Thursday 18 July 2013

What is the good that a ‘good’ business does?

What is the good that a ‘good’ business does?[1]

Although the title of the book is the good that business does, Robert G. Kennedy in the sixth chapter develops an idea of ‘a good business’.  He is also developing the idea that how business is aiming at the collective or the common good to the people at large. Although the book is aimed at seeking further intercourse between the catholic teaching and business, it also leaves an open space to raise some questions with regard to the theme developed.
It is true that when a business is called good and bad, the same distinction can be applied to other spheres of human endeavor too:  in the field of aesthetics one could speak of a good art and a bad one; in the field of ethics one could speak of a good act and a bad act; in the field of medicine one could speak of a good treatment and a bad treatment or a good medicine or a bad one, at a more larger and wider context one could speak of a good religion and a bad religion as well. I think that it is a good idea [!] to make distinction between good and bad.
I think that there is a difference between asking what is business and a good business. One of the fundamental features of a business is profit-making. Hence one can speak of good that comes out of the profit-making; even within profit making how certain good is contributed to the society.
I am sure that the substantial difference lies in the answer that one gets to these questions.



[1] This article is just a reflection on reading the following book. Cf. Robert G. Kennedy, The Good that Business Does (Acton Institute, 2006). This is not a response to the book. The questions raised here are some spontaneous questions that came to me. It is never intended to review the book, nor to refute what is suggested there.

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