Humanities and Cultural Studies: Competition facilitates more solidarity than sharing

30/03/2009
Humanities and Cultural Studies: Competition facilitates more solidarity than sharing

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Episode Synopsis

Ethics are a resource in the “competitive environment”, states business ethics
expert Professor Karl Homann. He urges companies to include frequently overlooked ethical risks as a factor in their calculations, and considers it their duty to take responsibility for the framework of business rules. Within this framework, runs his thesis, profit motives also enhance general welfare. Given these premises, he believes that competition facilitates more solidarity than sharing.