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For Polanyi, the effort by classical and neoclassical economics to make society subject to the free market was a utopian project and, as Polanyi scholars Fred Block and Margaret Somers claim, "When these public goods and social necessities (what Polanyi calls "fictitious commodities") are treated as if they are commodities produced for sale on the market, rather than protected rights, our ...
The novels also references the fictitious entry "Lillian Mountweazel" with the name of the Spiegelman family's dog, Myrna Mountweazel. In Eley Williams's novel The Liar's Dictionary (2020), the protagonist is tasked with hunting down several fictitious entries inserted in Swansby's New Encyclopaedic Dictionary before the work is digitized.
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
Carrier also discusses fictitious commodities, which are things that are not produced in the conventional sense, material or not, and can be appropriated for commercial gain. [ clarification needed ] The conceptual categories of ethicality need to be legible to consumers in order for a consumer to be able to participate in ethical consumption.
Fictitious capital (German: fiktives Kapital) is a concept used by Karl Marx in his critique of political economy. It is introduced in chapter 25 of the third volume of Capital . [ 1 ] Fictitious capital contrasts with what Marx calls "real capital", which is capital actually invested in physical means of production and workers, and "money ...
Ethical socialism is distinct in its focus on criticism of the ethics of capitalism and not merely criticism of the economic, systemic, and material issues of capitalism. [1] When the Social Democratic Party of Germany (SPD) renounced orthodox Marxism during the Godesberg Program in the 1950s, ethical socialism became the official philosophy ...
The function of developing and implementing business ethics in an organization is difficult. Due to each organization's culture and atmosphere being different, there is no clear or specific way to implement a code of ethics in an existing business. Business ethics implementation can be categorized into two groups; formal and informal measures.
Strasnick, T. (1981) "Neo-utilitarian Ethics and the Ordinal Representation Assumption", in Philosophy in economics, edited by J. Pitt, Reidel Publishing. Luetge C., ed. 2013, Handbook of the Philosophical Foundations of Business Ethics. Heidelberg/New York: Springer, ISBN 978-9400714953