ethics of Governance," Business Ethics Quarterly (January 2001)	p. 25
No: Ian Maitland, from "Distributive Justice in Firms: Do the Rules of Corporate Governance Matter?" Business Ethics Quarterly (January 2001)	p. 38
Should Corporations Adopt Policies of Corporate Social Responsibility?	p. 54
Yes: Robert D. Hay and Edmund R. Gray, from "Introduction to Social Responsibility," in David Keller, man. ed., Ethics and Values (Pearson Custom Publishing, 2002)	p. 56
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, 4th ed. (Prentice Hall, 1993)	p. 65
Is It a Mistake to Urge Corporate Managers to Be Moral?	p. 72
Yes: John R. Boatright, from "Does Business Ethics Rest on a Mistake?" Business Ethics Quarterly (October 1999)	p. 74
No: Jack Guynn, from "Ethical Challenges in a Market Economy," Delivered to the Scott Symposium on Business Ethics (April 11, 2005)	p. 82
Current Business Issues	p. 91
Is Privatizing Social Security Good Business?	p. 92
Yes: David Altig and Jagadeesh Gokhale, from "Social Security Privatization," Cato Institute, www.cato.org/pubs/ssps	p. 94
No: Thomas N. Bethell, from "What's the Big Idea?" AARP Bulletin (April 2005)	p. 113
Should the States Regulate Appropriate Business Behavior?	p. 120
Yes: Eliot Spitzer, from "Business Ethics Regulation," Vital Speeches of the Day (January 31, 2005)	p. 122
No: Alan R. Yuspeh, from "Strengthening Ethics and Compliance Programs," Vital Speeches of the Day (April 8, 2005)	p. 132
Is Wal-Mart a Good Model for Retail Sales?	p. 143
Yes: Sam Walton with John Huey, from Made in America (Doubleday, 1992)	p. 145
No: George Miller, from "Everyday Low Wages," http://edworkforce.house.gov (February 16, 2004)	p. 152
Does the Enron Collapse Show that We Need More Regulation of the Energy Industry?	p. 158
Yes: Richard Rosen, from "Regulating Power: An Idea Whose Time Is Back," The American Prospect (March 25, 2002)	p. 160
No: Christopher L. Culp and Steve H. Hanke, from "Empire of the Sun: An Economic Interpretation of Enron's Energy Business," Cato Policy Analysis No. 470 (February 20, 2003)	p. 162
Human Resources: The Corporation and Employees	p. 189
Does Blowing the Whistle Violate Company Loyalty?	p. 190
Yes: Sissela Bok, from "Whistleblowing and Professional Responsibility," New York University Education Quarterly (Summer 1980)	p. 192
No: Robert A. Larmer, from "Whistleblowing and Employee Loyalty," Journal of Business Ethics (vol. 11, 1992)	p. 200
Is Employer Monitoring of Employee E-Mail Justified?	p. 209
Yes: Chauncey M. DePree, Jr. and Rebecca K. Jude, from "Who's Reading Your Office E-Mail? is That Legal?" Strategic Finance (April 2006)	p. 211
No: USA TODAY, from "E-monitoring of Workers Sparks Concerns," USA Today Newspaper (May 29, 2001)	p. 215
Is "Employment-at-Will" Good Social Policy?	p. 219
Yes: Richard A. Epstein, from "In Defense of the Contract at Will," University of Chicago Law Review (Fall 1984)	p. 221
No: John J. McCall, from "In Defense of Just Cause Dismissal Rules," Business Ethics Quarterly (April 2003)	p. 227
Is CEO Compensation Justified by Performance?	p. 245
Yes: Ira T. Kay, from "Don't Mess with CEO Pay," Across the Board (January/February 2006)	p. 247
No: Edgar Woolard, Jr., from "CEOs Are Being Paid Too Much," Across the Board (January/February 2006)	p. 255
Consumer Issues	p. 263
Are Marketing and Advertising Fundamentally Exploitative?	p. 264
Yes: John P. Foley, from "Ethics in Advertising," Journal of Public Policy & Marketing (Fall 1998)	p. 266
No: Gene R. Laczniak, from "Reflections on the 1997 Vatican Statements Regarding Ethics in Advertising," Journal of Public Policy & Marketing (Fall 1998)	p. 271
Is Direct-to-Consumer Advertising of Pharmaceuticals Bad for Our Health?	p. 279
Yes: Sidney M. Wolfe, from "Direct-to-Consumer Advertising-Education or Emotion Promotion?" The New England Journal of Medicine (February 14, 2002)	p. 281
No: Alan F. Holmer, from "Direct-to-Consumer Advertising-Strengthening Our Health Care System," The New England Journal of Medicine (February 14, 2002)	p. 286
Was Ford to Blame in the Pinto Case?	p. 291
Yes: Mark Dowie, from "Pinto Madness," Mother Jones (September/October 1977)	p. 293
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)	p. 308
Should We Require Labeling for Genetically Modified Food?	p. 320
Yes: Philip L. Bereano, from "The Right to Know What We Eat," The Seattle Times (October 11, 1998)	p. 322
No: Joseph A. Levitt, from "Statement Before the Health, Education, Labor, and Pensions Committee," United States Senate (September 26, 2000)	p. 329
Global Objectives	p. 339
Are Multinational Corporations Free from Moral Obligation?	p. 340
Yes: Manuel Velasquez, from "International Business, Morality and the Common Good," Business Ethics Quarterly (January 1992)	p. 342
No: John E. Fleming, from "Alternative Approaches and Assumptions: Comments on Manuel Velasquez," Business Ethics Quarterly (January 1992)	p. 348
Should Patenting Life Be Forbidden?	p. 352
Yes: Jeremy Rifkin, from "Should We Patent Life?" Business Ethics (March/April 1998)	p. 354
No: William Domnarski, from "Dire New World," Intellectual Property Magazine (January 1999)	p. 360
Environmental Policy and Corporate Responsibility	p. 365
Do Environmental Restrictions Violate Basic Economic Freedoms?	p. 366
Yes: John Shanahan, from "Environment," in Stuart M. Butler and Kim R. Holmes, eds., Issues '96': The Candidate's Briefing Book (Heritage Foundation, 1996)	p. 368
No: Paul R. Ehrlich and Anne H. Ehrlich, from "Brownlash: The New Environmental Anti-Science," The Humanist (November/December 1996)	p. 378
Is Bottling Water a Good Solution to Problems of Water Purity and Availability?	p. 387
Yes: Julie Stauffer, from "Water," Body + Soul (April/May 2005)	p. 389
No: Brian Howard, from "Message in a Bottle," E: The Environment Magazine (September/October 2003)	p. 393
Should the World Continue to Rely on Oil as a Major Source of Energy?	p. 406
Yes: Red Cavaney, from "Global Oil Production About to Peak? A Recurring Myth," World Watch (January/February 2006)	p. 408
No: James Howard Kunstler, from The Long Emergency (Grove/Atlantic, 2005)	p. 412
Contributors	p. 418
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