Corporate Machiavellianism and Macintyrian Capitalism: The Battle for the Soul of Business

Agbude Godwyns Ade, Ogunwede Joseph Kayode, Wogu Ikedinachi, A.P. and Godwyns-Agbude Joy

International Journal of Management Sciences, 2014, vol. 4, issue 9, 397-405

Abstract: The pursuit of profit and business success has always been the goal of CEOs and many business practitioners. This has further led to the devaluation of the human person in many business practices. This global economic system can best be described as the reinvention of the ―Hobbessian Jungle‖ that is described as the state of ‗war of all against all‘ (bellum omnium contra omnes), and a state of ‗man becoming wolf to man‘ (homo lupus homini). The present economic arrangement bequeaths on us a state where man is involved in constant economic war of self-survival to the detriment of other peoples‘ happiness and wellbeing. That the business world embodies its own morality different from other practices is the final conclusion of some ethicists. Therefore, this paper, with the use of appropriate secondary data, critically examines the fundamental strategy of the corporate world with particular attention placed on the recurrent battle between ―Corporate Machiavellianists‖ and ―MacIntyrian Capitalists‖. Alasdair MacIntyre‘s intellectual-moral intervention is worthy of critical assessment in any interpersonal relationship, the corporate world inclusive. Alasdair MacIntyre‘s theory of virtue forms the basis of interrogating unethical business practices generated from the loopholes in the capitalist economic system. This paper concludes by recommending the emergence of virtuous corporations or MacIntyrian capitalists.

Keywords: Corporate Machiavellianism, MacIntyrian capitalism; Virtue and Vice; ethics and Development (search for similar items in EconPapers)
Date: 2014
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