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Professional Ethics, Notes Week 1

by: Chloe Luyet

Professional Ethics, Notes Week 1 PHI 1120, Professional Ethics

Chloe Luyet
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About this Document

These are the first week of notes for this class. We read "Why I Left Goldman Sachs" and identified the thesis in order to determine how it applied morally in the professional work environment.
Professional Ethics
Dr. Ryan Fanselow
Class Notes
philosophy, ethics




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This 1 page Class Notes was uploaded by Chloe Luyet on Thursday January 14, 2016. The Class Notes belongs to PHI 1120, Professional Ethics at Wayne State University taught by Dr. Ryan Fanselow in Winter 2016. Since its upload, it has received 585 views. For similar materials see Professional Ethics in PHIL-Philosophy at Wayne State University.

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Date Created: 01/14/16
What is a Professional?  Someone with extensive training o intellectual component significant  Provides an important service  High cost of making a mistake  Embedded in or associated with an organization There are two common views of professional morality: 1. The Easy View (INCORRECT, BUT COMMONLY USED) a. Being a professional doesn’t raise any unique moral questions for an individual b. It doesn’t require much reflection to ensure that professionals act normally c. Professionals who act legally and follow others around them will not act immorally in most circumstances d. Morally significant decisions feel urgent and difficult 2. The Hard View (CORRECT, BUT UNCOMMONLY USED) a. The nature of being a professional raises difficult moral questions i. all of a sudden, you’re in a position where what you do actually matters and impacts many people b. Unless you regularly reflect on your actions and those of others around you, you’re likely to act wrongly c. Those who “follow the crowd” are likely to act wrongly in normal circumstances and even when the circumstances are legal d. Daily decisions often turn out to be morally significant Goldman Sachs Reading  Thesis o the culture of Goldman Sachs has changed for the worse over the years  There may be cases where going out of business is better because the professionals aren’t providing a valuable product anymore o Knowing more about a given topic (i.e. financial assets at Goldman Sachs) can be the gateway to taking advantage of the client.  The client has no other choice than to trust that the professional is giving them the right information because the client does not know and will never have the same knowledge as the professional.


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