TED: What really motivates people to be honest in business | Alexander Wagner

The video discusses daily interactions with companies and the prevalence of corporate fraud, highlighting a study that shows one in seven large corporations commit fraud annually. It contrasts Adam Smith's economic theory of self-interest with Immanuel Kant's moral philosophy of right and wrong. An experiment on honesty reveals that people are motivated by intrinsic values, termed 'protected values,' which influence their behavior. The video concludes by emphasizing the importance of selecting individuals with the right values for organizational success.

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