Philosophy

Philosophy courses inquire into the nature of things, particularly values and ethics. Ethics are standard that govern human conduct. Ethical concerns go directly to the existence of organizations and what constitutes proper behavior within them. For instance, the liberty ethic ( John Locke) proposes that freedom, equality, justice, and private property are legal rights; the Protestant ethic (John Calvin) encourages to be frugal, work hard, and attain success; and the market ethic (Adam Smith) argues that the market and competition, not government, should be the sole regulators of economic activity. These ethics have shaped today's organization by providing a basis for legitimate authority, linking rewards to performance, and justifying the existence of business and the corporate form.