Business Ethics

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Cardinal Virtues

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Business Ethics

Definition

The cardinal virtues are four principal moral virtues recognized in ancient Greek and Roman philosophy, as well as in Christian traditions. These virtues serve as the foundation for ethical conduct and are considered essential for living a good and virtuous life.

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5 Must Know Facts For Your Next Test

  1. The four cardinal virtues are prudence, justice, temperance, and fortitude.
  2. These virtues were considered central to the ethical framework of ancient Greek and Roman philosophy, particularly in the works of Plato and Aristotle.
  3. The cardinal virtues were later adopted and integrated into Christian moral theology, becoming a fundamental aspect of the ethical teachings of the Church.
  4. Prudence involves the ability to make wise and discerning choices, considering the consequences of one's actions.
  5. Justice encompasses the fair and equitable treatment of others, upholding moral and legal principles.

Review Questions

  • Explain the significance of the cardinal virtues in the context of ancient Greek and Roman ethical philosophy.
    • In ancient Greek and Roman philosophy, the cardinal virtues of prudence, justice, temperance, and fortitude were considered the foundational moral principles that guided ethical conduct and the pursuit of a virtuous life. These virtues were seen as essential for individuals to cultivate in order to achieve eudaimonia, or human flourishing. Philosophers like Plato and Aristotle emphasized the importance of developing and practicing these cardinal virtues as a means of achieving personal and societal well-being.
  • Describe how the cardinal virtues were integrated into Christian moral theology and their continued relevance in modern ethical frameworks.
    • The cardinal virtues were later adopted and integrated into Christian moral theology, becoming a central aspect of the ethical teachings of the Church. Christian thinkers, such as Thomas Aquinas, built upon the ancient Greek and Roman understanding of these virtues and situated them within a theological framework. In this context, the cardinal virtues were seen as essential for achieving moral and spiritual perfection, guiding individuals towards a life in accordance with God's will. Even in modern ethical frameworks, the cardinal virtues continue to be recognized as fundamental principles for living a moral and virtuous life, informing various philosophical and religious traditions.
  • Analyze the ways in which the practice of the cardinal virtues can contribute to the development of ethical business practices in the context of ancient Athens.
    • In the context of ancient Athens, the practice of the cardinal virtues was seen as essential for the development of ethical business practices. Prudence, for instance, would have guided business leaders to make wise and well-informed decisions, considering the long-term consequences of their actions. Justice would have compelled them to uphold fair and equitable treatment of workers, customers, and the broader community. Temperance would have encouraged moderation and self-control in the pursuit of profit, avoiding excessive greed or exploitation. Fortitude would have enabled business leaders to stand firm in the face of adversity or temptation, remaining committed to their ethical principles. By cultivating these cardinal virtues, ancient Athenian businesses could have fostered a culture of integrity, social responsibility, and sustainable economic practices, setting a precedent for modern ethical business frameworks.
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