Social Darwinism and Business Ethics Essay Example | Topics and Well Written Essays - 500 words

Social Darwinism and Business Ethics - Essay ExampleApart from the practical issues in business ethics manage corporate social responsibility, corporate governance, stakeholder concept etc there area also philosophical issues conflicting with the constitution of business. One of the close to important issues among them is Social Darwinism.The encyclopedia Britannica defines Social Darwinism as the theory that persons, groups, and races are subject to the same laws of natural selection as Charles Darwin had perceived in plants and animals in nature. The essential similarity between Social Darwinism and the nature of business is the term competition. It is competition that drives progress. The alleged propounder of Social Darwinism, the late Victorian English philosopher Herbert Spencer coined the term survival of the fittest to society, inspired by the scientific support from Darwins work. This led to the belief that the weak exist solely for exploitation by the strong. Critics thi nk Social Darwinism is to be blamed for issues like the eugenic programs of nineteenth century, the Nazi holocaust, imperialism, racism etc.The eighteenth century philosopher Kant had a viewpoint quite similar to the social Darwinists, but much much superior. He argued that the theory of evolution was actually a step backwards in theoretical analysis of the species and illogical.