KWR: Ralph Lauren Displays Integrity in Scandal, Stay Online When the Power Goes Out, Virtue of Productiveness, Kaizen in Brazil, Classical Liberalism and Evolution, Minimum Wage Laws

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Kaizen Weekly Review highlights activities of The Center for Ethics and Entrepreneurship and recent business ethics and entrepreneurship news.
Editor
: Virginia Murr

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Ralph Lauren Displays Integrity in Bribery Scandal
poloRalph Lauren discovered that one of its subsidiaries had been bribing Argentinian officials. Not only did the company report the violation to the SEC themselves, but it did so knowing that it would have to pay heavy fines for the subsidiary’s actions. According to the company’s attorney, Tom Hanusik, “Ralph Lauren did all the right things in this situation.” Read the article.

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Innovation in Connectivity
brckOur modern-era concern when a storm comes is not that we’ll lose light if the power goes out, but that we will lose the internet. Until now. Ushahidi, a non-profit technology company that builds open source software and digital tools, has created the BRCK, a convenient, portable, and durable device that can “provide failsafe internet connectivity in almost any situation.” Read more about the BRCK in this article from Forbes.

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William Thomas on the Virtue of Productiveness
William R. Thomas is currently a lecturer in the Department of Economics at the University at Albany and the director of programs for The Atlas Society. In this video, Thomas discusses productive work as the central value of life, elements of the virtue of productiveness, and the entrepreneurial concept of responsibility.
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Is Classical Liberalism Compatible with Darwinian Evolution?
darwinian evolution and classical liberalismProfessor Shawn Klein has contributed a chapter to the newly released Darwinian Evolution And Classical Liberalism: Theories in Tension, edited by Stephen Dilley. Klein states that Dilley “has pulled together an interesting and thought-provoking book,” which includes critical and dissenting opinions. Read the abstract of Klein’s chapter.

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Business Ethics Case Study: Minimum Wages
minimum wageStephen Hicks has released another case in his Business Ethics Cases series. This video lecture examines the moral, economic, and political arguments for and against minimum wage laws.

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New Issue of Kaizen Featuring Entrepreneurship in Brazil
loiferman thumbThis issue’s feature interview with entrepreneur André Loiferman, president (CEO) of the construction company Brasília Guaíba, takes us to the south of Brazil and the challenges of infrastructure as Brazil upgrades its airports, roads, ports, and other facilities in preparation for soccer’s World Cup in 2014 and the Olympics in 2016 to be held there. We also report on our recent activities at Rockford University.

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Join Us in Our Mission
The Center for Ethics and Entrepreneurship focuses on the ethical infrastructure of an entrepreneurial society, as we believe that this is essential to human flourishing. Please join us by making a donation today through the PayPal link or send a check via snail-mail. Thank you for your support.


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See you next week!

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