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Ethonomics, Csr, and Sustainability

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Ethonomics, Csr, and Sustainability
Ethonomics, CSR, and Sustainability
I-Lin Lee
Southern New Hampshire University
October 9, 2012
Abstract
With the advance of knowledge, people 's awareness of morality grows gradually. Since the last few centuries, with the society changes constantly, several issues such as moral economy, business ethics, and sustainable development, are derived by degrees and discussed increasingly. As the society is getting wealthier, the corporate social responsibility are not any more decided only by interests and profits in the economic dimension. In order to ensure the realization of sustainability, business, as a primary driver of economic development, must particularly focus on economic ethics and corporate social responsibility, and make efforts to establish the foundations for the community to further development via its own management ability.

Ethonomics, CSR, and Sustainability Ethonomics is a term about combining ethics with economics. Ethics refers to the moral relationship between people and the regulation of the principles and norms that above moral relationships should follow. Ethonomics is an economics developed by means of moral education, and an economic behavior and economic effects reflected by moral qualities status of workers ("Moral Economics," n.d.). There should not be a gap between ethics and economics. People 's economic behavior cannot get rid of the ethical constraints. The economic unethical behavior should be condemned if people harm the interests of others and society just for the simple pursuit of economic interests. Similarly, it should not be advocated if the moral behavior is uneconomic and results in the great squander of social resources. In order to achieve the unity of the people 's behavior in both ethics and economics, it is necessary to make economic analyses on ethical issues and make ethical analyses on economic issues. This is a new field of research of ethics and economics named ethonomics. A Professor of Philosophy of



References: Greenberg, R. (2009, June 22). Ethonomics Explained. Triple Pundit. Retrieved from http://www.triplepundit.com Knight, F Koslowski, P. (2008). Some Principles of Ethical Economy. In C. Christopher, & H. Michaela (Eds.), Trends in Business and Economic Ethic (pp. 39, 46). New York, US: Springer. Lee, K. Y. (2011). Sustainability Commitments: KY 's Message. Retrieved from http://www.qisda.com.tw/page.aspx?uid=45 Moral Economics United Nations. (1987). Report of the World Commission on Environment and Development: Our Common Future. Retrieved from http://www.un-documents.net/wced-ocf.htm United Nations Global Compact Watts, A. (2012, June 19). “Sustainable justice” = redistribution of scarcity. Retrieved from http://wattsupwiththat.com/2012/06/19/sustainable-justice-redistribution-of-scarcity/ -----------------------

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