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Machiavellian and Kantian Analysis of Buddy Fletcher and SEC

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Machiavellian Analysis Buddy Fletcher was able to use his financial success and philanthropy to win respect and power. His high esteem combined with his ability to deliver strong profits lead to blind deference. As Machiavelli wrote, “he who is highly esteemed is not easily conspired against”11 (Ch. 19). In the beginning of his career, Fletcher embodies the spirit of a Machiavellian leader by commanding influence through his success. However, in the spirit of Kant, he seems to adhere to strong moral principles, such as not lying and using others as merely means to his end. However, as details of his success were revealed, his moral character becomes increasingly questionable. Firstly, he did not disclose the methods by which he was …show more content…

This large-scale deception is a clear violation of the principle of universality. If every financier acted like Fletcher, financial systems throughout the world would be destroyed. Trust is a key component and without trust, these systems would lose all their credibility. Fletcher made an exception of himself, violating the maxim of not lying, and took advantage of a trusted system and naive individuals. Fletcher shows his lack of integrity, a quality Kant believed central to his moral theory12 (pg. 155). This lack of integrity only further demonstrates Fletcher’s immorality. Buddy Fletcher’s actions were motivated by selfish desires that he attempted to justify through outlandish philanthropy. Lacking pure motivations, Fletcher used others to suit his own end. Exercising extreme moral hazard, Fletcher lied his way into millions of dollars12. When his fund turned out to be insolvent, it is the individuals’ pension funds that suffer, not Fletcher himself. This is a clear violation of the humanity principle. The humanity principle states that one must never use others as merely a means to their own end. He took pension funds from unwitting individuals and used them for personal needs, such as funding of his brother’s failed movie10. Not only did he lie to investors about the success of the fund, but he used their investments for personal use. He completely violates the humanity principle, using

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