Business Ethics

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When Wilson was tapped by President Eisenhower to serve as Secretary of Defense, he was asked at a Senate confirmation hearing whether he would be able to make a decision for the public interest of the United States that would be adverse to GM's interests. He is reported to have said, " I cannot conceive of one because for years I thought what was good for our country was good for General Motors, and vice versa. The difference did not exist. Our company is too big. " Id. at 47-48 (citing Confirmation Hearings on Charles E.

N51 Leach, supra note 36, at 387. n52 Barnet & Cavanagh, supra note 44, at 15. n53 Id. at 15-16. n54 Leach, supra note 36, at 384 (citing Ken Wells, Selling to the World: Global Ad Campaigns, After Many Missteps, Finally Pay Dividends, Wall St. , Aug. 27, 1992, at A1). n55 Id. at 384. edu:90/universe/printdoc (32 of 41)6/22/2004 7:27:04 AM LexisNexis(TM) Academic - Document n56 Id. at 385. n57 See also Ecopsychology: Restoring the Earth, Healing the Mind (Theodore Roszak et al. , 1995) (This volume is a breakthrough book in the field of ethics, psychology, and ecology, with significant implications for public policy.

See also Estes, supra note 60, at 22-25. "In the beginning corporations were chartered by monarchs to serve the interests of the state . . " Estes, supra note 60, at 22-23. n69 Liggett Co. v. S. , dissenting). Brandeis wrote: The prevalence of the corporation in America has led men of this generation to act, at times, as if the privilege of doing business in the corporate form were inherent in the citizen (but) throughout the greater part of our history a different view prevailed. Although the value of this instrumentality in commerce and industry was fully recognized, incorporation for business was commonly denied because of fear.

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