Taking Sides: Clashing Views in Business Ethics and Society, 12th Edition

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Taking Sides: Clashing Views in Business Ethics and Society, 12th Edition

ISBN-13: 978-0-07-352735-2 See more

Author(s): Newton, Lisa; Englehardt, Elaine; Pritchard, Michael

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ISBN-10 0-07-748768-0, ISBN-13 978-0-07-748768-3

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ISBN-10 0-07-352735-1, ISBN-13 978-0-07-352735-2

Author(s): Newton, Lisa; Englehardt, Elaine; Pritchard, Michael

Publisher: McGraw-Hill Higher Education

Description

Taking Sides volumes present 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 or challenge questions. Taking Sides readers feature an annotated listing of selected World Wide Web sites. An online Instructor’s Resource Guide with testing material is available for each volume. Using Taking Sides in the Classroom is also an excellent instructor resource. Visit www.mhhe.com/takingsides for more details.

Preface, v

Correlation Guide, xv

Introduction, xvii

UNIT 1. CAPITALISM AND THE CORPORATION, 1

Issue 1. Can Capitalism Lead to Human Happiness?, 2

YES: Adam Smith, from An Inquiry Into the Nature and Causes of the Wealth of Nations, vols. 1 and 2b (1869), 4

NO: Karl Marx and Friedrich Engels, from The Communist Manifesto (1848), 12

Issue 2. Is Risk the Best Theory for Capitalism?, 23

YES: Simon Johnson and James Kwak, from “The New World of Financial Risk,” Financial Executive (January/February 2009)., 25

NO: Barry Eichengreen, from “The Last Temptation of Risk,” The National Interest (May/June 2009), pp. 8–14, 32

Issue 3. Is Increasing Profits the Only Social Responsibility of Business?, 40

YES: Milton Friedman, from “The Social Responsibility of Business Is to Increase its Profits,”New York Times Magazine (September 13, 1970)., 42

NO: Michael E. Porter and Mark R. Kramer, from “Creating Shared Value: How to Reinvent Capitalism—and Unleash a Wave of Innovation and Growth,” Harvard Business Review (January/February 2011), pp. 63-70, 48

Issue 4. Can Individual Virtue Survive Corporate Pressure?, 60

YES: Robert C. Solomon, from “Victims of Circumstances? A Defense of Virtue Ethics in Business,” Business Ethics Quarterly (January 2003), 62

NO: Gilbert Harman, from “No Character or Personality,” Business Ethics Quarterly (January 2003), 77

Issue 5. Can Ethics Codes Build “True” Corporate Ethics?, 86

YES: Eric Krell, from “How to Conduct an Ethics Audit: An Ethics Audit Can Reveal Gaps in Your Ethics Policies and Practices,” HR Magazine (April 2010), pp. 48–51., 88

NO: Greg Young and David S. Hasler, from “Managing Reputational Risks: Using Risk Management for Business Ethics and Reputational Capital,” Strategic Finance (November 2010), pp. 37–46, 92

UNIT 2. CURRENT BUSINESS ISSUES, 105

Issue 6. Was the Financial Industry Responsible for the Economic Meltdown of 2008?, 106

YES: John C. Bogle, from “A Crisis of Ethic Proportions,” Wall Street Journal (April 21, 2009), 108

NO: Lloyd C. Blankfein, from Permanent Senate Subcommittee on Investigations (June 2010), 110

Issue 7. Should the Government Be Responsible to Bailout Financial Institutions to Avert an Economic Disaster?, 114

YES: Roger Lowenstein, from The End of Wall Street (Penguin Press, 2010), pp. 273–284, 116

NO: Robert J. Samuelson, from “The Perils of Prosperity,” Newsweek (Feb. 10, 2010), cited in The Great Infl. and Its Aftermath: The Past and Future of American Affl. (R.H., 2010), 124

Issue 8. Are the Risks of Derivatives Manageable?, 128

YES: Justin Welby, from “The Ethics of Derivatives and Risk Management,” Ethical Perspectives (vol. 4, no. 2, 1997), 130

NO: Thomas A. Bass, from “Derivatives: The Crystal Meth of Finance,” The Huffington Post (May 5, 2009), 139

Issue 9. Should Price Gouging Be Regulated?, 144

YES: Jeremy Snyder, from “What's the Matter with Price Gouging?” Business Ethics Quarterly (vol. 19, no. 2, April 2009), 146

NO: Matt Zwolinski, from “Price Gouging, Non-Worseness, and Distributive Justice,” Business Ethics Quarterly (vol. 19, no. 2, April 2009), 162

UNIT 3. HUMAN RESOURCES: THE CORPORATION AND EMPLOYEES, 173

Issue 10. Does Blowing the Whistle Violate Company Loyalty?, 174

YES: Sissela Bok, from “Whistleblowing and Professional Responsibility,” New York University Education Quarterly (Summer 1980), 176

NO: Robert A. Larmer, from “Whistleblowing and Employee Loyalty,” Journal of Business Ethics (vol. 11, 1992), 184

Issue 11. Is Employer Monitoring of Employee Social Media Justified?, 192

YES: Brian Elzweig and Donna K. Peeples, from “Using Social Networking Web Sites in Hiring and Retention Decisions,” SAM Advanced Management Journal (Autumn 2009), pp. 27–35, 194

NO: Eric Krell, from “Privacy Matters: Safeguarding Employees' Privacy Requires an Effective Policy, Sound Practices and Ongoing Communication” HR Magazine (February 2010), pp. 43–46, 208

Issue 12. Is “Employment-at-Will” Good Social Policy?, 213

YES: Richard A. Epstein, from “In Defense of the Contract at Will,” University of Chicago Law Review (Fall 1984), 215

NO: John J. McCall, from “A Defense of Just Cause Dismissal Rules,” Business Ethics Quarterly (April 2003), 221

Issue 13. Is CEO Compensation Justified by Performance?, 239

YES: Ira T. Kay, from “Don't Mess with CEO Pay,” Across the Board (January/February 2006), 241

NO: Edgar Woolard, Jr., from “CEOs Are Being Paid Too Much,” Across the Board (January/February 2006), 248

UNIT 4. CONSUMER ISSUES, 255

Issue 14. Should Advertising Directed at Children be Restricted?, 256

YES: Stephanie Clifford, from “A Fine Line When Ads and Children Mix,” The New York Times (February 14, 2010), 258

NO: Patrick Basham and John Luik, “A Happy Meal Ban is Nothing to Smile About,” cato.org (November 9, 2010), 260

Issue 15. Should Homeowners Employ Strategic Default Options with Mortgages?, 264

YES: Roger Lowenstein, from “The Way We Live Now: Walk Away from Your Mortgage,” The New York Times Magazine (January 10, 2010), 266

NO: Rick Moran, from “The Ethics of ‘Walking Away' from Your Mortgage,” The Moderate Voice (February 4, 2010), 269

Issue 16. Should We Require Labeling for Genetically Modified Food?, 274

YES: Philip L. Bereano, from “The Right to Know What We Eat,” Seattle Times (October 11, 1998), 276

NO: Joseph A. Levitt, from “Statement of Joseph A. Levitt” (September 26, 2000), 282

UNIT 5. GLOBAL OBJECTIVES, 293

Issue 17. Are Multinational Corporations Free from Moral Obligation?, 294

YES: Manuel Velasquez, from “International Business, Morality, and the Common Good,” Business Ethics Quarterly (January 1992), 296

NO: John E. Fleming, from “Alternative Approaches and Assumptions: Comments on Manuel Velasquez,” Business Ethics Quarterly (January 1992), 302

Issue 18. Are Sweatshops an Inhumane Business Practice?, 306

YES: Denis G. Arnold and Norman E. Bowie, from “Respect for Workers in Global Supply Chains: Advancing the Debate over Sweatshops,” Business Ethics Quarterly (January 2007), 308

NO: Gordon G. Sollars and Fred Englander, from “Sweatshops: Kant and Consequences,” Business Ethics Quarterly (January 2007), 317

Issue 19. Should Patenting Genes Be Understood as Unethical?, 330

YES: Miriam Schulman, from “Of SNPS, TRIPS, and Human Dignity: Ethics and Gene Patenting,” BioProcess International (January 2003), 332

NO: Annabelle Lever, from “Ethics and the Patenting of Human Genes,” The Journal of Philosophy, Science and Law (vol. 1, November 2001), 337

Issue 20. Should the World Continue to Rely on Oil as a Major Source of Energy?, 355

YES: Red Cavaney, from “Global Oil Production about to Peak? A Recurring Myth,” World watch (January–February 2006), 357

NO: James Howard Kunstler, from The Long Emergency (Grove/ Atlantic, 2005), 361

Contributors to This Volume, 366

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Taking Sides: Clashing Views in Business Ethics and Society, 12th Edition

ISBN-13: 978-0-07-352735-2 See more

Author(s): Newton, Lisa; Englehardt, Elaine; Pritchard, Michael

Price Information

Additional product details

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