Ep. 1442 Business and the Just Society: Friends or Foes?

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.8 • 3.3K Ratings

🗓️ 5 July 2019

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

James Otteson is the author of an excellent new book: Honorable Business: A Framework for Business in a Just and Humane Society. He discusses the purpose of business, outlines a sound approach to business ethics, and contends that contrary to popular prejudice, business can play an important role in building a just and humane society. So I ask him, as devil's advocate: can there be a genuine code of business ethics in a market economy? Wouldn't the most unscrupulous earn the highest profits and displace more ethical firms? And as for business firms and "treating people the right way," as Otteson titles one of his chapters, what about businesses whose closures decimate a whole town? Plenty to discuss in this important episode!

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Show notes for Ep. 1442

Transcript

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0:00.0	The Tom Woods Show, episode 1442.
0:03.4	Prepare to set fire to the index card of allowable opinion.
0:08.0	Your daily dose of liberty education starts here, the Tom Woods Show.
0:14.2	Folks, as you know, Alexandria Ocasio-Cortez has been spreading some pretty terrible ideas,
0:19.1	and she's wrong on just about everything.
0:21.1	Well, I've put together the definitive smash of all of it.
0:24.0	The Green New Deal, affordable housing, so-called, free college, high tax rates.
0:29.0	It's in another free e-book, yes, a free e-book called AOC is Wrong, the upside-down world of
0:34.1	Alexandria Ocasio-Cortez.
0:36.3	Grab your free copy at AOCiswrong.com.
0:40.4	Hey everybody, Tom Woods here. Another great book to talk about today with author Jim Audison.
0:45.8	It is Honorable Business, a framework for business in a just and humane society.
0:51.0	Jim's been a guest on this program a number of times before. He's a professor
0:54.4	of political economy at Wake Forest University, where he's also executive director of the
0:59.3	BB&T Center for the Study of Capitalism. He's the author of numerous works. We discussed some of
1:04.5	his work, as I said, in the past, but I was particularly interested in this new book, I believe,
1:09.8	from Oxford. Let me double check.
1:11.6	I am correct.
1:12.4	Oxford University Press, very important for reasons that will become obvious.
1:16.5	Jim, welcome back.
1:17.6	Thank you very much.
1:18.3	It's a pleasure to be with you.
	...

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