LEADER 03682nam 2200709 a 450 001 9910452940603321 005 20200520144314.0 010 $a1-283-89870-5 010 $a0-8122-0726-2 024 7 $a10.9783/9780812207262 035 $a(CKB)2550000000707686 035 $a(OCoLC)824733537 035 $a(CaPaEBR)ebrary10642183 035 $a(SSID)ssj0000787176 035 $a(PQKBManifestationID)11440548 035 $a(PQKBTitleCode)TC0000787176 035 $a(PQKBWorkID)10812752 035 $a(PQKB)10781915 035 $a(MiAaPQ)EBC3441848 035 $a(MdBmJHUP)muse19125 035 $a(DE-B1597)449609 035 $a(OCoLC)1013938851 035 $a(OCoLC)979684881 035 $a(DE-B1597)9780812207262 035 $a(Au-PeEL)EBL3441848 035 $a(CaPaEBR)ebr10642183 035 $a(CaONFJC)MIL421120 035 $a(EXLCZ)992550000000707686 100 $a20120126d2013 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPublic capitalism$b[electronic resource] $ethe political authority of corporate executives /$fChristopher McMahon 205 $a1st ed. 210 $aPhiladelphia $cUniversity of Pennsylvania Press$dc2013 215 $a1 online resource (215 p.) 225 0 $aHaney Foundation Series 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-8122-4444-3 320 $aIncludes bibliographical references (p. [193]-197) and index. 327 $t Frontmatter -- $tCONTENTS -- $tINTRODUCTION -- $t1. THE PUBLIC AND THE PRIVATE -- $t2. LEGITIMACY: THE PRIVATE MODEL -- $t3. LEGITIMACY: THE PUBLIC MODEL -- $t4. MORALITY AND THE INVISIBLE HAND -- $t5. PUBLIC MANAGEMENT -- $tNOTES -- $tWORKS CITED -- $tINDEX -- $tACKNOWLEDGMENTS 330 $aIn 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. 606 $aBusiness ethics 606 $aExecutives 606 $aPolitical ethics 606 $aCapitalism 608 $aElectronic books. 615 0$aBusiness ethics. 615 0$aExecutives. 615 0$aPolitical ethics. 615 0$aCapitalism. 676 $a174/.4 700 $aMcMahon$b Christopher$f1945-$0141060 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910452940603321 996 $aPublic capitalism$92484630 997 $aUNINA