socialmedian: Toward a Global Economic Ethic: Fraternity Needed

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Toward a Global Economic Ethic: Fraternity Needed

Source: Fairer Globalization

Oct 06, 2009

Summary

I just got back from a presentation at the United Nations of a new manifesto on advancing a "Global Economic Ethic" by the UN Global Compact, the Swiss Government, Novartis Foundation, and the Global Ethic Foundation. Swiss Ambassador Peter Maurer, UN Global Compact Executive Director Georg Kell, philosopher Hans Kung, economist Jeffrey Sachs, economist Josef Wieland, and Novartis Foundation CEO Klaus Leisinger presented the new manifesto, which draws from all the religious and non-religious moral traditions of the world (including Humanism) and includes as its first signatories Michel Camdessus, Hans Kung, Mary Robinson, Jeffrey Sachs, and Desmond Tutu.

The manifesto starts with a preamble that situates this effort for a more ethical globalization in the urgency of the financial crisis:

For the globalization of economic activity to lead to universal and sustainable prosperity, all those who either take part in or are affected by economic activities are dependent on a values-based commercial exchange and cooperation. This is one of the fundamental lessons of to ...Read the full article

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