Edited by Richard J. Cebula, Joshua Hall, Franklin G. Mixon Jr and James E. Payne
Chapter 6: The entrepreneurial ethic, economic behavior, and motivation
AbstractFour principles at the philosophical foundation of American authority also form the philosophical foundation for the most important social action in American culture, i.e. the actions associated with business formation, retrenchment and extension. After presenting these four principles, it is argued that managerial action in business is, or at least could be, a modern version of involvement in the ancient polis. The words and deeds that formed the paramount action in the polis in ancient Greece can now be interpreted as having a modern common-man’s corresponding action that results from the economic impetus to form organizations for the fabrication of goods and services. Management and skilled labor compose both the leaders and the fabricators who act through explicit and implicit contractual agreements to benefit both those organized and the general public.
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