We should seek a system that provides outlets for those skills and talents so that everyone can find a way to work and serve in a manner that best suits the strengths of each individual.
From Lee R. Raymond
The main professional responsibility of a person in business is business.
He or she must be successful in economic terms, but always within an ethical framework. Whether his or her constituency is a corporation and its shareholders or the customers in a small and privately held business, his or her first responsibility is to serve that constituency.
It is important to remember that all business has an impact on the lives of real people.
It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.
A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.
The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system.
In every aspect of life, including the economic dimension, we are always challenged to do the right thing. In many cases in the market system, which allows a great deal of latitude for human choice, people can get carried away to excess.
We have seen that in this country in the last few years, particularly on Wall Street, with the rise of the old human frailty of greed. This occurs when people begin to serve only their own needs to the detriment of everyone else.
There is no system that is inherently moral if the participants themselves are not.
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