The Ethics of Entrepreneurship | The Entrepreneurism Series #1 | Stephen Hicks

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CEE Video Channel

CEE Video Channel

2 місяці тому

In this article, Dr. Hicks shows how the qualities of entrepreneurship form a code of ethics.
It begins with an examination of three different ways to live life: charity, predation and entrepreneurism. It then identifies the qualities of entrepreneurs and shows how their activities express a code of virtues.
In business, entrepreneurs have their own vision and take the initiative in making it real. What if we extend that mind-set and action-set to all of life? In this series we explore what Entrepreneurism means for business, education, romance, and life in general. You Are the Entrepreneur of Your Life.
Here is a link to the article: www.stephenhicks.org/wp-conte...
Timestamps:
1:02 Three character Types
3:31 Which of the three is most moral?
5:15 Section 2: The Entrepreneurial Process
6:00 Generates business ideas
6:49 Ambition
7:15 Initiative
7:43 Guts
7:59 Perseverance
8:37 Trial and error
9:02 Productivity
9:24 Win-win trade
10:50 Success
11:23 Section 3: Virtues of entrepreneurship
12:39 Rationality
13:13 Pride
14:02 Integrity
14:36 Courage
14:59 Independence
15:25 Objectivity
15:55 Honesty
16:02 Productiveness
16:18 Justice
17:00 Flourishing or happiness
18:42 Section 4: An entrepreneurial code of ethics
20:20 Entrepreneurial ethics vs. current business ethics
22:18 A free society
24:48 Creativity, productivity and trade
Stephen R. C. Hicks, Ph.D., is Professor of Philosophy at Rockford University, USA, and has had visiting positions at Georgetown University in Washington, D.C., University of Kasimir the Great in Poland, Oxford University’s Harris Manchester College in England, and Jagiellonian University in Poland.
Other links:
Explaining Postmodernism audiobook: • Explaining Postmoderni...
Nietzsche and the Nazis audiobook: • Nietzsche and the Nazi...
Playlists:
Education Theory: • Education Theory
Entrepreneurship and Values: • Entrepreneurship and V...
Nietzsche: • Nietzsche

КОМЕНТАРІ: 5
@pondering1716
@pondering1716 2 місяці тому
More interesting than the title would suggest
@BlessedFigTree
@BlessedFigTree 2 місяці тому
The Atlas Society Business Ethics book helped shape my business, appearance to others is the hardest part of all this. Politeness and charity are two sticking points that get us in hot water in rural Wisconsin where we moved to see if our ideas have merit. It is working slowly, but I believe in the values of classical liberalism you put forward. I'm scared I will never be as good as I could be to put my ideas into action, so I have to work harder to overcome my own limitations daily. The ideas are spreading even if my business fails, and these ideas might be a game changer in a stagnant local economy like Antigo.
@ralphhancock7449
@ralphhancock7449 2 місяці тому
All very noble and good sounding, if those traits snd virtues were consistently present, but when entrepreneurs face a sticky situation and their virtues aren't enough to overcome it, normal amoral business comes in to play. Business is amoral to the extent that practical enterprises aren't perfect, aren't totally guided by principles, aren't consistent nor omniscient. Buchanon's lament just highlights the reality of imperfect pragmatics. Don't confuse your idealized entrepreneur traits and virtues with real world imperfections. Its nice to pursue noble practices, but highly improbable that you can actually stay with it. I recommend that you design your perfect enterprise model (and consequent political decisions) with 'good , but imperfect humans' in mind. "Don't let the perfect be the enemy of the good."
@CuriousCattery
@CuriousCattery 2 місяці тому
What is your proposed alternative to striving for moral perfection? To have guiding principles but only some of the time because after all humans are flawed?
@ralphhancock7449
@ralphhancock7449 2 місяці тому
@@CuriousCattery I agree that striving has to be ever present. But I don't think that is effective most of the time. It gets messy...especially in an organization impinged by diverse forces.. and the resulting competing obligations. A recent (27 May 2022) paper in the Journal of Business Ethics discussed at length a "paradox of ethics: why people in good organizations do bad things". As I alluded to in my comment, we aren't omniscient, and bad things happen even when we think we're doing good. I'm not proposing we lower our standards, just recognise that we shouldn't oversimplify the practical problems that those standards reveal.
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