Business ethics and health care: a stakeholder perspective.
This article examines the recent controversy in health care delivery about whether it should be conceptualized as a business. The current debate implicitly appeals to a common understanding of business and business practices that is no longer very useful. This common notion, which the authors call "cowboy capitalism," conceptualizes business as a competitive jungle resting on self-interest and an urge for competition in order to survive. The authors suggest that stakeholder capitalism offers a more useful framework for the dialogue about health care reform.
Gilmartin
Mattia J
MJ
Healthcare Management Initiative, INSEAD, USA.
Freeman
R Edward
RE
D030861:Capitalism; D017028:Caregivers / Q000592:standards; D003132:Commerce / Q000191:economics / Q000592:standards; D004465:Economic Competition; D016520:Entrepreneurship; D004991:Ethics, Institutional; D004995:Ethics, Professional; D019981:Health Care Sector / Q000592:standards*; D008329:Managed Care Programs / Q000191:economics / Q000592:standards; D011216:Practice Management, Medical / Q000191:economics / Q000592:standards; D012945:Social Values; D014481:United States