Chapter 5

The Importance of Ethics and Values

A people that values its privileges about its principles soon loses both.

—Dwight D. Eisenhower

Ethics and values are very often linked to philosophical thinking, and the decisions we make as individuals and as a society as to what we believe constitutes right and wrong and what is good or bad. The philosophical questioning arises because what is good for one person may result in bad consequences for someone else. Ethics and values are indelibly entwined with the idea of morality, or rather whether our behavior is good or bad. Morals regulate the behavior of an individual in a social setting and construct the framework of what behavior is necessary and acceptable in order to provide the opportunity ...

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