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Public Capitalism : The Political Authority of Corporate Executives / Christopher McMahon.

By: Material type: TextTextSeries: Haney Foundation SeriesPublisher: Philadelphia : University of Pennsylvania Press, [2012]Copyright date: ©2012Description: 1 online resource (216 p.)Content type:
Media type:
Carrier type:
ISBN:
  • 9780812244441
  • 9780812207262
Subject(s): DDC classification:
  • 174/.4 23
LOC classification:
  • HF5387 .M433 2013eb
Other classification:
  • online - DeGruyter
Online resources: Available additional physical forms:
  • Issued also in print.
Contents:
Frontmatter -- CONTENTS -- INTRODUCTION -- 1. THE PUBLIC AND THE PRIVATE -- 2. LEGITIMACY: THE PRIVATE MODEL -- 3. LEGITIMACY: THE PUBLIC MODEL -- 4. MORALITY AND THE INVISIBLE HAND -- 5. PUBLIC MANAGEMENT -- NOTES -- WORKS CITED -- INDEX -- ACKNOWLEDGMENTS
Summary: In modern capitalist societies, the executives of large, profit-seeking corporations have the power to shape the collective life of the communities, local and global, in which they operate. Corporate executives issue directives to employees, who are normally prepared to comply with them, and impose penalties such as termination on those who fail to comply. The decisions made by corporate executives also affect people outside the corporation: investors, customers, suppliers, the general public. What can justify authority with such a broad reach? Political philosopher Christopher McMahon argues that the social authority of corporate executives is best understood as a form of political authority. Although corporations are privately owned, they must be managed in a way that promotes the public good.Public Capitalism begins with this claim and explores its implications for issues including corporate property rights, the moral status of corporations, the permissibility of layoffs and plant closings, and the legislative role played by corporate executives. Corporate executives acquire the status of public officials of a certain kind, who can be asked to work toward social goods in addition to prosperity. Public Capitalism sketches a new framework for discussion of the moral and political issues faced by corporate executives.
Holdings
Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9780812207262

Frontmatter -- CONTENTS -- INTRODUCTION -- 1. THE PUBLIC AND THE PRIVATE -- 2. LEGITIMACY: THE PRIVATE MODEL -- 3. LEGITIMACY: THE PUBLIC MODEL -- 4. MORALITY AND THE INVISIBLE HAND -- 5. PUBLIC MANAGEMENT -- NOTES -- WORKS CITED -- INDEX -- ACKNOWLEDGMENTS

restricted access online access with authorization star

http://purl.org/coar/access_right/c_16ec

In modern capitalist societies, the executives of large, profit-seeking corporations have the power to shape the collective life of the communities, local and global, in which they operate. Corporate executives issue directives to employees, who are normally prepared to comply with them, and impose penalties such as termination on those who fail to comply. The decisions made by corporate executives also affect people outside the corporation: investors, customers, suppliers, the general public. What can justify authority with such a broad reach? Political philosopher Christopher McMahon argues that the social authority of corporate executives is best understood as a form of political authority. Although corporations are privately owned, they must be managed in a way that promotes the public good.Public Capitalism begins with this claim and explores its implications for issues including corporate property rights, the moral status of corporations, the permissibility of layoffs and plant closings, and the legislative role played by corporate executives. Corporate executives acquire the status of public officials of a certain kind, who can be asked to work toward social goods in addition to prosperity. Public Capitalism sketches a new framework for discussion of the moral and political issues faced by corporate executives.

Issued also in print.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 24. Apr 2022)