Do you think capitalism is compatible with a sense of ethics, or is another system better suited for it?

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One of our professors in a Brand Management class told us, when running a business you don't think whether or not to sacrifice an ethical concern, but which one to sacrifice when.

From my own experience, ethical awareness/wokeness by companies is just a marketing gimmick.

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I think that for decades, capitalism encouraged a system of corporate governance that was singularly based on shareholders...do whatever is good for shareholders, nothing else matters. That philosophy has led to very short term thinking...whatever drives up the stock price today, or drives up a quarterly revenue number, is what matters. I think that's wrong...and that capitalism is evolving toward a much more nuanced, multiple stakeholder approach that will encourage longer term thinking...and more ethical decisions. So I don't think there's necessarily a better system suited for ethics, but I do think capitalism needs to continue to evolve and encourage/reward more ethical corporate behavior.

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What are the ethical standards a corporation should use as it's North Star?

Should these standards govern how businesses treat employees, competitors, regulations, and/or lobbying activities?

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Does the ambit and application of ethics vary per the rank and profile of an employee in the organization? For instance what would be an ethical take on the Amazon VP quitting over virus firings?

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What are your thoughts on company setting minimum pay rate expectations for a specific title and role, being promoted to that role, and not receiving the increased pay rate?

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Discrimination question. I’ve been passed for several job opportunities in the last 4 years. Every single time the job is given to a male who’s older than me, despite my qualifications being more in line with the job. Is it worth it to make a discrimination claim? I already know HR won’t help me but should I contact an attorney?

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Can a company that is seemingly unethical incorporate ethics into its operations? Take Exxon for an example - can it ever become ethical?

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From what I understand, ethics is separate from legal. Legal violations have consequences, ethical violations don’t. What’s the point of ethics if there are no consequences? Sure when it’s convenient to be ethnical, everyone will be. It only matters when it’s not convenient. So should there be ethics set up with consequences like loss of job that applies evenly for everyone in the company including the CEO? Should their be financial consequences set up for smaller violations?

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American's hyper-individual culture causes a lot of professionals to lie, steal, and cheat to be the best at their craft.

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Hi everyone, wanted to come back and talk about the work environment at the Washington Redskins/Football Club -- the Washington Post story was pretty jaw dropping. One troubling angle was the use of NDAs to stifle victims. NDAs have for too long enabled bad behavior to continue, and it's time companies pledged to stop using NDAs in settlements with victims -- the coverup is worse than the bad acts. I think Warren torpedoed Bloomberg's campaign due to his use of NDAs. Thoughts?

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Signing off...thank you all for such an engaging conversation today and the nice words about a tough Airbnb day. Reach out to me on Linkedin to stay in touch, and I'll stop back in the bowl soon! Rob

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Why do unethical businesses often succeed? How can “ethical” leadership stand on a moral high ground while not being able to reward their employees to the degree that “unethical” businesses can?

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Covid Vaccine ethics: you are in charge of a country that has a huge marginalized community (proven to be disproportionately impacted by Covid). If you were in charge of coming up with a vaccination distribution prioritization schedule, what groups would would you prioritize first and why?

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There is a fair amount of psychology used in advertising - however, psychology is a field of medicine; medical ethics dictates fully informed consent of a patient before use of medical techniques.

If people are unaware of the basics of Neurolinguistic Programming, they can’t consent to be subjected to psychological techniques. If someone is a minor, they cannot consent to be subjected to psychological techniques.

How does one remain competitive without violating psychological ethics?

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I feel like we talk a lot about ethics in business from a liberal standpoint - but what if that Colorado baker just really didn't want to make a cake for a gay wedding because they don't believe in equal marriage?

Like who gets to decide what’s moral and what’s ethical?

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Do you think with so many businesses barely getting by now with the pandemic that we will see more and more sacrifice ethics for survival?

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