This HBS Working Knowledge article deals with blind spots we have when it comes to understanding ethics and the impact of the decisions we make. They use Enron as an example. I actually believe Enron not to be a blind spot; people KNEW that they were making money that wasn’t rooted in reality. Too many smart people worked at Enron and invested in it to have me believing that it was just a question of blind spots. Greed is more like it. People walked into that high yield, high risk play with eyes wide open.
There are still plenty of blind spots. I worry about the ones we are not conscious of, our micro-behaviors. These have a more immediate impact on our daily interactions, and when multiplied and sustained, might even feel a bit like unethical treatment to the people that receive them.
Article here: Blind Spots: We’re Not as Ethical as We Think — HBS Working Knowledge.