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Ordo-Responsibility - Conceptual reflections towards a semantic innovation

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  • Beckmann, Markus
  • Pies, Ingo

Abstract

Based on economic ethics, this paper reflects on and aims to improve the semantics of responsibility. The traditional concept of responsibility is threatened with erosion when responsibility is attributed to an actor who is unable to exercise individual control over the outcome of his actions. In the modern world-society this is increasingly the case. The concept of ordo-responsibility is helpful in identifying a suitable approach for the attribution and acceptance of responsibility. The perspective of economic ethics systematically differentiates between the initial basic game of business and the related meta-games of politics and public discourse. In this way, the focus shifts to the rule-setting processes and rule-finding discourses for which the actors can accept governance responsibility and discourse responsibility, respectively. These two forms of ordo-responsibility demonstrate a characteristic which is extremely important for processes of 'New Governance': they can be attributed to corporative actors, and they can be perceived by them in their own well-reflected interests.

Suggested Citation

  • Beckmann, Markus & Pies, Ingo, 2006. "Ordo-Responsibility - Conceptual reflections towards a semantic innovation," Discussion Papers 2006-11, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
  • Handle: RePEc:zbw:mlucee:200611
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    References listed on IDEAS

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    1. Michael C. Jensen, 2010. "Value Maximization, Stakeholder Theory, and the Corporate Objective Function," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 32-42, January.
    2. Anant K. Sundaram & Andrew C. Inkpen, 2004. "The Corporate Objective Revisited," Organization Science, INFORMS, vol. 15(3), pages 350-363, June.
    3. Pies, Ingo, 2006. "Methodologischer Hobbesianismus und das Theorieprogramm einer interessenbasierten Moralbegründung," Discussion Papers 2006-8, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    4. Beckmann, Markus & Pies, Ingo, 2006. "Freiheit durch Bindung - Zur ökonomischen Logik von Verhaltenskodizes," Discussion Papers 2006-9, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
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    Cited by:

    1. Pies, Ingo & Hielscher, Stefan, 2007. "The international provision of pharmaceuticals: A comparison of two alternative theoretical strategies for global ethics," Discussion Papers 2007-9, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.

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