I can't think of software licensing going in a worse direction. This is exactly the opposite of what makes permissive licenses successful, the ability to do what you want without answering to the original author.

An "ethical" license is unenforceable and ridiculous. What company has time to police how everyone uses software? Is this designed to enable a bunch of lawsuits? It's not going to help anyone write better code or run a better (even a more ethical) business.