Lecture Seven (Lectures Five and Six are in Italian) in Biblical and Natural Law, with Sr Helen Alford, PhD (Cantab), Ordinary Professor, Economics and Ethics, Dean of the Faculty of Social Sciences, Pontifical University of St Thomas (Angelicum).
After a brief look at some of the history of business ethics, the paper will focus on three issues: 1) some attempts to bring Thomism and natural law to influence the field of business ethics before the financial crisis of 2008-2009; 2) developments in the field subsequently to the crisis, with a particular focus on the rise of interest in virtue ethics in the main business ethics journals and some of the key players in this; 3) some potential future developments. Perhaps the most important set of developments influencing these changes is the combination of environmental and social crises with emerging results from the fields of genetics, neuroscience and behavioural economics - a kind of "pincer action" that is driving business practitioners and theorists, and then also economists, to reconsider the importance of the tradition of natural law and an ethics of virtue, sometimes in an interreligious perspective.
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