Lesson 6 The Classical Philosophers

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LESSON 6:

THE CLASSICAL PHILOSOPHERS


WHAT IS ETHICS?

•IS A DIVISION OF PHILOSOPHY THAT WAS DERIVED FROM


THE GREEK WORD ETHOS (which can mean habit, custom,
character of disposition). IT IS A SYSTEM OF MORAL
PRINCIPLES CONCERNED WITH WHAT IS GOOD FOR
INDIVIDUALS AND SOCIETY.

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ETHICS FROM PHILOSOPHERS

•SOCRATES
•PLATO
•ARISTOTLE
•CONFUCIUS

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SOCRATES
A person’s happiness depends
on how he deals with other
people in a virtuous way.

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How can a person be ethical?

•The first is to be aware of the value of life,


that one has to live in harmony with others. A
matured person is not gauged through his age
but through his ability to understand the
feelings of others, to do responsible acts, to
be aware that whatever his actions are can
affect other people whether positive or
negative
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PLATO
stated that virtue was sufficient for
happiness, that there was no such
thing as "moral luck" to grant
rewards.

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Plato maintains that virtue is equated to human
well-being which is the highest aim of moral
thought and conduct.

• As to his philosophy in business, two key elements


are “market” and social contract”. Practices and
laws of any given society provide the environment
which makes doing business possible and
rewarding.

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ARISTOTLE
Aristotle’s book, Politics explicitly points
out that usury is an unethical practice
because the profit is derived from the
currency itself not in the process of
business through exchange of goods and
services.

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• As early as during the time of Aristotle, he vividly
outlines economic relations, commerce and trade
under the heading of the household. His principles
and the corresponding problems of trade, exchange,
property, acquisition, money and wealth are
applicable to the modern era.

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The philosophical teachings of Confucius particularly
on business are embodied on 5 principles.

• The first of these is “the way to perceive crisis”


• Secondly, Confucius stressed on the importance of
“Guanxi” (interpersonal relationships) which to the
Chinese is treated as a second currency.
• The third principle gives importance on strategy and
preparation as very important in business for
sustainability.

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The philosophical teachings of Confucius particularly
on business are embodied on 5 principles.

• Fourth, Success in business does not mean amassing


much profit since righteousness outweighs profit.
Business is considered successful as long as there is no
loss.
• Fifth, the moral teachings of humility. For a person to fit
himself into the organization and be worthy of the
expectations of the organization.

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Philosophers believe that the
source of ethics are the following:

(1) God and religion because both teach that the only source of moral rules
is God;
(2) Human conscience and intuition.
(3) A rational moral cost-benefit analysis of actions and their effects.
(4) The example of good human beings. This simply means role-modeling.
(5) A desire for the best for people in each unique situation.
(6) Political power.

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ETHICS, therefore

covers the different aspects of our life – the decision


how to live a good life that concerns the person’s
rights and responsibilities, the dealings with other
individuals and the community, the way one uses his
language and more importantly, the moral decisions –
thinking and abiding on what is good and bad.
Thank You!

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