Pressures China, Jamaica, America Expressed Article, Ethics

¶ … pressures China, Jamaica, America expressed article, ethics play a role decision making financial, environmental, cultural issues? How concepts positive normative economics reflected context? How market efficiency, economizing, market system affect ethical issues? Format paper APA standards.

Ethics and business making

Society has experienced much change in recent years and the business environment has similarly progressed significantly as more and more international players started to get actively involved in expanding their businesses while also putting across cooperating attitudes. Even with this, these bodies are well-acquainted with the fact that their actions reflect negatively on society as a whole in some cases and come to adopt approaches that demonstrate that they are more interested in profits than they are in ethics. Countries like China, Jamaica, and the U.S. are among those who are hesitant about adopting strategies that would reduce the level of pollution they provoke because they know that this would have negative effects when considering their finances.

While ethics would surely bring reform to China, Jamaica, and the U.S., it is difficult for them to abandon their utilitarian thinking and join other international players in caring for the environment and for society in general. These nations have been severely affected by the globalization process and this means that cultural values have gradually come to be ignored as people realized that they were able to earn large profits as a result of exploiting particular parts of the social order.

Normative economics are reflected by the article at points where the writer relates to situations where it would be best for society as a whole for each of these countries to focus on the ethical aspect of actions that they perform with the purpose of increasing their profits. It would be ideal for business decisions to be fueled solely by people's need to act in agreement with ethics rather than being the result of a community's struggle to increase its revenue as much as it possibly can.

Positive economics in the article are reflected by the fact that each country has a tendency to put across similar thinking when trying to justify decisions it makes. All of the three international players appear to feel little to no regret when taking into account actions they perform that are in disagreement with ethics. One is likely to observe how business is not necessarily an environment where ethical values prevail, as individuals in such environments are fueled primarily by profits. Such attitudes make it difficult for them to consider the bigger picture and this means that they act primarily on account of their interest in increasing their earnings.