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Poverty and the role of business

Thesis (MPhil (Philosophy))--University of Stellenbosch, 2008.

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Main Author: Griffiths, Mary Alida
Other Authors: Camerer, Marianne
Format: Thesis
Language:English
Published: Stellenbosch : University of Stellenbosch 2008
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access_status_str Open Access
author Griffiths, Mary Alida
author2 Camerer, Marianne
author_browse Camerer, Marianne
Griffiths, Mary Alida
author_facet Camerer, Marianne
Griffiths, Mary Alida
author_sort Griffiths, Mary Alida
collection Thesis
dc_rights_str_mv University of Stellenbosch
description Thesis (MPhil (Philosophy))--University of Stellenbosch, 2008.
format Thesis
id oai:scholar.sun.ac.za:10019.1/1595
institution Stellenbosch University (South Africa)
language English
last_indexed 2026-06-10T12:43:52.525Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository
publishDate 2008
publishDateRange 2008
publishDateSort 2008
publisher Stellenbosch : University of Stellenbosch
publisherStr Stellenbosch : University of Stellenbosch
record_format dspace
source_str SUNScholar — Stellenbosch University Repository
spelling oai:scholar.sun.ac.za:10019.1/1595 Poverty and the role of business Griffiths, Mary Alida Camerer, Marianne University of Stellenbosch. Faculty of Arts and Social Sciences. Dept. of Philosophy. Poverty Ethics Business Capitalism Poverty -- Moral and ethical aspects Capitalism -- Moral and ethical aspects Ubuntu (Philosophy) Dissertations -- Philosophy Theses -- Philosophy Dissertations -- Applied ethics Theses -- Applied ethics Thesis (MPhil (Philosophy))--University of Stellenbosch, 2008. As poverty continues to impact billions of people across the world – to the extent that millions die daily simply because they are too poor to live – there is a pressing ethical question to ask: Who, if anyone, should be taking moral responsibility to end extreme poverty? The key moral problem that my thesis addresses is that those individuals who should primarily be taking moral responsibility to eradicate extreme poverty because they have the power and thus responsibility to make a real difference are not. My contention is that capitalism as it is currently practiced perpetuates extreme poverty and that the very individuals who have the greatest power to eradicate poverty do not view this as a real ethical challenge nor as their primary responsibility to address. I argue that these individuals are global corporate business leaders and that extreme poverty will only be eradicated when these leaders take moral responsibility to apply capitalism in a far more sustainable way - a way that has continuity for future generations and that is fundamentally just towards all human beings. The practice of sustainable capitalism as a solution to extreme poverty is dependent on a ‘critical mass’ of business leaders acting in a way that displays virtuous moral character and sets the example for others to follow. I will assume as a starting point that global poverty does exist and that people dying of poverty when others have far in excess of their needs cannot be ethically justified, irrespective of which moral theory it is viewed from. My thesis will commence by assessing the virtue of virtue ethics theory in comparison to other moral theories and I will illustrate that virtue ethics theory is most appropriate in addressing the moral problem of extreme poverty because it places moral responsibility firmly on the individual human being rather than on any metaphysical principle or context that exists ‘above’ the individual. In my analysis of the relationship between virtue and justice, I will specifically argue that capitalism as it is currently being practiced is unjust and unsustainable. I will further argue that it does not represent Aristotle’s ideal of ‘the good life’ for all and that the outdated modernist principles on which capitalism is currently premised, need to be challenged. Since global corporate business leaders are both the architects of capitalism as we currently experience it and the greatest beneficiaries of it, they have the corresponding greatest moral responsibility to act to eradicate extreme poverty. Business leaders need to take primary moral responsibility to eradicate extreme poverty through practicing a more just and sustainable form of capitalism that is inclusive of all, balancing society and profit needs. In closing I will propose that the African humanist concept of ‘ubuntu’ provides a unique opportunity in South Africa to inform an ethical consciousness that could underpin a future sustainable capitalist approach and perhaps serve as an example to influence global corporate business leaders. Masters 2008-06-25T09:00:24Z 2010-06-01T08:28:12Z 2008-06-25T09:00:24Z 2010-06-01T08:28:12Z 2008-03 Thesis http://hdl.handle.net/10019.1/1595 en University of Stellenbosch application/pdf Stellenbosch : University of Stellenbosch
spellingShingle Poverty
Ethics
Business
Capitalism
Poverty -- Moral and ethical aspects
Capitalism -- Moral and ethical aspects
Ubuntu (Philosophy)
Dissertations -- Philosophy
Theses -- Philosophy
Dissertations -- Applied ethics
Theses -- Applied ethics
Griffiths, Mary Alida
Poverty and the role of business
title Poverty and the role of business
title_full Poverty and the role of business
title_fullStr Poverty and the role of business
title_full_unstemmed Poverty and the role of business
title_short Poverty and the role of business
title_sort poverty and the role of business
topic Poverty
Ethics
Business
Capitalism
Poverty -- Moral and ethical aspects
Capitalism -- Moral and ethical aspects
Ubuntu (Philosophy)
Dissertations -- Philosophy
Theses -- Philosophy
Dissertations -- Applied ethics
Theses -- Applied ethics
url http://hdl.handle.net/10019.1/1595
work_keys_str_mv AT griffithsmaryalida povertyandtheroleofbusiness