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October 24, 2003

The ethics of business

JLI course offers students a talmudic perspective.
NORM FARRELL SPECIAL TO THE JEWISH BULLETIN

Are the rules of conduct in business different from those in private life? Must a businessperson deal equitably with all, even the ignorant, weak and foolish? What constitutes fraud or theft? Who defines principle and where do the rules originate?

Nobel laureate Milton Friedman focused modern debate with his statement that ethics were not the concern of a corporation and that its only social responsibility was to increase profits. Others argue that good ethics are good business and a requisite of success. More recently, critics of business blamed amoral corporate governance for encouraging fraudulent, corrupt and illegal behaviors.

Friedman's thesis was broader than his famous quote.

"Only people have ethics," he said "Ethics is me, the individual, as a person. I'm ethical or unethical." Clearly, Friedman believes that core individual values are important to everyone, corporate managers included.

The history of western business ethics reveals religious traditions at the root. Judaism's precepts, in particular, have provided important foundations for the ethical practice of business. However, perhaps in search of secularity, today's business schools hesitate to teach ethical issues. For example, among the almost 100 offerings of the

University of British Columbia MBA program, only one six-week course specifically focuses on ethics.

Many other well-regarded business schools share this disinterest in an important subject. Some ethicists believe that results in a harmful void in the training of tomorrow's leaders. Writing in the Journal of Business Ethics, Martin Calkins states that we should "look to religions to understand better the working of big institutions and the motives that drive people to act morally."

These broad issues and more are explored in a new Jewish Learning Institute (JLI) course titled Talmudic Ethics, Timeless Wisdom for Timely Dilemmas. Led by rabbis Yechiel Baitelman, Yitzchak Wineberg and Falik Schtroks, JLI discussion groups will examine the ageless guides and inspirations that have sustained Jews throughout history. This is part of an extensive JLI curriculum based on traditional Jewish perspectives.

According to Baitelman, "The first question after death is 'Nasata v'netata be'emunah' ('Did you conduct your business affairs with honesty and with probity?') This establishes ethical obligations between people as fundamental and demonstrates that social and ritual behavior rank equally as inseparable parts of Jewish morality."

JLI participants will study the vital principle of Jewish law derived from the verse "You shall do that which is fair and good in the sight of the Lord." (Deuteronomy 6:18) Baitelman will demonstrate how that principle applies, not simply in business activities, but in all personal relationships and social obligations.

Baitelman has lectured extensively for the JLI. Most recently, he led a relationship course about soul power. Elana Gold, a corporate events and communications specialist admitted some reluctance to attend her first series.

"However, week after week, I was impressed with the relevancy of the lessons to both secular and spiritual life – the haimish [homey] atmosphere that quickly developed among the participants and the enthusiasm and skill with which our rabbi instructor guided us through a range of meaningful topics," she said. "On the last night of the course, I found myself leaving very reluctantly."

Talmudic Ethics, Timeless Wisdom for Timely Dilemmas begins Oct. 28 in Richmond and continues through eight weekly sessions. Space is available for new participants. To register, call 604-266-1313.

The course will be repeated in Vancouver and in South Surrey. In its continuing curriculum, the Jewish Learning Institute provides comprehensive textbooks and presentations prepared by international experts in traditional learning. Lubavitch B.C. supports the JLI in British Columbia, with assistance from the Jewish Federation of Greater Vancouver. For more information, contact Baitelman at 604-277-6427 or visit www.jlicentral.com.

Norm Farrell is a Vancouver freelance writer.

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