A Quote by Anil Ambani
The question is where are business ethics and morality if one of the parties wants to dishonor a binding contract, just because in retrospect it realizes it could perhaps have got a better price!
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I don't think we should just 'muddle through' and ignore the question of life's meaning. Or better, perhaps, I don't think it is a question that can be ignored once the business of asking about the worth and significance of what one is doing - one's work, one's pleasures, one's ambitions and so on - has got going. You can't at any point stop the urge to ask Tolstoy's questions, '... and then what?', 'What's the point of that?'.
At times, it appears easy to sermonise on morality and ethics. But morality and ethics appear good only when applied to others, never on oneself.
Using the phrase business ethics might imply that the ethical rules and expectations are somehow different in business than in other contexts. There really is no such thing as business ethics. There is just ethics and the challenge for people in business and every other walk in life to acknowledge and live up to basic moral principles like honesty, respect, responsibility, fairness and caring.
When you make a film, you sign a contract with somebody, and it's not only legally binding but morally binding. You agree to give this man a certain number of weeks of your life, and you just go for it as much as possible. Because, whatever happens, the film is going to come out, so you might as well try very hard to make it a good one.
A marriage contract to me is as binding as any in business, and I have always believed in sticking to an agreement.
There's no such thing as business ethics; there's just ethics. And ethics makes no concessions for the real or imagined necessities of making a profit.
A smart contract is a mechanism involving digital assets and two or more parties, where some or all of the parties put assets in, and assets are automatically redistributed among those parties according to a formula based on certain data that is not known at the time the contract is initiated.
We're always projecting our moral categories on things. I think that's inevitable. But capitalism places no particular value on morality. Morality in the market is enforced by contract and regulation and law, because morality is understood to be in conflict with the motive force of greed and accumulation.
You're damn right we need a rational code of morality and ethics. But not much progress can be made in that direction while we've still got a majority ranting about gods, devils, souls, and absolute morality, and using an ancient book written by ignorant nomads as a guide.
If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
Human beings function better if they are deceived by their genes into thinking that there is a disinterested objective morality binding upon them, which all should obey.
There can be no question of holding forth on ethics. I have seen people behave badly with great morality and I note every day that integrity has no need of rules
If I didn't have the wrestling name that I have, I wouldn't have gotten the financial contract that I got with Strikeforce or the long-term contract or the television contract. That's all because of wrestling.
I have tended to speak out on the issues that are in the purview of my professional expertise - business ethics, corporate ethics, and government ethics.
It's because I work in ethics, and, more specifically, applied ethics, that I think it's important that if you have things to say that you think are right and you think could make the world a better place, it's important that many people read about them.
Contract law is essentially a defensive scorched-earth battleground where the constant question is, "if my business partner was possessed by a brain-eating monster from beyond spacetime tomorrow, what is the worst thing they could do to me?"
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