I am passing through Rio de Janeiro en route to Belo Horizonte to attend the XXV World Congress of UNIAPAC (The International Christian Union of Business Executives) on the theme of “Business, Government and civil society working together for the common good.” This is my first visit to South America (...)
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What a mess. Many of you won’t like my title – surely the catastrophic failures and deceits at VW make the case against rather than for capitalism? Not so and here is why. At the root of the problem with VW is dishonesty. Now, of course, that dishonesty might have (...)
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Are values and profitability incompatible? Values have taken a central role in the debate about how private companies ought to conduct business in the post-recession era. The idea that businesses should go beyond the narrow measures of shareholder value maximization and embrace a wider role of a ‘responsible citizen’ (...)
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Who is the Good Samaritan today? The parable of the Good Samaritan is one of the most popular, well-known and compelling stories Jesus ever told. Rather than teaching in an academic and rather dry way by making general statements, Jesus taught people by telling stories which caught their imagination. (...)
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Is the purpose of taxation payment for common services (defence, health, welfare) or a tool for the redistribution of wealth? That decision, and the balance between them, is a political one. However, there is nothing intrinsically moral about either high or progressive taxation. First, higher rates of taxation may not raise more revenue (the argument (...)
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The market economy is not perfect. However, we do sometimes forget that it is the market that has delivered significant prosperity to the world and lifted millions of people out of poverty. Improvements in literacy and sanitation have contributed to a significant reduction in the number of people existing on (...)
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I am fascinated that in the early years of the industrial revolution some of the great businesses were established by Quakers – not least the first iron foundry established by Abraham Darby. There were many others, Cadbury, Rowntree, Clarks’ Shoes, Barclays and Lloyds. Why was this so? The answer lies in some combination (...)
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