In the opinion of some, the egoism perspective as described in Business Ethics: Ethical Decision Making & Cases by O. C. Ferrell Table 6-1 (P. 157) of your text cannot be justified because of the belief that there are times when we need to set aside the idea of maximizing our own individual self-interest for the sake of the common good (as Mr. Whinney, owner of Theo Chocolate did in the video clip from discussion 07.1 above). Furthermore, some would argue that it is individuals following the egoism philosophy that are responsible for the ethical misconduct and abuses that have led to the corporate scandals of recent years that have damaged the economy.

You are invited to either support or refute this position. Please be sure to give justification for your answer. Pointing to examples can be a helpful tool in providing justification for your position. (Your grade for this discussion will not depend on the position you take in the argument, but rather, that youve provided clear and rational justifications in your response.)