Why does Friedman believe that businessesshouldmaximise profits (i.e. that this is a moral obligation)? 2. Why does
Question:
Why does Friedman believe that businessesshouldmaximise profits (i.e. that this is a moral obligation)?
2. Why does Friedman believe that businessesare forcedtomaximise profits, even if they would rather pursue some other objective?
3. According to Marx (as interpreted by Wolff, 2003), what is alienation of labour and what are the four forms of alienated labour?
Refer to the Prison Sourcing Case Studyto answer the following questions.
4. What is the key ethical issue in thePrison Sourcing Case; as a "should" question - i.e. "Should . . .?"Brieflyanswer this "should'question from:
i. A utilitarian perspective (who are the key stakeholders? How is their utility affected?);
ii. A Kantian perspective (what fundamental rights are at stake?); and
iii. A virtue ethics perspective (are those involved displaying virtues or vices in their actions?).
iv. A Critical Theory perspective (is labour alienated?)