The Golden Rule in Business
1. The competitive principle in industry, operative through the impulse of self-interest, does not give adequate provision for social well being. 2. Nor will the interests of society be adequately cared for by merely securing personal acceptance of the golden rule as a principle of individual conduc...
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
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| Published: |
University of Chicago Press
1923
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| In: |
The journal of religion
Year: 1923, Volume: 3, Issue: 2, Pages: 141-156 |
| Online Access: |
Volltext (JSTOR) Volltext (kostenfrei) |
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| 520 | |a 1. The competitive principle in industry, operative through the impulse of self-interest, does not give adequate provision for social well being. 2. Nor will the interests of society be adequately cared for by merely securing personal acceptance of the golden rule as a principle of individual conduct, since it does not provide specific or accurate knowledge for action in complex business problems, and since there is often necessary for the solution of such problems a control over social structures and conditions that the individual does not possess. 3. But a business man may show his loyalty to the spirit and ideals of the golden rule by devoting his energies to the attainment of the full economic function of his enterprise. In doing this he will recognize (a) that the interaction or causal relation of social institutions requires the betterment of the home and church, the improvement of government and the advancement of education and science; (b) that the social function of industry is performed in the adequate discharge of its economic function; and (c) that the attainment of economic efficiency requires the application of science to all the productive processes, including scientific control over human motivation through regulation of social organizations or stimulations. | ||
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