Year: 2024
Type: article
Abstract: Endörfer and Larue (2022) argue that Joseph Heath’s Market Failures Approach to business ethics (MFA) implies a demandingness dilemma: under conditions of imperfect competition, they argue, the MFA is either too demanding, if requiring that firms should seek to generate Pareto efficiency or “social optima”, or not demanding enough, if it gives up on social optima and focus instead on incremental Pareto improvements. I argue the MFA can be combined with an excusability principle to overcome the problem of over-demandingness. Since this means the MFA can hold on to the obligation to promote social optima, the under- demandingness problem too is avoided, and the dilemma is solved.
Source: Business Ethics Journal Review
DOI: 10.12747/j1k04
Author: Espen Stabell
Language: English
Subfield: Information Systems and Management
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4405611246