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Role of the Modern Corporation in a Free Society

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ISBN-10: 026801647X

ISBN-13: 9780268016470

Edition: 1994

Authors: John R. Danley

List price: $46.00
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Description:

Deals with one of the most critical business issues of the century, the question of corporate responsibility. The author reconstructs and critically evaluates the arguments for the maximisation of profits, versus those to be found in the broader context of increased social responsibility.
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Book details

List price: $46.00
Copyright year: 1994
Publisher: University of Notre Dame Press
Binding: Hardcover
Pages: 376
Size: 6.25" wide x 9.25" long x 1.00" tall
Weight: 1.496
Language: English

Preface
Introductionp. 1
The Nature of the Questionp. 5
Ideologies/Business Philosophiesp. 11
The "Is/Ought" Confusionp. 21
Plan of the Studyp. 24
Classical Liberalismp. 27
Minimal Government and Laissez-Fairep. 31
Political Economy and Moral Theoryp. 40
Natural Rights and Social Contractsp. 41
Natural Rights Theoryp. 43
Problemsp. 47
The "Social Contract"p. 51
Actual Contractsp. 54
Tacit Contractsp. 56
Hypothetical Contractsp. 59
The Corporation and the Social Compactp. 69
Classical Liberalism and Utilitarianism: Friedmanp. 75
Polestar: An Initial Formulationp. 80
Polestar and Rule Utilitarianismp. 86
The Ideal and the Actualp. 93
Conventional Rule Utilitarianismp. 98
Ideal Rule Utilitarianismp. 104
Friedman's Positionp. 105
Evaluating the Utilitarian Defense of Classical Liberalismp. 107
The Inadequacy of Utilitarianism as a Theory of Obligationp. 110
Ordinal Measures of Utilityp. 114
Collective Choice Procedures: The Impossibility Theoremp. 117
Paretian Notionsp. 120
Further Limitationsp. 123
Conclusionp. 126
Freedom and Well-Being in the Liberal Traditionp. 127
Utility and Purple Balloonsp. 130
Adam Smithp. 131
Utility and Well-Beingp. 135
Micro-Managerialismp. 141
Revisionist Liberalism and Managerialismp. 146
The Big Change/The New Agep. 154
The Managerial Revolutionp. 163
Managerial Professionalismp. 170
Evaluating Micro-Managerialismp. 179
Descriptive Thesis of Social Responsibilityp. 179
Moral Arguments for Social Responsibilityp. 186
Managerial Discretionp. 198
Macro-Managerialismp. 209
Social Responsibility: The Committee on Economic Developmentp. 210
Keynesianismp. 222
Oligopoly, Monopoly, and Externalitiesp. 230
The Meaning of Corporate Responsibility in a Pluralist Frameworkp. 235
Descriptive Pluralismp. 236
Prescriptive Pluralismp. 248
Managerialism and Prescriptive Pluralismp. 256
Conclusionp. 266
Liberalism and the Corporation: The Challenge of the Global Marketp. 267
Global Competitive Markets and the Transnational Corporationp. 271
Notesp. 289
Bibliographyp. 325
Indexp. 337
Table of Contents provided by Blackwell. All Rights Reserved.