Code of Ethics vs Code of Conduct A code ethics is akin to conduct. Both are sets of professional principles to steer an organization’s members. However, there are subtle disparities: Ethics ensure sound, unclouded judgment. For instance, legal codes forbid lawyers from cases with conflicts or brokers trading against clients. Conduct guides specific employee actions.… Read More »
Moral Values Moral values are one basis on which we make decisions–right or wrong? good or evil? Other bases arefinancial, convenient, aesthetic (an artist), arbitrary (flipping a coin), physical/health, rational (investigatinga product before buying). Individual morality This provides the basis of decisions of and judgments by the individual: honesty, loyalty, good faith, being responsible Social… Read More »
Ethical values and good life A fulfilling life/good life can be experienced in a society characterized by peace, harmony, well-being, and compassion. Similar to light having seven distinct colors represented by “VIBGYOR,” a good life is built on seven essential values. GS4 Mains question Q. Our attitudes towards life, work, other people and society are… Read More »
Fairness involves treating individuals impartially based on reasonable criteria, ensuring they receive what they deserve. Justice encompasses broader moral principles for equitable treatment and the fair distribution of resources, striving to create a just and equal society. In the Indian context, fairness and justice are significant considerations in various aspects of society, law, and governance… Read More »