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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.
This book investigates the systemic erosion of trust and honesty within American business culture and the resulting rise in financial abuse. Tamar T. Frankel, a professor of law and expert in financial regulation, utilizes historical analysis and legal theory to argue that the decline of moral and regulatory barriers has facilitated widespread corporate misconduct. She posits that the current culture of dishonesty is not an inevitable outcome but a reversible trend that requires a collective shift in societal values and expectations.
What You Will Find
Experts recognize this work as a significant contribution to the discourse on corporate governance and the intersection of law and ethics. Readers frequently note the clarity of the author's argument regarding the necessity of cultural reform in maintaining economic stability.
Page Count:
264
Publication Date:
2005-01-01
Publisher:
Oxford University Press
ISBN-10:
0195343638
ISBN-13:
9780195343632
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