Douglas Rasmussen. Rights: Meta-Norms for Market and Moral Values, Moral Psychology and the Dilemma of Value in Business Ethics

Douglas Rasmussen`s Theory on Norms and Meta Norms on Business Ethics

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Douglas Rasmussen`s Theory on Norms and Meta Norms on Business Ethics

As an applied field of philosophy , business ethics addresses ethical issues

that might occur in daily business operations . In evaluating these issues , it applies ethical principles in weighing decisions and actions in business endeavours . As some scholars have pointed out business ethics can be interchanged with social responsibility Generally , business ethics deals with general moral issues that might occur in the running of everyday business processes - including the relationship between the customer and the producer . The field of study aims at proving answers to questions such as are producers responsible in any way to customers /consumers ? Should there be any restraint when it comes to the business of making profits ? Is there such concept as too much ' when it comes to profit making

One of the prominent philosophers whose work has had immense impact as far as business ethics is concerned is Douglas Rasmussen . In his book Norms of Liberty : A Perfectionist Basis for Non-Perfectionist Politics , he maintained that business ethics can not stand alone Works in business ethics cannot be expected to...