Apply the ethical theory of deontology (duty ethics) to the subject problem of Banking (Lehman Brothers). I will format the paper below for you. – An INTRODUCTION. This is the Problem portion of the essay. In this introduction you will need to (a) identify the specific issue or problem that you want to address and give an impartial presentation of the controversy, (b) articulate briefly the characteristics of the economic system that serves as the setting for the business, and (c) examine the laws that affect the operations of the business. The introduction should be one paragraph of around 200 words in length. – A THESIS. Start a new paragraph with a precise and clear sentence in which you state your moral position with regard to the case that you presented in your first paragraph. This is known as stating your thesis. **A thesis is only one sentence, so do not write a series of sentences, or a complex sentence with explanatory clauses. An example of a precise and clear thesis is this: Factory farms are not morally justifiable or, of course, the opposite point of view: Factory farms are morally justifiable. – DEONTOLOGY. In the same second paragraph as the thesis statement, identify deontology (duty ethics) to support your moral position. Present the characteristics of the ethical theory in a broad sketch, and include citations and references in APA form. Then, explain how it lends itself to the moral position that you are defending. – TWO PREMISES. Present at least two reasons in support of your thesis and these should be presented in the form of a claim. These are called premises. Articulate each premise in one clear and grammatically correct sentence. Start a new paragraph for each. In the rest of the paragraph, support your premise by presenting an analysis of how the ethical theory lends itself to the best solution. This analysis includes articulating the characteristics(s) of the economic system at work that support the claims in your premises. It also includes examining the effects of the law(s) at work that also support the claims in your premises. – COMPARATIVE ANALYSIS. In the final paragraph, analyze how this application lends itself to a solution that is superior to another ethical theory, Utilitarianism. To do this, provide a clear statement describing the moral solution offered by this other theory. For example, if you chose utilitarianism to apply to your case, then you can choose from either virtue ethics or deontology for your comparative analysis. Explain in no more than three sentences what moral solution would result from the application of this other ethical theory. Finally, analyze the strengths of the moral solution presented by deontology in ways that demonstrate how it is superior to the moral solution offered utilitarianism. – THE STRONGEST POSSIBLE OBJECTION TO THE THESIS. After the final paragraph, start a new paragraph that introduces the strongest possible objection to your thesis. Make sure to employ the appropriate language to introduce the objection, such as some may object to my thesis as follows or according to [so and so] the thesis presented here fails to account for X [whatever he or she finds problematic]. You can find other language to do this, of course, but the key point here is to make sure that you indicate that someone else is speaking when presenting this objection. It is also important to remember that you do research to discover good objections and not merely objections that are weak and thus easily rebutted. Look for peer-reviewed journal articles or full-text articles in Google Scholar, or articles in the Stanford Encyclopedia of Philosophy. Present the opposing position fairly and in detail. This may take more than one paragraph. – A REBUTTAL. This is a refutation of the objection that you have just presented. Start this in a new paragraph following the objection paragraph(s). You may point out an error in the objection. Or you may show that, while it is an important objection, it does not apply squarely to your argument, or does not account for facts that make it irrelevant. Above all, make sure to maintain philosophical decorum in your rebuttal. Toward this end, you should apply the principles of charity and of accuracy – CLOSING REMARKS. End your argumentative essay with a paragraph of closing remarks. Provide some reflections of what you have attempted to achieve by means of your essay. You could, for example, explain how your essay sheds light on the broader controversy that it addresses. Or you could point out how your essay addresses a frequently ignored point or the unpopular side in the controversy. You could also reflect on the related matters in the broader controversy that would be useful to examine by others. Do not merely summarize what you have done in the body of your essay, and do not add new information here that would support or contradict your essay since the body of your essay should have addressed all the relevant points. Must be written with academic voice and in text APA citations. References must references should include AT LEAST 4 peer-reviewed articles IN ADDITION to those that I will provide. If you need anything of me, please don’t hesistate to cocntact me. I will list below some references for your consideration. Some of these are uploaded and others only have the links that you would have to click and visit yourself. * Fieser, J. (2015). Introduction to business ethics [Electronic version]. Retrieved from Chapter 7: Financial Ethics Business Ethics Case Study : Lehman Brothers * Cochrane, J. H. (2009). Lessons from the financial crisis (Links to an external site.). Regulations, 32(4), 34-37. Retrieved from – This article examines what we can draw from the banking crisis. * Friedman, M. (1970, September 13). The social responsibility of business is to increase its profits. New York Times Magazine. Retrieved from Friedman presents a two-part clarification of what we may understand as social responsibility. The first part states that the responsibility of business is to its shareholders by using its resources to increase profits. Most stop here and assume that Friedman is advocating an ethics of egoism. But the important second part is that Friedman argues that business must be bound by the law and rules of honesty and decency toward others. * Investopedia Staff. (.). Case study: The collapse of Lehman Brothers (Links to an external site.). – This report presents the case of the Lehman Brothers collapse. *Swedberg, R. (2010). The Structure of Confidence and the Collapse of Lehman Brothers (Links to an external site.). Research in the Sociology of Organizations, 30A, 71-114. Retrieved from * Wiggins, R. Z., Piontek, T., & Metrick, A. (2014). The Lehman Brothers bankruptcy a: Overview (Links to an external site.). Yale School of Management YPFS Cases. Retrieved from – This article presents a view of the leading causes for the Lehman Brothers bankruptcy. * Zingales, L. (2008, October 6). Causes and effects of the Lehman Brothers bankruptcy Download Causes and effects of the Lehman Brothers bankruptcy [Testimony before the Committee on Oversight and Government Reform]. Retrieved from – This is a report to the Committee on Oversight and Government Reform on the causes and effects of the Lehman Brothers bankruptcy. * financialclips. (2010, March 4). Lehman Brothers fraud explained by Dylan Ratigan, 03-12-10 (Links to an external site.) Retrieved from – This video examines the role of Lehman Brothers in the banking crisis.Show more
