Ethics
People argue that society could successfully live a happy life with the Golden Rule since people will then treat everybody how they want to be treated. However, Rizzo argue that the Golden Rule works with people you know but not with strangers. Furthermore, people requires an substitute rule that could be used when treating with strangers.
Rizzo argue how if people operate according to a belief of "I'm going to to what I think you want" could be dangerous. For example, Rizzo is late to the bus stop and starts chasing the bus, Then the bus driver sees Rizzo and decides to stop and wait for him. Now in this scenario the bus driver who waits is not virtuous but arrogant since he is violating the Rule of Law.
- Now in a commercial society, normally the rule or mantra is "I'll do this for you, if and only if you do something for me. What is the motivations in a market economy: self interest.
Silver Rule
Do not do unto others what you consider unfair or unjust if they did it to you. This rule is used for transactons among strangers.
Moral points for Economics
- It's acceptable if it's with your own money, but it's not acceptable with someone else's money.
- If you run a business like a family your going to destroy the business; if you run a family like a business you are going to destroy the family.
- Running a profitable business requires using soft values, The best businesses treat their employees and consumers well.
-Rizzo
Daniel Gaona
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