It might seem like a little bit of stretch to bring these two things together but so many of locke's key principles regarding property and the extent of legislative power apply to the governments take over of the auto industry in this particular situation property isn't so much a piece of land as it is each and every. “economics is a study of mankind in the ordinary business of life,” wrote 19th- century economist alfred marshall what choices do you face in the ordinary business of your life buying clothing, deciding what to eat, or seeking a job — all involve considerations of cost, scarcity, and tradeoffs with other options whether or not. Priscilla hatch personal values and organizational ethics case: the gm bailout stephen jackson – instructor january 22, 2013 1 how would locke, smith, and marx evaluate the various events in this case they would evaluate this case by claiming that the government ownership of companies is the. Marx paused to reflect: “there's still way too much capitalist freedom of communication for my taste, but when it comes to transport, well that's a different story—your auto companies are begging to be owned by the state and of course, now the media, which once prided itself on its independence from state.
Business ethics case assignment “the gm bailout” imanda mulia rahman – 361168 1 how would locke, smith, and marx evaluate the various events in this case locke believes in the idea that human beings have a “ natural right” to liberty and a “natural right” to private property he said that if there were no.