There are some 42 such countries. In these countries, it is hoped that the proceeds realized from debt forgiveness will be reinvested in health care, education, food assistance, economic development and job creation. With that reinvestment, economic justice would be enhanced in those countries. Jubilee 2000 will reach Wisconsin immediately with education and advocacy that will eventually revise world opinion and world policy toward poor countries, but that result will be delayed at best. In order to answer those questions, we need to explore the business ethics that underlie such questions.
Business ethics spring from the classic theory of utilitarianism.
This paradigm prompts the mention of one such relative measure. Pareto optimality suggests that a decision is right or at least relatively better than other options if it improves the status of an individual or group and leaves the welfare of all other groups or individuals unchanged. This extension covers a myriad of decisions that impinge on economic justice like discrimination and affirmative action, international sweatshops, plant closings, etc. In those cases, managers often decide on the basis of short-term measures like profitability and competitive position. In addition many business decisions rely on tangible and material outcome measures.