John Meriwether and the Promethean Hero: A Cautionary Tale in Financial Ethics

Ethicists typically understand unethical actsto be those that either violate social normsand mores or that prevent people fromdeveloping the character needed to thrive. This paper looks to a classical source – the mythof Prometheus' creation of man – to explore analternative understanding of wh...

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Autor principal: Koehn, Daryl (Author)
Tipo de documento: Recurso Electrónico Artigo
Idioma:Inglês
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Publicado em: Springer Science + Business Media B. V 2002
Em: Teaching business ethics
Ano: 2002, Volume: 6, Número: 1, Páginas: 27-43
Outras palavras-chave:B Evil
B Prometheus
B Hubris
Acesso em linha: Volltext (lizenzpflichtig)
Descrição
Resumo:Ethicists typically understand unethical actsto be those that either violate social normsand mores or that prevent people fromdeveloping the character needed to thrive. This paper looks to a classical source – the mythof Prometheus' creation of man – to explore analternative understanding of what it means toact unethically. On this classical view,acting in an evil fashion is less a matter of asingle violation of some norm or of developingan unwholesome character and more a matter ofworldview or outlook. Evil enters the worldwhen humans cease to understand themselves inrelation to the divine and cast themselves asgods. The rise and fall of the Long-TermCapital Hedge Fund (LTCM) and its legendaryfounder John Meriwether nicely illustrates thehuman attempt to supplant the gods and itsuntoward consequences.
ISSN:1573-1944
Obras secundárias:Enthalten in: Teaching business ethics
Persistent identifiers:DOI: 10.1023/A:1014254523503