Today there was an article in the Chicago Tribune shedding light on the moral responsibilities owns have to their companies. The article conveys the message that business owners who have previously sold their company are now buying said company back in order to see it not fail. The article continues to talk about how said business owners are not in it for the money and wealth-getting but rather for personal morals and happiness. The article focuses mainly on Seigle's Building Centers but also touches on how other corporate executives have stepped back from the business but re-entered when it was apparent the business needed new ideas for a better future.
The non-issue – This article doesn’t necessarily pose a non ethical issue related to Aristotle writings but a moral and ethical achievement. These said business owners are practicing morality by taking a stand for what they have worked so hard for and what they believe in.
How it relates – Aristotle writes about and believes in the practice that property should be private but the product public. By entrepreneurs buying back their old businesses are helping the well being of the community and public. They save more jobs and ensure prosperity for their workers. This article also supports Aristotle’s desire for the focus of mankind not to focus on wealth getting but to pursue the natural Art of Acquisition meaning these business owners are using their abilities not to turn a profit (mostly) but to save a business that will ensure security for its employees.
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First off, I would like to congratulate you on your blog post because you put a different spin on the assignment and found something that agreed with Aristotle's views on ownership, which I think was very difficult seeing that his ideas are a bit outdated. I like the idea that this article addresses and I agree with your view on it, as it relates to Aristotle. It is great to see that there are definitely businesses that are helping maintain jobs and therefore helping themselves secure their life and also helping others live well in the process, which Aristotle would definitely approve of. I think that the actions of these buesiness owners should be an example to follow, unlike the business owners from our film "Enron" who went to extreme limits to use people to their own advantage and commit fraud simply for their greed and perverse need for money, which also relates to Aristotle's idea of one confusing the real value of money. Great Job!
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