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7 Apr 2024, 9:05 pm by renholding
As Adam Smith recognized in The Theory of the Moral Sentiments, business as an institution depends on certain basic moral principles and understandings.[15] Even in his more famous and influential The Wealth of Nations,[16] Smith recognized that promoting excessively “high profits” for capitalists could undermine the economic wealth and moral well-being of a nation as a whole.[17] In my article, I draw also on the contemporary social philosopher Axel Honneth, who… [read post]