The Forum > Article Comments > The economics of equity and justice > Comments
The economics of equity and justice : Comments
By Kasy Chambers, published 30/6/2009The traditional distance between ethics and economics - or between the community sector and business - is artificial.
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But - attractive as the discussions on the foundations of ethics have been so far - I'm not sure we are addressing the essentially practical nature of Ms Chambers' piece.
The quote at the beginning of the article is important. It encourages us to examine our own role in the current financial mess, and our laissez-faire approach to governance and government.
An attitude of "What they do suits me fine, so I'll go along with it" has been behind a number of habits that would have appalled the post-1918 generations, who necessarily lived more thriftily than we do. And whose commerce leaders were - largely - less inclined to look for the friction-free profitability of, say, interest arbitrage, and more interested in building dynastic businesses.
It is important for us to question the fundamentals of what we want out of life, why we want it and what we are going to do about it. Because it is that contemplation, whether inbred, instinctive or taught, that guides our attitude (read: ethical motivations) towards work, family and society.
It was this important point that the article made. That there is the emergence of a glimmer of a scintilla of a tiny spark of evidence of this, in a speech by the Head of Treasury.
And I hate to say it, because I have genuinely enjoyed the discussion to date, we are not going to make progress in this direction by educating the masses in the art of philosophical discourse.
We need to start using, as Ms Chambers points out, a language that reflects some new level of ethical dealing between people, that does not automatically assume that being wealthy is the same as being clever, or that profit, both personal and corporate, is an absolute measure of value.
Having said that, I haven't a clue where to start.