Originally Posted by Regit
Although I do not really understand what you meant by "make absolutes", I can find where you might have contradicted yourself: "Morals do not enter into economics." I don't know about you, but this sounds kind of "absolute" to me.
I did not "make absolute" in the sense that economics is only about morality; I said that it does involve morality. In fact I mentioned politics, legal systems, and social behaviour, and also that morality is a "fundamental element" (not the only element) belonging to these concepts. That's four different branches of social science for you- so, no, I did not make absolute.
And "usually always"?
Could you please point me to my statement that contradicts this case. I cannot seem to find an absolute statement I have made suggesting that there are no immoral business practises. Perhaps you meant this one: "there is no economics without morals." Unless you missed the explanation that comes immediately before this statement, you would understand that it means: without morality, the science of economics would not exist, or at least not be what we know it. Furthermore, do not confuse business with economics; there are a lot more to economics than business practices and their good and evil. And do not confuse moral with good and nice. Here's some help for you from my dictionary.
Economics: the branch of knowledge concerned with the production, consumption, and transfer of wealth/ The branch of social science that deals with the production and distribution and consumption of goods and services and their management.
Moral -Origin Latin, from mos 'custom': standard of behaviour, or principles of right and wrong.
If you made your statement: "Morals do not enter into economics" with these definitions in mind, then I hope you have realised clearly why you are wrong. If you did not have these in mind, then you did not have any scientific intentions at all; because both concepts "moral" and "economics" have a great deal of science behind them.
Yes, Enron was a business with many illegal practices. But those CEOs were also prosecuted, weren't they? Does not the fact that they were punished show that the legal, political, and economic systems to which they belong do not tolerate their behaviour? Yes, that means that there are imperfections within an economic system; but it does not mean that morals "do not enter into economics."
Because "moral" is the key concept to major branches of philosophy, many of which involve fundamental mathematics and economic ideologies. Without the reasoning on morality of Plato, Descartes, Kant, Marx, etc, the science of economics would not be like it is today. Thus, they teach it in school(University) because if you do not study it, you do not know it. And if you do not know it, you cannot help developing it; and you would also make fundamental mistakes when you choose to employ such science to support your arguments.
We agree on this point. Moreover, I did not ask to be corrected; I asked for an explanation of this: To which you have avoided replying for a while. But if you wish not to comment further, I will respect it and will not ask you further questions regarding this statement. Thank you.