Why Justice Matters for Business Ethics

business_ethics_highlights_2In the short scholarly article linked below, Smith offers a commentary on Abraham Singer’s 2016 paper, “Justice Failure: Efficiency and Equality in Business Ethics.” >>>

LINK: Why Justice Matters for Business Ethics (by Jeffery Smith for Business Ethics Journal Review [full PDF available for free])

Abstract:
In a recent critique of the so-called “market failures approach” (MFA) to business ethics Abraham Singer maintains that business firms have ethical responsibilities to voluntarily restrain their profit-seeking activities in accordance with the demands of justice. While I ultimately share Singer’s intuition that the MFA has overlooked the importance of justice in business ethics, I argue that he has not presented a fully adequate case to explain why justice-related responsibilities should be assigned to business firms. I conclude by offering a brief – and supportive – alternative to his position.

What do you think?


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