Ethics and Economics

Paper Summary:

This paper summarizes the points of the 1948 Universal Declaration of Human Rights, which contains an internationally accepted set of human rights standards and is the foundation of the body of international human rights law that has developed over the past 50 years. Next, by focusing on the Netherlands, the United States and China, the paper looks at how large economically and militarily powerful countries versus small countries have responded to this Universal Declaration of Human Rights.

From the Paper:

"In a Harvard Business Review Abstract, 1993, Andrew Stark concludes in his article on "Business Ethics" that the realities of the business world involve difficult moral choices which ethicists are only beginning to acknowledge. The early works tended to brand managers as either motivated by self-interest or ethics. Today, ethicists are developing more practical concepts and dialogues designed to help managers get through the difficult moral dilemmas."

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