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Guiding Principles of Jewish Business Ethics

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  • Green, Ronald M.

Abstract

This discussion develops six of the most important guiding principles of classical Jewish business ethics and illustrates their application to a complex recent case of product liability. These principles are: (1) the legitimacy of business activity and profit; (2) the divine origin and ordination of wealth (and hence the limits and obligations of human ownership); (3) the preeminent position in decision making given to the protection and preservation (sanctity) of human life; (4) the protection of consumers from commercial harm; (5) the avoidance of fraud and misrepresentation in sales transactions; and (6) the moral requirement to go beyond the letter of the law. Although these Talmudic principles are clearly obligatory only for “Torah-obedient†Orthodox and Hasidic Jews, many Jews share a sensibility informed by them. Non-Jews, too, may be instructed by Jewish teachings about business ethics.

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  • Green, Ronald M., 1997. "Guiding Principles of Jewish Business Ethics," Business Ethics Quarterly, Cambridge University Press, vol. 7(2), pages 21-30, March.
    • Handle: RePEc:cup:buetqu:v:7:y:1997:i:02:p:21-30_00
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    Cited by:

    1. Harry Buren & Michelle Greenwood, 2013. "The Genesis of Employment Ethics," Journal of Business Ethics, Springer, vol. 117(4), pages 707-719, November.
    2. Graafland, J.J. & Kaptein, M. & Mazereeuw, C, 2007. "Conceptions of God, normative convictions and socially responsible business conduct: An explorative study among executives," MPRA Paper 20280, University Library of Munich, Germany.

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