Ethical Leadership

Given the recent crash on Wall Street and the housing market symbolized by corrupt financiers like Bernard Madoff, ethical and moral leadership of corporations has become a major issue for those who study the American capitalist system. In reality, such concerns about the lack of morality in business, government and society as a while has increased significantly in the last thirty years, which undoubtedly has been an era that glorified money, power, greed and self-interest in ways not seen in the United States since the 1920s -- or the Gilded Age of the late-19th Century. Public opinion surveys in recent decades show a total lack of public confidence in the ethics and morality of leading institutions in both the public and private sectors. This has also been an era of globalization in which many older Fordist mass production industries have been downsized, outsourced and moves to China and...
[ View Full Essay]