Models without Morals Toward the Ethical Use of Business.pdf

Models without Morals Toward the Ethical Use of Business.pdf

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EMERGENCE, 5(2), 72–102 Copyright © 2003, Lawrence Erlbaum Associates, Inc. Models without Morals: Toward the Ethical Use of Business Models Michael R. Lissack Kurt A. Richardson To educate a man in mind and not in morals is to educate a menace to society. Theodore Roosevelt We have always known that heedless self-interest was bad morals; we know now that it is also bad economics. Franklin Delano Roosevelt A people that values its privileges above its principles soon loses both. Dwight D. Eisenhower iven the recent revelations concerning illegal and, more importantly, unethical behavior in some of America’s largest and most respected corporations, this would seem to be an Gappropriate time to reconsider ethics in business. This arti- cle represents not so much a completed piece of research, but the beginning of a renewed discussion of ethics in business practice. It begins with a brief presentation of the highly reported recent events indicating the absence of ethics in modern business, and discusses briefly the role that ethics plays— or does not play—in the education of many of our top business people by America’s business schools. Rather than regarding ethics as simply the adherence to a set of universal moral values, this article is concerned with the ethical implications of model use in business and education. We take a complex systems slant on the nature of models and the eth- ical process of boundary identification and representation, which is 72 VOLUME #5, ISSUE #2 essential to the development of models and

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