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Who is Saving Whom: Debunking the business case for ethics

Ulrich Thielemann is a professor of business ethics at the University of St. Galen, Switzerland.
Who is Saving Whom?

Blind faith in the markets must be replaced and bankers brought to a new understanding... Profit making is different than profit maximization... Profit maximization, the perverse foundation of finance capitalism, can lead to mass unemployment as suffered in Greece and Spain today, exploding inequality and loss of social cohesion.

Today, studying economics is a kind of brainwashing. This must come to an end. At least some paradigmatic pluralism is desperately needed in the economics departments...

Ruthless competition that disregards human rights and environmental standards via non-?regulation and the race to the bottom in standards of good corporate conduct must come to an end.

to read Ulrich Thielemann's "Debunking the Business Case for Ethics," 4 pp from April 2011, click on

 http://wer-rettet-wen.org/index.php/en/new-engl/9-english/69-sppech-dr-thielemann

"Crazy Relationships," Ulrich Thielemann, April 2012

 http://www.boeckler.de/36194_40702.htm

homepage: homepage: http://www.freembtranslations.net
address: address: http://www.onthecommons.org


because 27.Oct.2013 21:35

hb

Greece and Spain, and Italy want the Germans to fiance their lifestyle. The Euro is a big disaster as its setup. These countries would be much better off withdrawing from the EU and taking the hit that comes with devaluing their own currency.

The Case against the Business Case and the Idea of "Earned Reputation" 31.Oct.2013 16:01

Ulrich Thielemann and Florian Wettstein

The blind trust in efficient markets must be replaced and bankers given a new understanding. Profit making is not profit maximization. Neoclassical economists believe profit maximization is rational conduct leading to immunizing against ethics and repressing alternatives and system/structural analysis.

Ulrich Thielemann / Florian Wettstein
The Case against the Business Case and the
Idea of "Earned Reputation"
Ulrich Thielemann is Vice Director of the Ins
titute for Business Ethics at University of
St. Gallen.
Florian Wettstein is an Assistant Professor in the Department of Ethics and Business
Law at University of St. Thomas in Minneapolis, Minnesota.
St. Gallen, February 2008

to read the 62pp study published in February 2008, click on

 link to www.mem-wirtschaftsethik.de

More at www.freembtranslations.net