Assignment: Domain of Theology
Assignment: Domain of Theology
Assignment: Domain of Theology
ethical issues related to business were often discussed within the domain of theology or philosophy or in the realm of legal and competitive relationships. Religious leaders raised questions about fair wages, labor practices, and the morality of capitalism. For example, Catholic social ethics, expressed in a series of papal encyclicals, included concern for morality in business, workers’ rights, and living wages; for humanistic values rather than materialistic ones; and for improving the conditions of the poor. The Protestant work ethic encouraged individuals to be frugal, work hard, and attain success in the capitalistic system. Such religious traditions provided a foundation for the future field of business ethics.
The first book on business ethics was published in 1937 by Frank Chapman Sharp and Philip G. Fox. The authors separated their book into four sections: fair service, fair treatment of competitors, fair price, and moral progress in the business world. This early
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10 Part 1: An Overview of Business Ethics
TABLE 1–1 Timeline of Ethical and Socially Responsible Concerns
1960s 1970s 1980s 1990s 2000s
Employee militancy Bribes and illegal contracting practices
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Discussion Questions (DQ)
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