"Living a fully ethical life involves doing the most good we can." - Peter Singer
"Common sense is not so common." - Voltaire
“There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.” ― Søren Kierkegaard

Monday, June 13, 2016

Morality in business: Oxymoron?

By Elfren S. Cruz
The Philippine Star
Updated May 26, 2016

Here is an excerpt:

Today, the Filipino businessman like  business leaders around the world, are confronted with moral questions that cannot be decided simply on the basis of what is “good for the company.” There is the issue of the minimum wage vs. the living wage that institutions like the Catholic Church have been advocating for more than a century. Then there is the issue of contractualization and the continuing practice of hiring “casuals” who will be laid off after a few months work and then rehired again to avoid giving them regular status.

Tax evasion and money laundering through tax havens in places like the British Virgin Islands are now considered as an integral part of doing business. And when transparency about financial transactions and bank accounts are demanded, businessmen object on the basis of the “right to privacy.”

The article is here.
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