PHI 2397 Lecture Notes - Lecture 3: Francis Fukuyama, Corporate Social Responsibility, Euchre
13 Apr 2020
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Carr claims that bluffing is part of the game of business. Bartering and haggling to gain the best advantage is surely common practice in business in some cultures. Opponent to not be straightforward, the result is an adversarial relationship the buyer has with the seller or management has with its employees. Many such as max weber and francis fukuyama have argued that trust is the basis of capitalism. Poker is a private competition: me against other individuals. Euchre is game too but it plays partnerships. Production of goods and services is almost always a collaborative, group effort. Bluffing undermines collaboration and cohesion and encourages infighting and disloyalty when management and labour antagonize one another. Because chrysler is competitive with general motors, why must chrysler management be in a competitive relationship with its own employees? . Thesis - trust is crucial to the health of the financial system and the economy .
