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Perfect Markets and Easy Virtue: Business Ethics and the Invisible Hand
ISBN: 978-1-557-86248-8
February 1992
Wiley-Blackwell
148 pages
How businesses affect economies and societies
Can companies operate with social responsibility? Perfect Markets and Easy Virtue: Business Ethics and the Invisible Hand scrutinizes the effects of a competitive business market on society. It proposes that perfect competition encourages the creation of products with lower quality by firms that find it hard to be socially responsible. The book also offers potential solutions for the issues businesses are facing, such as being competitive and environmentally friendly.