Published December 30, 2022 | Version v1
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UNDERSTANDING THE CONTEMPORARY ETHICAL THEORY

  • 1. * Centre for Mahayana Buddhist Studies, Acharya Nagarjuna University, Nagarjuna Nagar, Guntur, Andhra Pradesh ** Research Scholar, Centre for Mahayana Buddhist Studies, Acharya Nagarjuna University, Nagarjuna Nagar, Guntur, Andhra Pradesh

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The importance of human life is that it may excel in achieving public and private goods, but in order to reach these goals it needs the plan or skilled knowledge. The original meaning of virtue is excellence in performing specific function, that is, competence in making and obtaining goods and realizing purposes within this world. The idea of classical virtue was reoriented. The pubic goods as well as personal objectives were subordinated to the purpose of happiness.In ancient Greek world virtue had a much wider and more neutral scope. It was applied to socially beneficial and heroic performance, but was also used to indicate a non-moral excellence in various skills like management. Even tools and commodities might be called virtuous whenever they fulfill their specific purpose. The tools and commodities as virtue was an excellent tool for the good business in the professional field, particularly in management field. The ancient Greeks thus applied the idea of virtue to moral, natural and instrumental sectors as well as to the functioning of organization sector. For instance Plato and Aristotle thought that virtue was a moral neutral notion. In the ancient Greece the virtue stood equal to excellence, it referred to highly functional performances in respect to a specific purpose in our business

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References

  • 1. Justin Oakley and Dean Cocking, Virtue Ethics and Professional Roles, Cambridge University, Press, London, 1998, P.07 2. ibid.p.8 3. David Ross, (Tra.), Ackrill, J.L., and Urmson, J.O., Aristotle: The Nicomachean Ethics, Oxford University, Press, Oxford, P.118. 4. ibid. p. 119. 5. Ibid. P.120. 6. Justin Oakley and Dean Cocking, Virtue Ethics and Professional Roles, Cambridge University Press, London, 1998, P.9. 7. Railton, Alienation, and R.H.Hare, Moral Thinking, Oxford University Press, Oxford, 1981.P.137. 8. Philippa Foot, Utilitarianism and the Virtues, in Scheffler (ed.), Consequentialism and its critic, PP.224-42. 9. John, S. Mackenzia, Manuel of Ethics, Oxford University Press, Delhi, 1997, P.328. 10. David Ross, (Tra.), Ackrill, J.L. and Urmson, J.O. Aristotle: The Nicomachean Ethics, Oxford University Press, Oxford, P.122. 11. Manuel, G. Velasquez, and Business Ethics: Concepts and cases, Prentice Hall of India private limited, New Delhi, 2002, P. 140. 12. Mac Intyre, Alasdair, After virtue: A study in moral theory, London, Duckworth, 1985.p.204 13. Ibid., P.205 14. Kumar Neerajsachdev, Ethics : A virtue Theoretic Approach Adhyayan Publishers & Distributors, New Delhi, 2005 15. Mill, J.S., Utilitarianism, by many Warnock, Glasgow, Collins, 1962, P. 205. 16. Kumar Neeraj Sachdev, Ethics: A virtue Theoretic Approach, adhyayan Publishers & Distributors, Delhi, 2005, P. 73. 17. Ibid. p.75.