Here are the highlights: About retirement age now, Eddy Lepp is one of those guys who never really left Woodstock. Is she using book buyers? Out on his semirural farm, he passed the days smoking joints and listening to Bob Marley music. At his sentencing, the crowd (chanting “free Eddy!”) spilled out into the courthouse hallways. 2. What is a libertarian argument against imprisoning Lepp? It never happened. This level of clarity and solidity is the main strength of an ethics based on duties. How does the right to pursue happiness license Lepp’s Medicinal Gardens? All other trademarks and copyrights are the property of their respective owners. Now, what recourse does boss Madoff have when the casual employee says, “Look, it’s a free country; I can wear whatever I want”? Madoff made millions and lived in luxury while robbing investors; Lepp made enough to scrape by from his ministry and farming enterprises. Thoughts?”, A response comes from middle-aged mom: “Sellers can negotiate multiple offers so there is no reason why a buyer could not make multiple offers on different places. The question of marijuana shoots up right here. First, as businesses become interdependent and globalized, they must pay more attention to quality control, human resources, and leadership in diverse settings. Now, compare this outcome with the guidance offered by Kant’s categorical imperative, the idea that any act must be universalized. What finally helped was a couple of showmen from Las Vegas. Earn Transferable Credit & Get your Degree, Business Ethics & Social Responsibility: Definition & Differences, Environmental Ethics & Human Values: Definition & Impact on Environmental Problems, Unethical Behavior in Business: Definition & Examples, What is Utilitarianism? In the case of Madoff, he may like things as they are, but would he stick with the idea that everything’s fair if he were told that a rearrangement was coming and he was going to get stuck back into the business world at random? Here we’re confronted with a very basic conflict of rights. Elizabeth Larson, “Lepp Sentenced to 10 Years in Federal Prison for Marijuana Case,”. is the duty to tell the truth and not leave anything important out. Today, monopolies are illegal, we have a federally mandated minimum wage, and workers are legally guaranteed the right to form unions. In the mid-1980s in Los Angeles, Somen “Steve” Banerjee and his friend Nick DeNoia pooled money to start a new kind of strip club: men baring it for women. The answer is no. A right, in sum, is something you may do if you wish, and others are morally obligated to permit your action. Under this clause, Madoff could find justification for allowing two distinct rates of return for his clients. Whichever, the reason it comes naturally is because it’s part of our nature. In a laissez-faire economy, business is purely a negotiation between companies and consumers. Stalin sealed the borders and sent troops to destroy all food in the country. also follows from basic freedom. The officer isn’t quite sure how to reply to this, which is understandable. She has something that so few have, it’s a shame to waste it; it’s a kind of betrayal of her own uniqueness. Within a rights ethical theory, the responsibility to respect the life of all individuals. So they get together, set their own targets, and go for them. Ethical behaviour of people doing business is very important in our society. The national Mexican economy would benefit more from AA’s presence than does the US economy. If you watch legal dramas like Law & Order, you’ll hear the … These are protected and enforced by the laws of the state. He threw in technical words like “put” and “call” and left everyone thinking he was either crazy or a genius. When adult investors asked Madoff where the profits came from, what they got was more or less a fairy tale. In a sense, they’re a moral complement to the laws of physics. This dedication does seem like a dutyThe moral obligation to perform an act that is right, regardless of the consequences. Examples of rights-based ethics at work include the Universal Declaration of Human Rights, the Geneva Conventions and the United States' Declaration of Independence, Bill of Rights and Constitution. The ethical duty to ourselves, requiring us to respect our being by not harming or abusing ourselves. is tremendously important in the commercial world. Rights tend to center on the individual and what he or she can do regardless of whether anyone else is around or not. It just makes sense: lying will help you only if you’re the sole liar, but if everyone’s busy taking advantage of everyone else, then there’s nothing in it for you, and you might just as well join everyone in telling the truth. More broadly, when we’re making moral decisions, the key to deciding well is understanding what our duties are and obeying them. They’re all part of a single fabric, and sometimes they pull against each other. The other significant duty to oneself is nearly a corollary of the first: the duty to do ourselves no harmThe ethical duty to ourselves, requiring us to respect our being by not harming or abusing ourselves.. At root, this means we have a responsibility to maintain ourselves healthily in the world. Show how the categorical imperative functions in business. Within a rights ethical theory, the guarantee that individuals and organizations may earn freely and keep what they have made. Ethical responsibilities we hold to ourselves, determining how we live and treat ourselves. But for Kant it’s also a loser because the categorical imperative gives the last word. They had to pay $24 for every $1,000 earned, in comparison to the $1.20 per $1,000 that all the other retailers in Oakland fork over. It just requires that people follow the rules and do their duty. One of the central advantages of a rights ethics is that it clears a broad space for you and me and everyone else to be ourselves or make ourselves in any way we choose. Considering your role in this situation, check the four duties that you. In terms of duties—either the perennial duties or Kant’s categorical imperative—which is more recommendable: keeping the AA plant where and how it is, or moving it to Mexico and cutting the workers’ wages in half? He claims his scheme was his project alone and his children had no knowledge or participation in it, despite the fact that they were high executives in his fraudulent company. The other side of fairness is the requirement to treat unequals unequally. {{courseNav.course.mDynamicIntFields.lessonCount}} lessons The duty to treat others as you would like to be treated by them. Duties tend to be protective in nature; they’re about assuring that people aren’t mistreated. To find performers, they cruised the muscle beaches outside LA. Assuming Lepp was right about those benefits, how could they be combined with a rights-based ethics to justify his activities? No one asks whether it’s real or fake, only whether it’s entertaining. “Hideous”? This implies taking into account that the assistant’s efforts were prolonged and significant, just like Madoff’s, and therefore she should receive a salary more commensurate with his. 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