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The Ethics of Competition

How a Competitive Society is Good for All Christoph Lütge, Chair of Business Ethics, Technical University of Munich, Germany
The concept of competition is frequently regarded with ambivalence. While its champions wholeheartedly endorse it for reasons of efficiency, critics believe competition undermines ethics. They denounce competitive thinking, call for modesty in profit-making, and rail against economisation. However, Christoph Lütge argues convincingly that intensified competition can work in favour of ethical goals, and that many criticisms of competition stem from an inadequate understanding of how modern societies and economies function. The author illustrates his view with examples from ecology, healthcare and education, and concludes with a call for more entrepreneurial spirit.
Extent: c 136 pp
Hardback Price: $99.95 Web: $89.95
Publication Date: February 2019
ISBN: 978 1 78897 298 7
Availability: Not yet published
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  • eISBN: 978 1 78897 299 4

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  • Business and Management
  • Business Ethics and Trust
  • Economics and Finance
  • Competition Policy
  • Political Economy
  • Politics and Public Policy
  • Political Economy
Countering the claims that competition contradicts and undermines ethical thought processes and actions, Christoph Lütge successfully argues that competition and ethics do not necessarily have to oppose one another. He highlights how intensified competition can in fact work in favour of ethical goals, and that many criticisms of competition stem from an out-dated understanding of how modern societies and economies function.

Illustrating this view with examples from ecology, healthcare and education, the author calls for a more entrepreneurial spirit in analysing the relationship between competition and ethics. This book delivers important arguments for the ethics of innovation, using a combination of theoretical and practical evidence to support it.

Researchers and scholars of economics, business, philosophy and politics will greatly benefit from the fresh interdisciplinary perspectives and thorough exploration of the complex relationship between modern competition and ethics.
Contents: Introduction 1. Competition: Terminology and Concepts 2. The Ethical Role of Competition 3. Is Life a See-Saw? Zero-Sum Thinking and Moderation 4. Competition and Ecology 5. Competition and Education 6. Competition in Health and Nursing Care 7. Competition, Politics, and Media 8. Competition in our Daily Lives 9. Conclusion Bibliography Index