Excessive Profits and Catholic Social Thought: A Business Ethics Essay

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Added on  2023/06/05

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This essay, written by a student pursuing a Diploma in Business Information System, addresses the ethical issue of excessive profits in the business world. It frames the problem within the context of Catholic Social Thought, emphasizing the importance of human dignity and the common good. The essay argues that excessive profits violate these principles and proposes solutions such as implementing regulatory systems to monitor pricing, educating both consumers and business owners about ethical practices, and prohibiting the hoarding of goods. The author highlights the need for collective action, advocating for consumer awareness and ethical business conduct to combat the exploitation of consumers. The essay draws on various references to support its arguments and offers a perspective on how to foster a more just and ethical business environment.
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