Trust and Honesty America’s Business Culture at a Crossroad 1st Edition by Tamar Frankel 9781423733997 1423733991

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Product details:

ISBN 10: 1423733991

ISBN 13: 9781423733997

Author: Tamar Frankel

America’s culture is moving in a new and dangerous direction, as it becomes more accepting and tolerant of dishonesty and financial abuse. Tamar Frankel argues that this phenomenon is not new; in fact it has a specific traceable past. During the past thirty years temptations and opportunities to defraud have risen; legal, moral and theoretical barriers to abuse of trust have fallen. She goes on to suggest that fraud and the abuse of trust could have a widespread impact on American economy and prosperity, and argues that the way to counter this disturbing trend is to reverse the culture of business dishonesty. Finally, she presents the following thesis: If Americans have had enough of financial abuse, they can demand of their leaders, of themselves, and of each other more honesty and trust and less cynicism. Americans can reject the actions, attitudes, theories and assumptions that brought us the corporate scandals of the 1990s. Though American society can have “bad apples,” and its constituents hold differing opinions about the precise meaning of trust and truth, it can remain honest, as long as it aspires to honesty.

Table of contents:

Part I. The Eroding Trust, Truth, and Culture of Honesty

1. The Spreading Abuse of Trust and Deception

2. Old and New Concerns

3. Toward Abuse of Trust and Mistrust

4. Toward Deception

5. Toward a Different American Culture

Part II. Rising Opportunities and Temptations and Falling Barriers to Abuse of Trust and Deception

6. Rising Opportunities and Temptations

7. The Shift to Weaker Morality, Weaker Law, and Stronger Market Discipline

8. The Subtle Changes in Legal Doctrine and Intepretation

9. The Shift from Professions to Businesses

10. In Markets We Trust

11. Why Did Legal Enforcement Fail to Stem the Avalanche of Fraud?

Part III. Conclusion

12. Toward an Honest Society

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