Cite JOURNAL ARTICLE
Wirtschaftsethik als Synthese von ökonomischer und ethischer Theorie
Antwort auf Hans-Peter Weikard
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 110 (1990), Iss. 2 : pp. 277–281
The reply on Weikard's discussion paper emphasizes the necessity to reach a synthesis of ethical and economic judgments in the ethics of the economy. The ethics of the economy or business ethics cannot allow as „ethical economy" that its categorial framework be restricted either solely by economic theory and game theory or solely by philosophical ethics. This is demonstrated by two issues, by the problem of those sideeffects or externalities that actions bear on the acting person himself and by the question which role ethical definitions of reality by the individuals play in the economic institutions shaped by economic, ethical and cultural expectations about the behavior of the acting persons.