Business Ethics

Written Assignment Module 4

Business Ethics

1. Export capital for production abroad:

According to Shaw and Barry, deciding what sort of economic arrangements would best promote human happiness requires the utilitarian to consider many things. It is unethical to export capital for production abroad because this capital can be used for production facilities domestically and by exporting this capital, the opportunity is available for local and domestic use is restricted.

Each person is to have an equal right to the most extensive total system of equal basic liberties compatible with similar system of liberty for all. I believe the principle is saying that we should be free as possible to set the course of our own lives. 

Social and economic inequalities are to satisfy two conditions. First, they are to be attached to positions and offices to open to all under conditions of fair equality of opportunity; and second, they are to be to the greatest expected benefit of the least advantaged members of society. I believe the idea is that social and economic inequalities are not wrong, or bad, in themselves. They only become indefensible when they don't operate to improve the position of the worst off. The capital should be used for purposes, which benefit the domestic market and does not in any way hamper the domestic necessity. Once capital is exported then the entire purpose of being available domestically is lost.

2.Export commodities, which have been banned from sale in the United States:

Any commodity that has been banned for sale in the USA should be banned by all countries. These commodities cannot be sold by any country as one country has banned it .It is totally unethical to export these goods which are banned in to be made available to people irrespective of market and profits and is against the ethical lenses of the golden rule of ethics and utilitarianism. Shaw and Barry say rule utilitarianism maintains that the utilitarian standard should be applied...