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Ethical Implications in the Socio-Economical Life

Ion Hirghiduş
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Ion Hirghiduş: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2009, vol. 9, issue 2, 5-12

Abstract: Concern for the morality of economic life is relatively recent and involves the need to implement ethical codes that prevent violation of rules of conduct. The Socio-economical sphere is marked by profound transformations that shape a particular kind of rationality. The ethical rules can also be found under this kind of rationality. Apparently these rules hinder the economical processes, but in reality respecting the economical rule, leads to the increase of trust between economical actors. Hence, these actors are required to be aware of the ethical rules according to which their activity needs to be guided. These rules constitute mere moral determinations in public life.

Keywords: ethics; economical ethics; socio-economical life; public life; public welfare; clients’ welfare; personal welfare; profession; professionalism (search for similar items in EconPapers)
Date: 2009
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