Business ethics Essay Example | Topics and Well Written Essays - 1000 words - 4

Business ethics - Essay Example A person cannot be tortured because one has moral rights. Immanuel Kant is a famous philosopher who proposed a theory named categorical imperative. Categorical imperative is based on the moral principle and it is like a command to tell people what can be done and what cannot. The theory claims that everyone is a free person who has moral right and correlative duty to be compared with another in this way. Kant proposed two formulations of categorical imperative. Kant gives us a term â€Å"maxim† which can be explained as follows: â€Å"A maxim for Kant is the reason a person in certain situation has for doing what he or she plans to do. A maxim would â€Å"become a universal law† if every person in a similar situation chose to do the same thing for the same reason.† (p99) According to the definition of maxim, we can understand the first formulation easily. First formulation of Kant’s categorical imperative is that we only can act according to the reasons th at we want others to do the same toward us in a similar situation, which means transpositonal consideration. Furthermore, the action is morally right if a person acts by a reason to others in a certain situation that he or she has the willing to let others treat him or her in the same situation. If the person cannot have the willing to have others to act the same way that he or she acts towards others, the action is morally wrong. The first formulation has two criteria to estimate whether an action is morally right or wrong. The first criterion is universality that means â€Å"the person’s reasons for acting must be reasons that everyone could act on at least in principle.† (p99) The second criteria is reversibility that means â€Å"the person’s reasons for acting must be reasons that that person would be willing to have all others use, even as a basis of how they treat him or her† (p99). The second formulation

China's Economic Growth Research Paper Example | Topics and Well Written Essays - 1250 words

China's Economic Growth - Research Paper Example All Millennium progress targets have been achieved or are within attainment (Eckstein, 23). With a populace of 1.3 billion, China lately became the second leading economy and is gradually playing a significant and influential role in the international economy. It remains a developing state. For instance, its per capita earning is still a portion of that in superior states and its market reforms are imperfect.  Ã‚   Rapid monetary ascendance has caused many impacts as well, comprising high variation, brisk urbanization, impacts to the environmental sustainability, and external imbalance. It also encounters demographic pressures associated with an aging population and the domestic movement of labor. Important policy adjustments are necessary in order for its growth to be sustainable.   Experience depicts that transformation from middle-income to high-income class can be more hard than moving up from low to middle income (Lardy, 25). China’s 12th Five-Year Plan that from 2011 to 2015 vehemently addresses such issues. It highlights the growth of services and procedures to deal with social and environmental imbalances, setting goals to cut down pollution, to raise energy effectiveness, to advance access to healthcare and education, and to inflate social safety. Its annual growth goal of 7 percent calls for the intention to focus on value of life, rather than rate of growth.   Chinas economy was afflicted from the devastating effects of decades of fighting. A number of mines and factories were damaged. At the end of the war with Japan in 1945, Soviet troops had demolished almost half the machinery in the major developed regions of the Northeast and transported it to the Soviet Union. Power system, transportation, and communication had been smashed or deteriorated as they lacked maintenance. Agriculture was interfered with, and food production was about 30 percent drop. Further, monetary ills were compounded by one of the strongest inflation in