Group Presentation - 2/2
4th class summary
EE Traps 21 to 24 talks about defensive traps. Trap 21 is about Anger as the way to annihilate the guilt. Author argues that hostility and anger are two ways to squelch empathy and guilt. Enron case is used as an example. Trap 22 talks about going numb to hide emotions and reject any feelings towards subject. Trap 23 talks about use of alcohol to suppress emotions and avoid facing the problem or guilt. Trap 24 is abut desensitization by repeating the issue on hand. Trap Traps 25 to 32 talks about minimizing - for example, trap 25 "reduction words" give an example from Martha Stewart case where she defended her action by saying that the issue on hand was minor compared to her overall wealth. Trap 26 "renaming" is about the use of benign words to replace words that have negative feelings. For example, marketing strategy was quoted as being the replacement of lying. Trap 27 and 28 talks about Advantageous comparisons and zooming out to lesson ones guilt by comparing against something worst. Similarly, zooming out is to justify action comparing against larger view. Trap 29 justify wrong action as "everybody does it" trap. Trap 30 talks about the risk of getting caught is inversely correlated with chance of wrong doing. Higher the risk, lower we tend to abide by law and ethics. Trap 31 "we didn't hurt them that bad" is justifying act by minimizing amount of harm occurred. Trap 32 is about "self-serving bias" by justifying that the wrong doing that the subject was not directly involved. This defense act is often associated by our tendency to blame others. Trap 33 is about "Addiction" trap that most people become addicted to an activity because of short-term benefits. We often tend to get addicted on maiming immediate goal getting out-self trapped into "addiction" trap. Trap 34 is about " coworker reaction" trap that we tend to continue and accept unethical behavior if none condemn such actin, for example,by coworker, immediate manager etc. Trap 35, 36 and 37 are defensive traps such that we tend to stick with our "established impressions" even the result and evidence contradict with our impressions. Similarly, "contempt for the victim" trap let us follow unethical behavior the more we tend to dehumanize others.
Higher taxes on the wealthy to help the poor? Not according to libertarian philosophy. The libertarian philosophy believes that taxing the wealthy to assist the poor is a violation of individual liberty and human freedom. (Sandel)
Libertarianism is a political philosophy that has liberty as the primary objective. While there are varying degrees of libertarianism, there is a shared belief to maximize autonomy and freedom of choice.
- Government regulation- belief that government's role should be to protect our Constitutional rights.
- Laws to protect people from harming themselves (i.e. seat belt laws, helmet laws)
- The coercive force of law to promote notions of virtue or to express the moral convictions of the majority.
- Any law that requires some people to help others (i.e. taxation for the redistribution of wealth)
- Believe in the fundamental right to liberty.
- Minimal state limited to enforcing contracts to protect people against force, fraud and theft.
A FEW LIBERTARIANS IN BUSINESS TODAY
- Jeff Bezos- Amazon CEO. Calls himself a Libertarian and recently contributed 2.5 million to support Washington State's gay marriage law in 2012.
- Patrick Byrne- Overstock CEO. Self-described libertarian and 2011 supporter of Occupy Wall Street.
- John Mackey- Whole Foods CEO. Self-described libertarian and known for opposition to President Obama's Healthcare reform.
ADDITIONAL QUESTIONS FOR THOUGHT?
- How would your current role change if you approached your business from a libertarian perspective?
- Is Libertarian Philosophy relevant to business today?
- Who do helmet laws ultimately effect and who should decide? (Click button below)