Edited
by:
Nicholas Capaldi, Legendre-Soulé Distinguished Chair in Business
Ethics, Loyola University, New Orleans.
Audience:
Business ethicists, Business leaders, religious leaders, theologians,
moral philosophers, political scientists, and readers with an interest in organization
and culture.
Description:
Since the late 1960s
American culture has been involved in a struggle
to articulate an effective business ethics.
The scandals of Enron and WorldCom constitute
egregious examples of the absence or deficiency
of ethical decision-making in matters of commerce.
The purpose of this volume is to inaugurate
a dialogue on the common elements of all three
Abrahamic traditions - Christianity, Islam,
and Judaism - that touch on ethical issues
in business. With more than 40 scholars, religious
and business leaders joining the debate, this
anthology is the beginning of a reconstruction
of the understanding of the relationship between
religion and commerce.
Main
Features:
The following questions are addressed:
- Is a purely secular business
ethics irremediably deficient?
- Does a substantive business
ethic require a religious and spiritual framework?
- To what extent does current
business practice reflect a spiritual dimension?
- What are the various religious
traditions’ perspectives on the ethics
of commerce?
- Can the various religious
traditions generate a non-adversarial, consistent,
and coherent business ethic?
- Is there a role for religion
and spirituality in a global and post-modern
business world?
Reviews:
This book should
be interesting to specialists and libraries, especially at seminaries, schools
of theology, and business schools with an emphasis on business ethics."
Journal of Business Ethics
"In Business and Religion Capaldi accomplishes the goal he set himself: to bring together a variety of viewpoints in a single binding in order to stimulate thought and open up dialogue on a critical component of modern life."
The University Bookman
"Business and religion have existed side-by-side for millennia. As these
essays demonstrate, the co-existence has not always been harmonious. Yet this
book also suggests that the two, understood properly, can be mutually beneficial.
It is a welcome contribution to a growing body of scholarship that seeks to appreciate
more fully the connection between our relationship with God and our work in the
market."
Fr.
Robert A. Sirico,
President, The Acton Institute for the Study of Religion and Liberty
"Serious and accomplished
religious thinkers, philosophers, public policy
specialists, and business people explore the
ways in which commerce can be part of — even
central to — a meaningful, inspired life
in a just, flourishing social order. The writers
do not deny the tensions between faith and commerce,
but seek to show they are exactly that: tensions,
rather than irreconcilable contradictions. They
pave a path to a genuine business ethics, an
ethics appropriate to commercial enterprise instead
of a thinly-veiled political philosophy antipathetic
to it."
Alexei
M. Marcoux,
Graduate School of Business, Loyola University, Chicago
About
the Editor:
Nicholas
Capaldi is the Legendre-Soulé Distinguished
Chair of Business Ethics at Loyola University
in New Orleans, where he also serves as Director
of the Loyola Institute for Ethics and Spirituality
in Business. His principal research and teaching
interest is in public policy and its intersection
with political science, philosophy, law religion,
and economics. He received his B.A. from the
University of Pennsylvania and his Ph.D. from
Columbia University.
Professor Capaldi is the author
of 7 books, over 60 articles, and editor of six
anthologies. He is a member of the editorial
board of six journals and has served most recently
as editor of Public
Affairs Quarterly. He is an internationally
recognized scholar and a domestic public policy
specialist on such issues as higher business
ethics, education, bioethics, affirmative action,
and immigration.
Table
of Contents:
Nicholas Capaldi: Introduction. (Download
a PDF of this chapter)
PART I: ORIGINS AND NATURE
OF THE CLASH
Tibor R. Machan: Can
Commerce Inspire?
Michael C. Maibach: The Virtues of a Commercial Republic.
Mark S. Markuly: Ships Passing in the Night: The Conceptual
Disconnects Between American Christianity and Capitalism.
Stephen V. Arbogast: "Disconnected at the Roots":
How Gaps in Catholic Social Doctrine Impede Dialogue and Action on Economic
Justice.
Art Carden: The Market’s Benevolent Tendencies.
Walter Block: The Jews and Capitalism: A Love-Hate Relationship.
Robert H. Nelson: Doing "Secular Theology:" Business
Ethics in Economic and Environmental Religion.
Kevin E. Schmiesing: Why is There a Conflict Between
Business and Religion? A Historical Perspective.
PART II: REGAINING HISTORICAL
PERSPECTIVE
Peter
A. Redpath: The Metaphysical Foundations
of the Ethics of Commerce.
Seth W. Norton: The
Deutronomic Double Standard: Human Nature and
the Nature of Markets.
William F. Campbell: What
Does America Owe to Florence?
Leonard P. Liggio: Property
in Roman Religion and Early Christian Fathers.
Gary M Pecquet: Perestroika
in Christendom: The Scholastics Develop a Commerce-Friendly
Moral Code.
Joseph Keckeissen: The
Concern of the Church and the Unconcern of
the Free Market.
Harold B. Jones,
Jr.: The "Conflict" Between
Business and Religion: Where Does It Come From?
James R. Wilburn: Capitalism
Beyond the "End of History".
PART III: THREE BRIDGES
Rabbi
Daniel Lapin: An Explanation for Jewish
Business Success.
Rev. John Michael
Beers: The Virtue of Commerce in the
Catholic Tradition.
Imad-ad-Dean Ahmad: Islam,
Commerce, and Business Ethics.
PART
IV: APPLICATIONS. A
Christian (Catholic) Business Ethics.
Rev.
David A. Boileau: Can Theology Help
Us in Applied Ethics?
Jean-Francois Orsini: The
Sources and Spiritual Basis of Catholic Business
Ethics.
Rev. Stephen C.
Rowntree: Calling, Character, Community:
Spirituality for Business People.
James R. Edwards,
Jr.: "Mankind was my Business:" An
Examination of a Christian Business Ethic and
Its Applications to Various Ethical Challenges.
A Corporate Governance.
James Cavill: Corporate
Corruption: How the Theories of Reinhold Niebuhr
and the Ethical Practices of Joseph Badaracco
May Help Understand and Limit Corporate Corruption.
Alejandro Antonio
Chafuen: Corporate Social Responsibility:
A Traditional Catholic Perspective.
Joseph F. Johnston,
Jr.: Natural Law and the Fiduciary Duties
of Business Managers.
Peter Koslowski: The
Common Good of the Firm as the Fiduciary Duty
of the Manager.
Gerald J. Russello: Subsidiarity
as Business Model.
Krishna S. Dhir: The
Hindu Executive and His Dharma.
PART V: GLOBALIZATION
Theodore
Roosevelt Malloch: Spirituality and
Entrepreneurship.
Ryszard Legutko: Business,
Religious Spirituality and the East European
Experience.
E. R. Klein: American
Free Enterprise as an Enterprise in Freedom
Abroad.
Irfan Khawaja: Islam
and Capitalism: A Non-Rodinsonian Approach.
Himanshu Rai: The Role of Hinduism in Global
India and Her Business Ethics.
Celestina O. Isiramen: The African Traditional
Religion’s Business Ethics: A Paradigm for Spirituality in the Global
Business Ethical Standard.
Paul Chandler and Bartolomeu Romualdo: Faith-Correlated
Responses to Rural Assistance in a Globalizing Brazil.
Armando de la Torre: The Worldly Failures
of Liberation Theology.
Samuel Gregg / Globalization: Insights
from Catholic Social Teaching.
CONCLUSION
Gordon
Lloyd: The Archbishop of Canterbury:
On the Facts and Values of Religion and Globalization.
Indices.
Contributors:
Imad Aldean
Ahmad is president of the Minaret of Freedom
Institute, an Islamic think tank in the Washington,
D.C. area.
Stephen
V. Arbogast is treasurer for ExxonMobil
Chemical Company in Houston, Texas.
Rev.
John Michael Beers currently teaches at
Ave Maria University in Naples, Fl. He also
serves as President of the Annecy Institute
for the promotion of Virtue and Liberty.
Walter
Block is the Harold E. Wirth Eminent Scholar
and Endowed Chair and Professor of Economics
at the College of Business Administration of
Loyola University in New Orleans.
Rev.
David Boileau teaches philosophy at Loyola
University in New Orleans.
William
F. Campbell is emeritus professor of economics
at Louisiana State University and currently
serves as secretary of the Philadelphia Society.
Nicholas
Capaldi is the Legendre-Soulé Distinguished
Chair in Business Ethics, at the National Center
for Business Ethics at Loyola University New
Orleans.
Art
Carden is a Ph.D. candidate at Washington
University in St. Louis where he studies economic
history and development.
James
C. Cavill is a retired executive from the
oil industry. He is currently studying religion
at Wilfrid Laurier University in Waterloo,
Ontario.
Alejandro
Chafuen serves on the Boards of several
U.S., European and Latin American institutes
including the Atlas Economic Research Foundation
and the Hispanic American Center of Economic
Research.
Paul
M. Chandler was a Peace Corps volunteer
in Brazil and presently teaches environmental
history, resource conservation and development
challenges at Ball State University in Indiana.
Krishna
S. Dhir is professor of business administration
and dean of the Campbell School of Business
at Berry College in Georgia.
James
R. Edwards, Jr., is principal and co-founder
of Olive, Edwards, & Brinkmann, a Washington,
D.C. public affairs firm.
Samuel
Gregg is director of research at the Acton
Institute and adjunct professor at the John
Paul II Pontifical Institute for Marriage and
the Family within the Pontifical Lateran University
in Rome.
Celestina Isiramen teaches
philosophy, religion, and management studies
at Ambrose Ali University in Nigeria.
Joseph
F. Johnston, Jr., is a partner in the Washington
office of Drinker Biddle & Reath. He also
serves on the Board of the Liberty Fund.
Harold
B. Jones, Jr., is a Methodist pastor and
currently teaches at Mercer University’s
Stetson School of Business and Economics.
Joseph
Keckeissen is a brother of the Salesians
of Don Bosco and professor of economics at
Francisco Marroquin University in Guatemala.
Irfan
Khawaja is adjunct professor of philosophy
at the College of New Jersey, lecturer in politics
at Princeton University, and member of the
Institute for the Secularization of Islamic
Society.
Ellen
Klein was a Fulbright Scholar in Bosnia
and is a professor of philosophy at Flagler
College.
H.
C. Peter Koslowski is a professor philosophy
and the philosophy of management at the Free
University of Amsterdam. He was the founding
director of the Hanover Center for Ethical
Economy and Business Culture.
Rabbi
Daniel Lapin is the president of Toward
Tradition, a noted columnist and the host of
a radio show.
Ryszard
Legutko is professor of philosophy at the
Jagellonian University in Krakow, Poland and
president of the Center of Political Thought.
Leonard
Liggio is executive vice president of the
Atlas Economic Research Foundation, and is
serving this year as president of the Mont
Pelerin Society.
Gordon
Lloyd is a Professor at the School of Public
Policy of Pepperdine University.
Tibor
Machan is a prominent libertarian philosopher
and the R.C. Hoiles Chair in Business Ethics
and Free Enterprise at the Argyros School of
Business & Economics of Chapman University.
Michael
C. Maibach is the vice chairman of the
board of the World Affairs Council of Washington,
D.C. and is the president and CEO of the European
American Business Council.
Theodore
Roosevelt Malloch is chairman and chief
executive officer of the Roosevelt Group, a
leading strategic management and thought leadership
company.
Mark
Markuly is the director of the Loyola Institute
for Ministry.
Robert
Nelson is professor of environmental policy
at the School of Public Affairs of the University
of Maryland.
Seth
W. Norton is Norris A. Aldeen Professor
of Business at Wheaton College.
Jean-Francois
Orsini is founder and president of the
Saint Antoninus Institute of Catholic Education
in Business.
Gary Pecquet is a visiting
assistant professor of economics at Tulane University.
Himanshu
Rai is a professor at XLRI Jamshedpur,
India.
Peter
Redpath is professor of philosophy at St.
John’s University in New York.
Bartolomeu Romualdo is an independent
consultant in Brazil who assisted Paul Chandler.
Rev.
Stephen C. Rowntree, S.J., teaches philosophy
at Loyola University in New Orleans, and he
has spent a number of years in Zimbabwe.
Gerald
J. Russello is senior attorney with the
Securities and Exchange Commission in New York.
Kevin
E. Schmiesing is a research fellow in history
at the Acton Institute in Grand Rapids, Michigan.
Armando de la Torre is professor
of philosophy at Francisco Marroquin University
in Guatemala.
James
R. Wilburn is dean of the School of Public
Policy at Pepperdine University and professor
of strategy in Pepperdine’s Graziadio
School of Business and Management.
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