Each week, I write an education moment for a group. I wade through a number of ideas and material before I find something of interest.
This week, I discovered the wonderful works of Stephen R. C. Hicks. Hicks is a professor of Philosophy at Rockford College (Illinois).
I am increasingly convinced that many of the challenges faced by businesses and entrepreneurs come down to their understanding of philosophy. Every entrepreneurial trait has its moral foundation in ethics. Hicks brief paper and low cost (99 cents) should make it a fun lunchtime read that gets you thinking.
Entrepreneurship is increasingly studied as a fundamental and foundational economic phenomenon. It has, however, received less attention as an ethical phenomenon. Much contemporary business ethics assumes its core application purposes to be (1) to stop predatory business practices and (2) to encourage philanthropy and charity by business. Certain predation is immoral and charity has its place in ethics, neither should be first concerns of ethics. Instead, business ethics should make fundamental from the values and virtues of entrepreneurs- i.e., those self responsible and productive individuals who create value and trade with others to win-win advantage.”