N.S. Gundur reviews JRD Tata and the Ethics of Philanthropy, by Sundar Sarukkai

Updated:
April 11, 2021 12:45 IST
JRD Tata introduced an ethical dimension to the corporate world as early as the beginning of the 20th century
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JRD Tata introduced an ethical dimension to the corporate world as early as the beginning of the 20th century
“A business,” American industrialist Henry Ford observed, “that makes nothing but money is a poor business.” If minting money is an ethical issue in domains such as politics, education, sports and such other fields, it is quite understandable. After all, the end of these fields is not profit-making. But the problem arises when we think that making money is not a virtue in the domain of business which comes into being solely for the sake of profit-making.

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