July
  2005


ABOUT US

The Edmund Rice Business Ethics Initiative, launched in 1991, exists to promote a conversation between business and the community on values and ethics: promoting life humanly in our businesses, our communities, our planet. It aims to create a space where these issues can be discussed and researched in mutually supportive ways. It seems to promote better communication for the sake of better outcomes for us all.

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“Corporate sponsored creation of disease”
Viagra is well known in the general community as THE drug when dealing with male impotence and erectile dysfunction. It has helped make drug company Pfizer millions of dollars in profits during recent years. But with the introduction of several competitors into the market, Pfizer is having to focus on encouraging people to move from taking a pill occasionally to regular and ongoing use of the drug.

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IR reforms: the debate continues
The ACTU has begun its campaign against the Howard Government's IR reforms with a bang, but the Government has now waded in, hampered somewhat by the lack of detail of the proposed legislation.

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Legal, but is it ethical?
Law firms are facing tougher competition with negative growth predicted for the next 12 to 18 months according to Corrs Chambers Westgarth chief executive John Denton. (Australian Financial Review [AFR] 23 June, p. 6). As a result, firms are becoming leaner and meaner, jettisoning unprofitable areas and people. Partners are being more closely monitored for individual profitability, behavioural problems; “under-performers” and “dead wood” are being “cut away”.

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How common is the common good?

Social good, the common good do not mean the same as the "greatest good for the greatest number" or the sum of individual goods. The idea comes out of a social and communal image of living the good human life.
Neil Ormerod

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  Robert Fitzgerald
» 'GOOD' BUSINESS, Philosophy and the Bottom Line
··“Corporate sponsored creation of disease”
··IR reforms: the debate continues
··Legal, but is it ethical?
··How common is the common good?
This newsletter is a publication of the Edmund Rice Centre and the Trustees of the Christian Brothers. While all reasonable attempts have been taken to ensure that the information in this newsletter is correct and that opinions and points of view are in accordance with the purpose of the Business Ethics Initiative, the Edmund Rice Centre and the Trustees of the Christian Brothers do not guarantee its accuracy nor should anything contained in the newsletter be treated as professional advice. The Edmund Rice Centre and the Trustees of the Christian Brothers do not necessarily endorse or recommend any opinions, individuals or organisations which are linked to, or mentioned in, this newsletter.