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Studio Guest this week: Nils Ole Oermann
Studio Guest this week: Nils Ole Oermann
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Studio Guest this week: Nils Ole Oermann
He is a business ethics expert at the Humboldt University Berlin and Director of the "Program on Religion, Politics and Economics" at Berlin’s Humboldt University and also Ethics professor at the Leuphana University Lüneburg.DW-TV: Alright. Let's pull in Professor Nils Ole Oermann. He is a business ethics professor, written a lot about the ethics of making money including this book which is in German right now and I think its English title will be something like "Earning money decently. Decent money." Are the financial markets right now, Mr. Oermann, are they earning money decently? Nils Ole Oermann: It sounds a bit like a rhetorical question. I think they don't but the interesting question is why don't they and how do you change that and who changes that? The markets themselves, can they do it? The invisible hands? Or are politicians responsible for changing that? DW-TV:You're asking a lot of questions. A lot of those questions we're going to here in Davos. We just saw a report on Davos. Look at the numbers we've just heard. 340 thousand Euros spent to revamp a hotel. 1600 Euros for a ham there on the menu in Davos. When you hear those numbers you get the impression that these business leaders haven't really understood that we are coming out of one of the biggest recessions in history.   Nils Ole Oermann: First of all, I would ask, who pays the ham and the revamping of the hotel rooms. If the answer is the taxpayer, then I would have very big question marks if that is a good thing. I think Davos is not a moral high ground or an institution. It's a village and a village is good, bad, happy, sad. It's a place where people meet and you can do that to change things to the better or you can continue in your old ways in the hope they do the first thing. DW-TV:You hope they do. Do you think they are aware of how much disdain there is for them right now in the public? Nils Ole Oermann: I think they are but when they give themselves the motto of th...
Channel: Deutsche Welle
Category: Business
Video Length: 234
Date Found: January 27, 2010
Date Produced:
View Count: 1
 
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