Arab Today, arab today banking \can be an ethical career choice\
Last Updated : GMT 19:52:29
Arab Today, arab today
Arab Today, arab today

Banking \'can be an ethical career choice\'

Arab Today, arab today

Arab Today, arab today Banking \'can be an ethical career choice\'

London - Arabstoday

Stock market and Rodin\'s Thinker Banker and thinker: Oxford ethicist says a career in finance could be the moral choice Idealistic youngsters with ethical values should opt for a banking career, says an Oxford University ethicist. Will Crouch argues that if ethical people went into finance - and then gave back a slice of their higher salaries - the impact would be greater than a career as a charity worker. The Oxford academic is questioning the ethics of career choices. \"We are calling on people to be like Robin Hood, but by earning the money rather than stealing it,\" he says. Mr Crouch, research associate at Oxford\'s Uehiro Centre for Practical Ethics, has issued a counter-intuitive challenge to assumptions about the ethical worth of contrasting career paths. Philanthropic giving In the wake of the financial crisis, bankers and financiers have been accused of selfishness and a lack of moral awareness. Protest Protesters at St Paul\'s Cathedral might be less convinced of the ethics of banking Protesters are still occupying an area outside St Paul\'s Cathedral, near to the London Stock Exchange. But Mr Crouch says that when looking at careers choices, young people are missing the point if they see banking as a less ethical option. He argues that someone becoming an investment banker could create sufficient wealth to make philanthropic donations that could make a bigger difference than someone choosing to work in a \"moral\" career such as an aid charity. \"The direct benefit a single aid worker can produce is limited, whereas the philanthropic banker\'s donations might indirectly help 10 times as many people,\" says Mr Crouch. Looking at typical incomes in investment banking and the cost of treating tuberculosis in the developing world, he calculates that an ethically inclined banker who donated half their income could save 10,000 lives. His argument is that the typical working life lasts 80,000 hours and that moral outcomes for career choices should be considered beyond any stereotypical assumptions. At present, he says that some \"ethically minded people\" are reluctant to consider some types of careers, such as in finance - while such positions could allow them to benefit large numbers of people. Mr Crouch, who is setting up an organisation to maximise charitable donations called 80,000 Hours, says he gives 20% of his graduate income to charity and promises to raise it to 50% of future earnings.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today banking \can be an ethical career choice\ Arab Today, arab today banking \can be an ethical career choice\

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today banking \can be an ethical career choice\ Arab Today, arab today banking \can be an ethical career choice\

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday