An excerpt from the Introduction to How to Be Profitable and Moral By Jaana Woiceshyn.
Jaana Woiceshyn
Jaana Woiceshyn taught business ethics and competitive strategy for over 30 years at the Haskayne School of Business, University of Calgary, Canada, where she is now an emerita professor.
How to Be Profitable and Moral” is her first solo-authored book.
Visit her website at profitableandmoral.com.
Art Gallery Demonstrates The Virtue of Independence
If there is a lesson to be learned from the economic lockdowns governments around the world started imposing on businesses in an attempt to contain the coronavirus pandemic, it is the importance of independence.
Clarity About Business Ethics
Altruism is not the only moral code; there is an alternative that facilitates long-term profit maximization.
To Recover From Economic Lockdowns Embrace Laissez-Faire Capitalism
If we want to recover from the pandemic and the devastation of the government lockdowns, we must embrace the freedom-restoring solution: capitalism.
Why The Government Should Leave Amazon, Google, Facebook, and Apple Alone
Antitrust legislation is an example of the government’s improper use of political power.
Net-Zero Carbon Plans Against Fossil Fuels Ignore Reality
The Canadian government’s net-zero 2050 plan has been aptly criticized for not being feasible because it ignores reality: the lack of necessary technology and the increasing demand for affordable and reliable energy in developing countries around the world.
The Marxist Attack on Business in the Media and the Streets
Although the ideas behind the attacks on business are often not explicitly labeled as Marxist, that is what they are.
Kudos to Trader Joe’s
By rejecting unfounded accusations and standing by its products and their marketing, Trader Joe’s (and indirectly, its customers) displayed all of them—and therefore has earned the designation as a corporate hero.
A Crucial Choice for Business: Conform to Social Pressure or Defend Freedom?
Business—and the rest of us—cannot afford to conform to social pressure but must find the courage to speak up and defend freedom.
Forbes and Cancel Culture vs. Capitalism
Abandoning objectivity—factual reporting—and spreading misinformation, no matter how popular, is not in media companies’ self-interest in the long term.
Businesses Cannot Eradicate The Collectivism of Racism with ‘Reverse Racism’
Only in a society where individual rights are recognized and the government’s sole role is to protect them, will racism be eradicated.
The Creep of Authoritarianism
Why are the governments dictating when and how the economy can re-open?
To Dream The Fossil Fuel Free Dream
Pandemic or not, the dream of abandoning fossil fuels is just a dream—a suicidal one
COVID-19 Pandemic Wake-Up Call: Business Needs a Moral Defense
The COVID-19 pandemic may help by bringing a clearer understanding why business needs a moral defense from its leaders and that such defense must be based on the principle of individual rights.
Why The COVID-19 Economic Lockdowns Must End
A wholesale economic lockdown in a pandemic does not protect but violates rights.
Government Regulation Does Not Make us Safe—Capitalism Does
So which is more effective in keeping us—as customers and employees—safe: the government bureaucrat with no personal incentive, or the businessman, whose profits and reputation depend on the safety and satisfaction of his employees and customers?
De-Globalization vs. Global Capitalism: Lessons From the COVID-19 Pandemic
If we want economic prosperity and human flourishing, we need to understand capitalism and advocate for it globally—and to shun countries like China that continue to violate individual rights.
How a South Korean Biotech Company Created COVID-19 Testing Kits In Three Weeks
To understand how Seegene accomplished the fast development and production of the testing kits, we must grasp the four crucial values at play—values that we cannot afford to lose, even during a pandemic: reason, independent thinking, production, and freedom.
Government Price Control of Pharmaceutical Drugs
The government should have no business in controlling drug prices or regulating drug development.
“Shareholder Capitalism” vs. “Inclusive Capitalism”: A False Alternative
Freeman depicts capitalism as a system where businesses focus on maximizing short-term stock price.
Is Capitalism Dead?
On CEOs celebrating the “death” of capitalism.
The Virtue of Rational Egoism
For the majority of people, virtuous egoism is an oxymoron: they don’t think it is possible to be virtuous and pursue self-interest at the same time.
“Sustainable” Finance
Sustainable finance as imposed through government regulation harms human flourishing by violating the investors’ freedom to choose.
Uber Resists So-Called “Gig Work” Law
The government’s restricting Uber’s, its drivers’ and riders’ freedom of choice is immoral.
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