Ethics for Capitalists: A Systematic Approach to Business Ethics, Competition, and Market Failure - Paperback

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Ethics for Capitalists presents a thoughtful and rigorous exploration of business ethics through the Market Failures Approach. The book explains how market competition, while enabling greater freedom for economic actors, also requires clear moral boundaries to ensure fairness and efficiency. It argues that profit-seeking must align with the broader purpose of markets—optimizing the production and distribution of goods and services.

Joseph Heath examines how this framework applies to key areas such as corporate governance, managerial responsibility, shareholder primacy, and strategic decision-making. By challenging common assumptions about business behavior, the book offers a structured way to think about ethical constraints in capitalism. It provides readers with a deeper understanding of how ethical principles and economic systems intersect, making it an essential resource for those interested in business ethics, economics, and responsible corporate conduct.