About the event
The third of the Trinity term's R:ETRO - Reputation: Ethics, Trust, and Relationships at Oxford - seminar series.
David Silver, Professor of Computer Science, University College London, Dept of Computer Science will be the guest speaker for a seminar being hosted by Alan Morrison, Professor of Law and Finance at Saïd Business School, and Rita Mota, International Research Fellow at Saïd Business School and Assistant Professor at ESADE Business School, as part of the R:ETRO seminar series - Reputation: Ethics, Trust, and Relationships at Oxford.
Abstract:
There is a recurring worry among supporters of the free-market system that the business community is losing the trust of the public, and that this loss represents an existential threat. Some theorists have diagnosed the source of this loss of public trust as arising from the behavior of the business community, and in response have urged it to adopt new ethical standards.
This talk contributes to this tradition in two ways. First, it claims that the business community is losing public trust because it is failing to honor a distinct set of duties that it owes to democratic society. Second, it argues that the business community’s failure to carry out these democratic duties not only threatens to undermine social trust in the free-market system, but more broadly to undermine social trust in liberal democratic institutions and values.
