
Marketing and the Common Good
Essays from Notre Dame on Societal Impact
- 328 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Marketing and the Common Good
Essays from Notre Dame on Societal Impact
About this book
Marketing is among the most powerful cultural forces at work in the contemporary world, affecting not merely consumer behaviour, but almost every aspect of human behaviour. While the potential for marketing both to promote and threaten societal well-being has been a perennial focus of inquiry, the current global intellectual and political climate has lent this topic extra gravitas.
Through original research and scholarship from the influential Mendoza School of Business, this book looks at marketing's ramifications far beyond simple economic exchange. It addresses four major topic areas: societal aspects of marketing and consumption; the social and ethical thought; sustainability; and public policy issues, in order to explore the wider relationship of marketing within the ethical and moral economy and its implications for the common good.
By bringing together the wide-ranging and interdisciplinary contributions, it provides a uniquely comprehensive and challenging exploration of some of the most pressing themes for business and society today.
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1
THE COMMON GOOD
Origins of the common good
Because of the increasingly close interdependence which is gradually extending to the entire world, we are today witnessing an extension of the role of the common good, which is the sum total of social conditions which allow people, either as groups or as individuals, to reach their fulfillment more fully and more easily. The resulting rights and obligations are consequently the concern of the entire human race. Every group must take into account the needs and legitimate aspirations of every other group, and even those of the human family as a whole.(Paul VI 1965)
The common good and contemporary society
We face a choice between a society where people accept modest sacrifices for a common good or a more contentious society where groups selfishly protect their own benefits.(Robert Samuelson, Newsweek writer,
quoted in Velazquez et al. undated)
Solving the current crisis in our health care system â rapidly rising costs and dwindling access â requires replacing the current âethic of individual rightsâ with an âethic of the common good.â(Daniel Callahan, bioethics expert, quoted in Velasquez et al. undated)
This kind of constructive, enlarging experience with the other counters the tribal fear of the outsider and tills the ground in which a seed of commitment â not just to me and mine, but to a larger, more inclusive common good â can be planted.(Parks et al. 1996, p. 65, emphasis in the original)
However, the theory of the common good introduces a major change in the traditional approach to stakeholders. The approach identifies stakeholders as being those who have an âinterestâ in the company (so that the firm, in turn, may have an âinterestâ in satisfying their demands) and this may provide a sufficient basis for a positive theory of the organization (although, probably, incomplete). The theory of the common good is based on the classic concept of âgoodâ: the company does âgoodâ to many people, to some by obligation and to others more or less involuntarily. And âit must do goodâ to certain groups by virtue of its obligation to contribute to the common good, which goes from the common good of the company itself to that of the local community, the country and all humankind, including future generations. In any case, the concept of good seems to provide a more appropriate foundation for an ethical theory than the concept of interest.(Argandona 1998, p. 1099)
It isn't easy to teach students to be citizens, capable of thinking critically about the world around them, when so much of childhood consists of basic training for a consumer society. At a time when many children come to school as walking billboards of logos and labels and licensed apparel, it is all the more difficult â and all the more important â for schools to create some distance from a popular culture steeped in the ethos of consumerism âŚ.Democracy does not require perfect equality, but it does require that citizens share in a common life. What matters is that people of different backgrounds and social positions encounter one another, and bump up against one another, in the course of everyday life. For this is how we learn to negotiate and abide our differences, and how we come to care for the common good.And so, in the end, the question of markets is really a question about how we want to live together. Do we want a society where everything is up for sale? Or are there certain moral and civic goods that markets do not honor and money cannot buy?(Sandel 2012, pp. 200â201)
The continued pursuit of growth is not only unnecessary to realizing the basic goods; it may actually damage them. The basic goods are essentially non-marketable: they cannot properly be bought or sold. An economy geared to maximizing market value will tend to crowd them out or to replace them with marketable surrogates. The result is a familiar kind of corruption. Personality becomes part of the jargon of advertising, with consumers of the most everyday products said to be âexpressingâ or âdefiningâ themselves. Friendship is no longer the ethically serious relationship it was for Aristotle but an intrigue for the enjoyment of leisure. Meanwhile, leisure itself is subject to the same economizing logic that governs production, with sports, games and nightclubs striving to pack the maximum of excitement into the minimum of time. âThe market penetrates areas of life which had stayed outside the re...
Table of contents
- Cover
- Half Title
- Title Page
- Copyright Page
- Dedication
- Table of Contents
- List of illustrations
- Notes on contributors
- Acknowledgments
- Part I Introduction
- Part II Societal aspects of marketing and consumption
- Part III Catholic Social Thought issues in marketing
- Part IV Sustainability issues in marketing
- Part V Public policy issues in marketing
- Part VI Ethical issues in marketing
- Part VII Conclusion
- Index