In: Economics
identify and explain necessary conditions for
attribution of moral accountability. give examples for
each.
Answer :
Agency,
accountability, and standing:
An agent is morally accountable for a decision if we should praise
or blame the agent for its results. An entity is morally
considerable, or has moral standing, if we must consider its
interests in our moral decisions.
Causal
responsibility:
Facts about causal responsibility are not as precise as most facts
of science. Some people think causal conditions are necessary
conditions, but these “but for” conditions have difficulty with
over-determination. Some think they are sufficient conditions, but
these have difficulties with situations of joint production that
are analogous to Adam Smith’s pin factory. Some think they are NESS
conditions, but these have difficulty attributing causal
responsibility for committee decisions.
Moral and legal
accountability:
The analogy between moral accountability and legal responsibility
breaks down in case of vicarious responsibility and deep pockets.
Unlike compensation, accountability is not limited in size. Value
judgments about moral accountability are more than just facts about
causal responsibility. Sometimes moral accountability requires
causal responsibility, as in retributive justice, and sometimes it
does not as in judgments about character or motive. Different forms
of ethical reasoning give different reasons for holding agents
morally accountable. These reasons include the decision-maker’s
character, motives, duties, special responsibilities, causal role,
and the welfare consequences of possible assignments of
accountability.
Corporate
accountability:
Some philosophers think that business organizations, such as
joint-stock companies, cannot be morally accountable because they
do not have mental lives. Corporate accountability reduces without
remainder to the accountability of individuals within the
organization. Other philosophers think that there are good ethical
reasons for holding corporations morally as well as legally
responsible for the results of their decisions. For example, we can
talk meaningfully of corporate character. Just because the
corporation is morally accountable, it does not mean that
individuals within the corporation are not also morally accountable
for their decisions and actions.
Moral
standing:
Different forms of ethical reasoning give us ethical reasons to
consider the interests of different beings. For example, experience
utilitarianism gives us ethical reasons to consider the interests
of all sentient beings such as humans and animals. The shareholder
view of moral standing focuses on only one particular, restricted,
ethical consideration, the contractual and promissory relationship
between the management and the owners of a firm. The stakeholder
view of moral standing considers the interest of all those with
whom the firm has explicit or implicit contractual relations. The
comprehensive view of moral standing considers all possible ethical
relationships between the firm and the rest of the world.