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Tuesday, April 3, 2012

Honest and dishonest behavior

I have been invited on a few occasions to speak to university undergraduates about the relationship between business and society. I asked this question - "Do you know what is honest and dishonest behavior? Will you make a profit by making another person poorer?"

This question always stunned the students. They take it for granted that to make a profit is the right thing to do, and do not realize that there is a line beyond which they are acting dishonestly and cheating another party.

The penal code defines "cheating" as misleading another person or telling untruths knowingly and money or other property has passed. This type of behavior seems to be quite common, under the pretext of "caveat emptor" or "let the buyer beware". It is an excuse for dishonest behavior and worse, it is sanctioned by the state that promotes this concept.

The phrase "property has passed' makes the dishonest behavior a crime that will be prosecuted by the state. If there is no passing of property, i.e. lies told between people, it does not become a crime punishable by the state, but is nevertheless a dishonest behavior.

It is all right to make a reasonable profit for one's efforts and risk. There is a market rate for services and products. It is dishonest to misrepresent the product in a dishonest way, e.g. to state what it is not, and to sell it at an inflated price. This is "cheating" and is punishable by the state.

Our society has become quite dishonest in recent years. It is time to realize the difference between honest and dishonest behavior and to encourage people to be honest. Business corporations and the Government must set a good example for ordinary citizens to follow.

Tan Kin Lian






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