As mentioned in the article “The 6 moral obligations of business executives,” published in the April edition of Legatus magazine, Pope Leo XIII wrote an encyclical called Rerum Novarum in 1891 on the rights and duties of capital and labor.
In many people’s minds the phrase “business virtue” is an oxymoron, as though virtue is the antithesis of commerce. Commerce is all about profits, they say, and virtue is not. Really?
In 2011, with the global economy still recovering from the nadir of the post-financial-crisis economic funk, the pop song “We Are Young” won a Grammy award.
Responsible and morally attuned parents recognize the critical importance of forming their children to do what is right not only when or because they are being observed, but because...