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Excessive Profits in Business: A Catholic Social Teachings Perspective

   

Added on  2023-06-04

5 Pages997 Words326 Views
Running head: EXCESSIVE PROFITS
Excessive profits
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EXCESSIVE PROFITS 2
Excessive profits (business context)
Many business people around the world may not get it well when the issue of excessive
profits is touched, however, as a student studying business in information system and would like
to venture as a business person; it is essential to elaborate the issue based on the Catholic Social
Teachings. There are two fundamental principles in the Catholic Social Teachings that develop
on how human beings should carry out themselves in various context in reference to Brady,
(2017). In this opinion editorial, it is going to elaborate on the issue of excessive profits in
relation to principles of common good and human dignity. Besides that, the editorial is going to
recommend how people can solve the problem basing the knowledge on the field of business in
information system. The recommendations are directly related to human dignity and the common
good. They will benefit everyone in the community.
From the Catholic Social Teachings, human dignity means the state in which every
human being views each other as a unique creature. By unique creatures, it means that everyone
is treating each other with integrity and respect according to Beyleveld, (2016). One cannot say
that he or she is abiding by the Catholic rules without regard to fellow human beings. Human
beings resemble God in their unique way and going disrespecting or lacking integrity is a sign of
disrespect to the Almighty high. Consequently, the issue of excessive profits is against Catholic
Social Teachings. It shows that the individual lacks integrity and some level of honesty in
reference to Convey, (2015). The people who pay the excess amount to cater for the profits is
fellow human being whom you should act to him or her with integrity. There are various reasons
why business people get excess profits in their business. One of the reasons is the increase in
demand of the goods, a monopoly in the market and lack of a control system that can regulate the
price of products. As a student doing business in an information system, various ways can assist

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