Actions for Trust and honesty : America's business culture at a crossroad

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Trust and honesty : America's business culture at a crossroad / Tamar Frankel

Author
Frankel, Tamar
Published
Oxford ; New York : Oxford University Press, 2006.
Physical Description
1 online resource (vi, 253 pages)
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Language Note
English.
Contents
The spreading abuse of trust and deception -- Old and new concerns -- Toward abuse of trust and mistrust -- Toward deception -- Toward a different American culture -- Rising opportunities and temptations -- The shift to weaker morality, weaker law, and stronger market discipline -- The subtle changes in legal doctrine and interpretation -- The shift from professions to businesses -- In markets we trust -- Why did legal enforcement fail to stem the avalanche of fraud? -- Toward an honest society.
Summary
America's culture is moving in a new and dangerous direction, as it becomes more accepting and tolerant of dishonesty and financial abuse. Tamar Frankel argues that this phenomenon is not new; in fact it has a specific traceable past. During the past thirty years temptations and opportunities to defraud have risen; legal, moral and theoretical barriers to abuse of trust have fallen. She goes on to suggest that fraud and the abuse of trust could have a widespread impact on American economy and prosperity, and argues that the way to counter this disturbing trend is to reverse the culture of business dishonesty. Finally, she presents the following thesis: If Americans have had enough of financial abuse, they can demand of their leaders, of themselves, and of each other more honesty and trust and less cynicism. Americans can reject the actions, attitudes, theories and assumptions that brought us the corporate scandals of the 1990s. Though American society can have "bad apples," and its constituents hold differing opinions about the precise meaning of trust and truth, it can remain honest, as long as it aspires to honesty.
Subject(s)
ISBN
9780195343632 (electronic bk.)
0195343638 (electronic bk.)
1423733991 (electronic bk.)
9781423733997 (electronic bk.)
1280560460
9781280560460
019517173X
9780195171730
1602566755
9781602566750
0199924023
9780199924028
Bibliography Note
Includes bibliographical references (pages 239-242) and index.
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