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ECONOMICS WITHOUT ETHICS: THE CRISIS OF SPIRITUALITY
PCDForum Column #80 Release Date June 1, 1996
by Bishan Singh
I was struck in a recent international meeting of activist scientists and intellectuals that some of the Westerners present seemed fearful that if they were identified by their colleagues as spiritual persons their opinions would be dismissed as unscientific. Yet in other settings it was evident that some of them are deeply spiritual persons.
Coming from Asia, where spirituality is a way of life, I found this contradiction troubling. After a period of reflection I realized that far more than a personal dilemma was involved. I had witnessed the manifestation of a deeply-rooted social dilemma-the clash between two distinct approaches to the way we organize our resources to meet our needs and develop our civilization. One is the humanistic approach, which is life-centered. The other is the materialistic approach, which is money-centered.
Economics-the way we organize and use our resources-determines the kind of civilization we build. It is the bedrock upon which institutions, knowledge systems, technologies, and livelihood practices unfold. Since resources, particularly natural ones, are both critical in ensuring our livelihoods and are also finite in supply, questions relating to the allocation of these resources are of an inherently ethical nature. In other words, ethics is the soul of economics. An economics without ethics, inevitably becomes an economics of greed and avarice.
Unfortunately, in their effort to "elevate" economics into a science, economists have adopted, like other sciences, a reductionist approach that divorces it from ethics. This ethically deprived economics became the foundation of a materialist civilization of infinite growth fueled by the money culture-the dominant capital-centered approach to development. It makes for an interesting relationship. The more "developed" the economy, by prevailing economistic definitions, the greater the loss of spiritual and ethical consciousness.
Removing ethics from economics also removes social responsibility and critical awareness. We are left only with consumption and materialism. It is like disconnecting the functional relationship of the heart (the subjective) from the head (the objective). It has caused the left brain (objective) to dominate the right brain (subjective).
This turns people into one dimensional beings whose sole purpose is to work to consume in support of the wealth creation process. This is what is happening to all of us. The process of wealth creation needs both fodder and energy to keep the juggernaut in motion. People can be made fodder by addicting them to consumption. Once addicted, they will work to provide the energy for the process.
The only power that can check this process is a heightened spiritual sense of what is right and wrong flowing from the individual's innate feeling of unity with "existence," encompassing humanity, nature, and divinity. All this propels us to act in a humane way with a deep sense of responsibility for our actions and of stewardship toward the needs and rights of others. Spirituality is the enemy of the capital-centered economy. Where materialism has advanced, spirituality has declined. And where spirituality is high the capital-centered economy has had difficulty gaining a foothold.
By working to convert all values into monetary values, economists make money the be-all and end-all of human enterprises and endeavor. Materialism becomes the living culture, money-making the religion, money the god, banks the temples, and economists the oracles.
Any God before this god, any Religion before this religion, any Culture before this culture, and any Spirit before this spirit is the enemy. Spirituality is anathema to materialism. In a perverse inversion of reality, to modern materialists spirituality becomes the evil enemy to be destroyed. Thus framed, the modern economy calls on us to engage ourselves in a negative spiritual practice that deprives our lives of meaning and alienates us from our sense of spiritual connection.
This gives great significance to the efforts of communities all over the world that are struggling to restore ethics to their economic practice, to become critically aware and socially responsible for the ways in which they organize, use, consume, and manage their resources. They are advancing the practice of voluntary simplicity, creating livelihoods for the unemployed, adopting alternative ways of producing and distributing goods and services to reduce resource use, recycling waste into reusable resources, undertaking sustainable agricultural practices, and providing credit for the poor.
The courageous visionaries, social activists, community leaders, and concerned individuals engaged in this historic process are demonstrating the possibility of creating economic cultures in which our economic lives become a part of our ethical and spiritual practice. In our present context, it is a profoundly revolutionary act.
Bishan Singh is a contributing editor of the PCDForum, president of MINSOC, and Senior Advisor for Participation, Information and Training, FARM Programme, FAO Regional Office for Asia and the Pacific, Maliwan Mansion, 39 Phra Atit Road, Bangkok 10200, Thailand, Fax (662) 2803240. This column was prepared and distributed by the PCDForum based on his article in the Fall 1995 Balaton Bulletin.
People-Centered Development Forum columns and articles may be reproduced and distributed freely without prior permission.
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- 1990
- 1991
- NGOs AND THE UN CONFERENCE ON ENVIRONMENT AND DEVELOPMENT
- LEADERSHIP FOR TRANSFORMATION: LESSONS FROM THE GULF WAR
- DEVELOPMENT COOPERATION: SOME BASIC ISSUES
- THE SUSTAINABLE PROJECT: A CONTRADICTION
- ELIMINATING UNDERDEVELOPMENT AT ITS SOURCE
- UNCED: UNASKED QUESTIONS
- LATIN AMERICA: FREE TRADE IS NOT THE ANSWER
- EAST AND SOUTH: CONVERGENT INTERESTS
- THE OTHER ECONOMIC SUMMIT: A PEOPLE'S AGENDA
- THE NEW ECONOMICS MOVEMENT
- GREEN GROWTH: A FALSE SOLUTION
- NGOS AND THE ELECTORAL PROCESS: PHILIPPINE PERSPECTIVES
- BEWARE THE SLOSHING OF LOOSE CAPITAL
- ECOLOGICAL STABILITY, SOCIAL JUSTICE AND FOREIGN ASSISTANCE
- COMMUNITY-CENTERED CAPITALISM: AN NGO ALTERNATIVE
- THE HOPE AND CHALLENGE OF PEOPLE'S FORUM 1991
- ECONOMIC ORTHODOXY AND THE POOR: THE CASE OF AUSTRALIAN AID
- ENVIRONMENT AND INDUSTRIAL DEVELOPMENT: THE ASIAN REALITY
- SUSTAINABLE DEVELOPMENT: Reflections on Japan's Role
- THE IDEOLOGICAL ROOTS OF CRISIS IN AN ARCHIPELAGIC COUNTRY
- INTERNATIONAL ASSISTANCE: A PROBLEM POSING AS A SOLUTION
- 1992
- BEYOND THE CHATTER OF MONKEYS: GETTING TO ENVIRONMENTAL BASICS
- EDUCATION FOR GLOBAL CHANGE: A NEW AGENDA FOR DEVELOPMENT EDUCATORS
- THE UNISON SNORING OF SUPINE ECONOMISTS IN DEEP DOGMATIC SLUMBER
- TO IMPROVE HUMAN WELFARE, POISON THE POOR: THE LOGIC OF A FREE MARKET ECONOMIST
- SOUTH AFRICAN DEVELOPMENT AND THE THREAT OF FOREIGN AID
- CIVIL SOCIETY IS THE FIRST SECTOR
- HUMAN RIGHTS, SOCIAL JUSTICE, ECOLOGY AND EXPORT ORIENTED INDUSTRIALIZATION
- BUILDING A SOCIAL ENTERPRISE ECONOMY
- DETOXIFYING THE GREEN REVOLUTION
- GLOBAL CITIZEN'S DIPLOMACY: QUEST FOR A SUSTAINABLE FUTURE
- REFLECTIONS ON UNCED: A NEW BEGINNING
- HAVING MORE BY CONSUMING LESS
- RESULTS OF RIO: AN EMERGING SOCIAL MOVEMENT
- GREEN DOLLARS MISS THE POINT
- THE EARTH SUMMIT: COMPETING VISIONS OF THE NEW WORLD ORDER
- NEED MONEY FOR YOUR PROJECT? THREE PROVEN RULES
- NGOs AND THE UNCED FOLLOW-UP PROCESS: CONTINUING NEED FOR INDEPENDENT ACTION
- RETHINKING U.S. INTERNATIONAL ASSISTANCE AS IF PEOPLE AND ENVIRONMENT MATTER
- UNDP's HUMAN DEVELOPMENT REPORT: OFFICIAL DEVELOPMENT DOUBLE SPEAK
- DEVELOPMENT HERESY AND THE ECOLOGICAL REVOLUTION
- BEYOND MARKET VERSUS STATE
- SUSTAINABLE DEVELOPMENT: PROSPERITY WITHOUT GROWTH
- NGOs & the World Bank: An Open Letter
- THE PEOPLES' EARTH DECLARATION: A Proactive Agenda for the Future
- SOUTHEAST ASIA CONTRIBUTION TO THE EARTH CHARTER
- 1993
- FREE TRADE AND THE IMAGINARY WORLDS OF ECONOMIC MODELERS
- THE GREENING OF GLOBAL REACH
- WE ARE AFRICANS
- NAFTA: A BAD AGREEMENT
- SUSTAINABILITY REQUIRES NEW ECONOMIC CONCEPTS
- ECOLOGICAL RECOVERY AND THE FEMININE PRINCIPLE
- THE BACKWARD ONES
- Economic Restructuring Through Community and Employee Ownership
- NORTHERN LIFESTYLES: WHAT IS EQUITABLE & SUSTAINABLE?
- From Urban Sprawl to Sustainable Human Communities
- Creating a Community Economy
- Getting Prices Right: Only a Partial Answer
- The Global Economy A Bad Deal for Women
- Sustainability: Principles Behind the Vision
- GRASSROOTS ENVIRONMENTALISTS: THE POOR FIGHT BACK
- BEYOND GROWTH TO MATURITY
- WHY NOT FAIR TRADE AGREEMENTS?
- THE PSYCHOLOGICAL ROAD TO “DEVELOPMENT”
- CORPORATE AGRIBUSINESS: MONOPOLIZING SUSTENANCE
- FROM ECONOMIC GROWTH TO QUALITY OF LIFE
- CITIES, TRADE AND ECOLOGICAL DEFICITS
- POWER, POVERTY, ECONOMIC INTEGRATION & BRETTON WOODS
- TOWARD A PEOPLE'S PACIFIC
- THE COMPASSIONATE AND THRIFTY UNIVERSE
- FREE TRADE AND THE AMERICAN DREAM
- Economy, Ecology & Spirituality
- Small Farmers & Globalization
- What If......?
- Economic Colonialism
- Development and the Youth Culture
- 1994
- Making Commerce Sustainable
- Good Protectionism
- A People's Agenda
- Serious about Sustainability
- Development for People
- Let's Develop Human Societies
- Family Friend Cities
- Anyone Home at WB?
- Rethinking Global Governance
- Overlooked Case of Job Protection
- The GATT and Democracy
- PCD Principles
- Dark Victory of the New World Order
- Saying No to Development
- Sustainable Livelihoods & the Social Crisis
- Sustainable Development: PCD Concensus
- Sustainable Development: Contrasting Views
- Int. Convention on Debt
- The Case Against Globalization
- 1995
- THIRD WORLD WOMEN CHALLENGE THE GIVEN
- SOCIAL CAPITAL
- DEVELOPMENT DISPLACEMENT: WHOSE NATION IS IT?
- MULTILATERAL DEVELOPMENT BANKS: WHO'S THE REAL BOSS?
- BUILDING CITIZENS' AGENDAS
- A WOMEN'S DEVELOPMENT AGENDA FOR THE 21ST CENTURY
- HABITAT II: PREPARING FOR THE 21ST CENTURY
- HELP THE POOR, SAVE THE ENVIRONMENT: ELIMINATE DEBT AND END FOREIGN AID
- ENVIRONMENTAL LENDING MAY BE HARMFUL TO THE ENVIRONMENT
- SUSTAINABILITY AND THE GLOBAL ECONOMY: BEYOND BRETTON WOODS
- THE CITIZENS' AGENDA FOR CANADA
- PRINCIPLES OF SUSTAINABLE LIVELIHOODS
- THE COPENHAGEN ALTERNATIVE DECLARATION
- OUR CITIES, OUR HOMES
- WHAT'S AHEAD FOR THE WORLD BANK? THE BIG PICTURE
- A NOT SO RADICAL AGENDA FOR A SUSTAINABLE GLOBAL FUTURE
- PROPERTY RIGHTS VERSUS LIVING RIGHTS: DEFINING ISSUES FOR HABITAT II
- 1996
- WINNING IN THE GLOBAL ECONOMY: CHILE'S DARK VICTORY
- ECONOMICS WITHOUT ETHICS: THE CRISIS OF SPIRITUALITY
- FOOD SECURITY FOR PEOPLE
- UNDERSTANDING MONEY
- THERE'S A DANGEROUS FLAW IN “GLOBAL ECONOMY” CONCEPT
- GLOBALIZATION AND THE DISMANTLING OF CANADIAN DEMOCRACY, VALUES AND SOCIETY
- ECO-HABITATS: FULFILLING A DREAM FOR HUMANITY
- LIMITS TO THE SOCIAL RESPONSIBILITY OF BUSINESS
- Profile of MARILYN MEHLMANN
- Profile of SARA LARRAIN R.
- Profile of VANDANA SHIVA
- 1997
- Political and Spiritual Awakening
- Rights of Money vs Persons
- Solutions Via Global Dialogue
- Money as a Social Disease
- Business Responsibility
- UN & the Corporate Agenda
- Profile of Nicanor "Nicky" Perlas
- Civil Society & Regional Security
- India's Popular Movements
- Learning Locally to Act Globally
- Why the Fuss About Stockholders?
- UN Partnerships
- Let's Try a Market Economy
- The UN Relationship to TNCs
