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The social value of business: lessons from political economy and process philosophy
journal contribution
posted on 2023-05-17, 12:52 authored by Neesham, C, Dibben, MIn this study we consider the role of business management in delivering good in society, from the perspective of the philosophical work of Adam Smith, Karl Marx and Alfred North Whitehead. We find that Whitehead’s process explanations of the nature of experience and consciousness articulate meaningfully with Smith’s idea of ‘self-love’ and Marx’s conceptualisation of ‘rich-experience’. As a result, we argue that business practice must reconnect with society in a more appropriate understanding of a good as something beyond a mere economic entity. Using principles of process thought, we make recommendations as to how this might be achieved in daily management practice.
History
Publication title
Research in Ethical Issues in OrganizationsVolume
8Pagination
63-83ISSN
1529-2096Department/School
TSBEPublisher
EmeraldPlace of publication
UKRights statement
Copyright 2012 Emerald Group PublishingRepository Status
- Restricted