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"Aristotle On Business Ethics" Is A Short Essay On The Ideas Of Aristotle And How They May Apply To The Business Ethics Which We Hold Today.

1023 words - 4 pages

Aristotle on Business EthicsHow much emphasis is placed on morality and ethics when involved in business? Most will answer with the mindset that ethics and morality are essential in business; however do they reflect their answer in their actions? This question of the importance of morality and ethics in business applies to more than just the world's businessmen and women. The minds of millions of people all over can relate to this subject of business ethics because it is simply one's interaction with money-making. It is not unusual for such business-involved individuals to admit that the decisions made by he or she are based on benefits, especially profit. For the great philosopher, Aristotle, benefits in business do not equate to happiness.The ideal life is one which is full of happiness. People today are living under the false impression that happiness may be achieved through wealth. This is an understandable misconception; look at the wealthy celebrities. Happiness looks easily attainable when one is worth 48 million dollars and is able to use that money on whatever he or she desires. When one's desires are met, is he or she then happy? Is it even true happiness? Probably not since satisfied desires are only bringing more fulfillment. Aristotle proves this belief of wealth being the key to eudemonia with his idea of what "good" is. His philosopher belief is that everything that human beings pursue is good, whether it is an activity or product of an activity. These activities or products which are pursued are either for the sake of it or the sake of something else. Aristotle teaches that the one thing that is pursued entirely for the sake of it is eudemonia, or happiness. Wealth is sought for because of what it allows as it can be used to achieve and from this it can be stated that happiness is not reached with money. "Money is a means, not an end" (Sahakian, 34). The dominate outlook on business ethics is that first and foremost one must reach his or her required income of money before considering morality and ethics in business. This idealistic look on morality goes against the pragmatic realist views of Aristotle.One of the first issues Aristotle would confront today is that of truth in the business world. For some reason, using truth to negotiate business is unheard of. All transactions are laced with lies. Before even discussing the effect truth has on the business world, the effect it has on oneself is great. When human beings lie, their self-confidence fades because they begin to feel that their own ideas are not as worthy or effective as the lies they have told and have had great results with.Not only does truthfulness have a great impact upon oneself, but also whatever business is being run. It is known that a majority of management teams will keep things from the rest of the company or employees. The public is aware as fraud and scandals have occurred often. Aristotle would most likely suggest the management team share their knowledge...

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