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Capital and Entrepreneurship

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Philosophy of the Economy

Part of the book series: SpringerBriefs in Philosophy ((BRIEFSPHILOSOPH))

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Abstract

While capital stems from the accumulation of the work on nature, entrepreneurship embodies a form of work. Therefore, the criteria for labor analyzed in the previous chapter apply to them. Just as salaries are not the ultimate objective of work, profits are not the ultimate goal of businesses—they are both conditions, not ends. This chapter finally elaborates on business ethics and corporate social responsibility.

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Notes

  1. 1.

    On the notion of “common good”, see Mary Keys (2006).

  2. 2.

    See, for example, Tom Morris’ views (1997), Robert C. Solomon’s Aristotelian approaches, and works by Oliver F. Williams, Patrick E. Murphy, Sherwin Klein, Domenec Mele, Geoff Moore, Robert Audi, Edwin M. Hartman, Ron Beadle, Miguel Alzola, and Alejo Sison.

  3. 3.

    See Chaps. 11,14 and 16.

  4. 4.

    This may be a strong statement for business ethicists, requiring careful and broad discussion, but its debate escapes the purpose of this book.

  5. 5.

    What is often called “superfluous” (not to be confused with what is superficial) is not ethically censurable, but it becomes censurable if prioritized over what is necessary and limitless.

References

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Correspondence to Ricardo F. Crespo .

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Crespo, R.F. (2013). Capital and Entrepreneurship. In: Philosophy of the Economy. SpringerBriefs in Philosophy. Springer, Cham. https://doi.org/10.1007/978-3-319-02648-0_10

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