Self-study
passage 3
P1
Many people complain about corporations, but there are also those whose criticism goes further and who hold corporations morally to blame for many of the problems in Western society. █████ █████████ ██ ███ ████████ ██████ ███ ██████████ ██ ███████ ████████ ███████████ ███ ███████ ██ ███ █████ █████████ ████████ ██ ██████ █████████ █████ ██ ████ ████ ████████ ███████ ███████ ██████ ██ ███████ ████ █████████ ████ ██████████ ██ ███ ██████ █████ ███
Some people's view ·
Corporations are immoral when they ignore their impacts on the public good
Economists' view ·
Shouldn't apply ethics to economics
P2
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Context ·
Corporate responsibility
Corporations aren't inherently moral/immoral. Instead, corporate responsibility is made up of employees' individual responsibilities.
Context ·
Corporate structure
CEO has obligation toward corporation's owners
P3
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Economists' view ·
One responsibility of CEO: maximize profits
Meets CEO's obligation to owners and also serves public good
P4
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Author's criticism ·
Economists are wrong
Premise ·
Maximizing profits doesn't always serve public good
E.g.: maximizing profits for paper mill can harm public good
Premise ·
Public good outweighs obligation to maximize profits
CEO should serve public good even when it's not in owners' interest
Passage Style
Critique or debate
Analysis by AlbertGauthier
18.
The discussion of the paper ████ ██
a
offer an actual ████ ██ █████████ █████████ ████████
b
refute the contention ████ ████████████ ██ ███████ ███████████ ████████ ███ ██████
c
illustrate that ethical ████████████ ██ ████████████ █████ ██ █████████ ██ ███████
d
demonstrate that corporations ███ ███████████ ███ ████ ██████ ████
e
deny that corporations ███ ███████ ██ ██████ ███████