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The Spirit of Conscious Capitalism: Contributions of World Religions and Spiritualities (Ethical Economy, 63)

✍ Scribed by Michel Dion (editor), Moses Pava (editor)


Publisher
Springer
Year
2022
Tongue
English
Leaves
505
Category
Library

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✦ Synopsis


This book provides a constructive criticism of the emerging practice of conscious capitalism from the perspective of world religions and spiritualities. Conscious capitalism, to many of its adherents, represents an evolutionary step forward beyond the dominant neo-liberal paradigm, where it often appears that just about everything is for sale. Is conscious capitalism consistent with the values inherent in religious and spiritual world-views and does it provide a better fit for bringing out the best that business has to offer? This book answers these questions and many more. An appealing read for researchers in business ethics as well as any reader critical of the excrescences of capitalism.

✦ Table of Contents


Foreword
Contents
Chapter 1: Introduction
1.1 Structure of the Volume
1.2 Part I – Religion and Capitalism: An Overview
1.3 Part II – Theistic Religions and Conscious Capitalism
1.4 Part III – Non-Theistic Spiritualities and Conscious Capitalism
1.5 Part IV – Further Thoughts
1.6 Conclusion: Keeping What Ought To Be and What Is in Dialogue
References
Part I: Religion and Capitalism: An Overview
Chapter 2: Can Capitalism Be Conscious of Anything But Itself? Gnosticism, Attention, and Persuasive Technologies
2.1 What the Hell Is Water?
2.2 Conscious Capitalism
2.3 The “Harder” Problem of Consciousness
2.4 Affective Capitalism
2.5 Capitalism as a Religion?
2.6 “Capitalism,” “Gnosticism,” and the Religion of the Elsewhere Uncommitted
2.7 Concluding Reflections
References
Chapter 3: Religion and the Spirit of Capitalism. Remarks to the Function of Religion in Modern Societies
3.1 Introduction
3.2 The Spirit of Capitalism and Its Religious Roots
3.3 Between Religious Socialism and Conscious Capitalism, or: Ways Out of the Iron Cages of Modern Rationality
3.4 Religion, Economy and Modern Society
References
Chapter 4: The Responsible Leader
4.1 Introduction
4.2 The Challenges of Co-implication
4.3 Conscious Leadership
4.4 Bonhoeffer and Responsibility
4.5 Bonhoeffer, Mackey and Sisodia, and “Ted”
4.6 Closing Thoughts
References
Part II: Theistic Religions and Conscious Capitalism
Chapter 5: The Emergence of Next Stage Capitalism and the Need for a Broadened Conception of Jewish Business Ethics
5.1 Introduction
5.2 Business as a Human Enterprise
5.2.1 Next Stage Capitalism in Practice
5.2.2 Scammers, Fantasists, or Experimentalists
5.3 Jewish Business Ethics as a Constructive Project
5.3.1 Towards a Constructivist Jewish Business Ethics
5.3.2 A Better Metaphor: Business Is More Like a Covenant Than a Family
5.3.3 Bringing the Value of Hesed or Kindness into Business: The Case of Aaron Feuerstein
5.3.4 Sabbath Consciousness as an Ethical Accomplishment
5.4 Is There Human Meaning Independent of the Sacred?
5.5 Conclusion
References
Chapter 6: Interest, Disinterestedness, and Pragmatic Interestedness: Jewish Contributions to the Search for a Moral Economic Vision
6.1 Introduction: The Dialectics of Pragmatic Interestedness and Disinterestedness
6.1.1 Pragmatic Interestedness (PI) Versus Disinterestedness (DI)
6.2 Modern Secularizations of Agape and the Marginalization of Pragmatic Interestedness
6.2.1 Politics of Love and Its Discontents: “The Modern World Is Full of the Old Christian Virtues Gone Mad”
6.2.2 Political Theology and Modern Secularizations of Agape
6.2.3 Communism and Sentientism as Secularizations of Agape
6.2.3.1 Communism as a Secularization of Agape
6.2.3.2 Sentientism as a Secularization of Agape
6.2.4 Why Both Marx and Singer’s Approaches Marginalize Pragmatic Interestedness
6.3 Pragmatic Interestedness in Early Jewish Tradition
6.3.1 Interest and Its Discontents
6.3.2 Moral Values, Human Needs, and Transactions
6.3.3 The Value of Compromise and the Possibility of Substitute Monetary Compensation
6.3.4 Trust, Responsibility, and the Role of Economic Considerations
6.4 Can Pragmatic Interestedness Contribute to the Idea of Conscious Capitalism?
6.5 Conclusion
References
Chapter 7: Sabbatical Consciousness: The Jewish Leisure Ethic as an Antidote to Conspicuous Consumption
7.1 Introduction
7.2 The Jewish Ethic of Necessary Leisure
7.3 The Necessity of an Ethic of Necessary Leisure
7.4 The Ethical Implications of a Jewish Ethic of Leisure
7.5 The Underlying Theology Implicit in the Ethic of Necessary Leisure
7.6 Necessary Leisure and Conscious Capitalism
Chapter 8: The Sabbatical Paradigm Shift
8.1 Introduction: Connecting Normative and Narrative
8.2 Why Seven?
8.3 Bad Years After Good
8.4 The Antidote to Egypt
8.5 From Gathering to Ingathering: Shmita, Shabbat – And the Memory of Manna
8.6 Shavuot, Manna, Torah and Shmita: Tying It All Together
8.7 Where to from Here? Concluding Thoughts
Chapter 9: Conscious Capitalism from a Christian Worldview Lens
9.1 Introduction
9.2 Christian World View and Capitalism: The Nature of Work
9.3 Inventory of Christian Worldview Business Practices
9.3.1 Introduction to Conscious Capitalism
9.3.2 Analysis of Conscious Capitalism from a Christian Worldview
9.4 Case Study Examples of CC Attributes with Christian Worldview Commentary and Analysis
9.5 Conclusions and Future of Conscious Capitalism from a Christian Worldview
References
Chapter 10: Wealth as the Path to Heaven or Hell: A Latter-day Saint Perspective on the Spirit of Conscious Capitalism
10.1 Introduction: The Role of Economic Activity
10.2 Zion Society in Context: A Review of the Spirit of Conscious Capitalism and Related Constructs
10.3 Zion Society and the Spirit of Conscious Capitalism in a Christian Context
10.4 Exaltation: The Hope of Heaven
10.5 Zion
10.6 Babylon Society
10.7 The Deciding Factor: God or Mammon
10.7.1 Infinite Increase and the Environment
10.7.2 Zion and the Non-believer
10.7.3 On the Path Toward Zion
10.8 Conclusion: Implications for Modern Business
References
Chapter 11: Christianity and Conscious Capitalism
11.1 Introduction
11.2 Christian Principles/Teachings Relevant to Conscious Capitalism
11.2.1 “The Fall” and Its Effects on Human Nature
11.2.2 The Inner Struggle of Man (Concupiscence)
11.2.3 Sins vs. Sin as a Principle
11.2.4 The Sinner (The “Old Man”/Heritage from Adam
11.2.5 Repentance/Recognition of Wrongdoing
11.2.6 Christian Solution to Human Problem/Inner Struggle
11.2.7 God’s Love for Mankind and the Command to Love One Another
11.2.8 The Holy Spirit
11.2.9 The New Life/Person in Christ
11.3 Viewing Conscious Capitalism from a Christian Framework
11.3.1 Stakeholders
11.3.2 The “Higher Purposes” of Conscious Capitalism Viewed from Christianity
11.3.3 Christianity and the Existential Quest for Meaning in the Organizational Life
11.3.4 Man’s Fallibility and How It Affects Execution of Conscious Capitalism
11.3.5 Apart from Christ, the Ideals of Conscious Capitalism Cannot Be Fully Achieved
11.4 Executing Conscious Capitalism from a Christian Framework
11.4.1 Overcoming Self-Interest Pursuits that Undermine the Altruistic Values of Conscious Capitalism
11.4.2 Empathy and Conscious Capitalism vs. the Christian Stance
11.4.3 Christian Servant Leadership Style
11.4.4 Christianity and Economics
11.4.5 Conscious Capitalism and a Focus Beyond Commodity-Based Exchanges
11.4.6 Social Justice and Christianity
11.5 Non-Christian Stakeholders
11.5.1 Achieving Harmony Amongst Stakeholders
11.5.2 The Call for Greater Stakeholder Interdependencies
11.6 The Practicality of Conscious Capitalism from a Christian Standpoint
11.6.1 How Practical Is It to Implement Conscious Capitalism in Today’s Society?
11.6.2 Challenges of Organizational Growth
11.6.3 The Role of Christianity in Enhancing Contemporary Organizational Practices
11.7 Conclusion
Glossary
References
Chapter 12: The Christian Contribution to Conscious Capitalism
12.1 Introduction
12.2 Market and Institutional Conditions: Necessary But Not Sufficient
12.3 The Ethical and Relational Dimension of Market Activities
12.4 The Role of Religion in Strengthening the Ethical and Relational Dimension of Economic Actions
12.5 Does Christian Faith Provide an Additional Enlargement and Reinforcement to the Ethical and Relational Capacities of Human Beings?
12.6 Universal Ethical Principles of Christianity in the Economic Field
12.7 Some Specific Christian Relational Practices in the Economic and Business Field
12.8 Conclusion
References
Chapter 13: Conscious Capitalism and Orthodoxy
13.1 Introduction: A Brief Outline of Capitalism, Communism, and Socialism
13.2 Principles and Concepts of Christianity
13.3 Orthodoxy
13.4 The Orthodox Church and Wealth
13.5 The Concept of Conscious Capitalism (CC)
13.6 Conscious Capitalism and Orthodoxy
13.7 Conclusion
References
Chapter 14: Conscious Capitalism and Islam: Convergence and Divergence
14.1 Introduction
14.2 Conscious Capitalism
14.3 Conscious Capitalism and Islam
14.3.1 Business Orientation
14.3.2 Business Perspective
14.4 Conscious Capitalism and Islam: Convergence and Divergence
14.4.1 Fairness and Justice
14.4.2 Rendering to the Stakeholders Their Due
14.4.3 Competition and Cooperation (Ta’āwun)
14.4.4 Anti-concentration and Spreading Ownership of Capital
14.4.5 Higher Purpose as Part of a Distinct World View
14.4.6 Transformational Potential of Human Beings
14.4.7 Harmonizing the Role of the Private Sector and the Government
14.4.8 Conscious Capitalism Is Still Capitalism
14.5 Conclusion
References
Chapter 15: Islam and Conscious Capitalism
15.1 Introduction
15.2 Islam: A Path to the New Human Condition
15.2.1 The Individual in Islam
15.2.2 The Islamic Legal System
15.2.3 Socio-Economic Configuration in Islam and Economic Instruments
15.3 Principles and Values of Islamic Economy
15.4 Elements of Convergence Between Conscious Capitalism and the Values and Precepts of Islam
15.5 Critical Analysis
15.6 Conclusion
References
Chapter 16: Unpacking Conscious Capitalism: An Islamic Perspective
16.1 Introduction
16.2 Overview of Islam
16.3 Converging Ideals and Values Between Conscious Capitalism and Islamic Principles
16.3.1 Higher Purpose
16.3.2 Stakeholder Integration
16.3.3 Conscious Leadership
16.3.4 Conscious Culture
16.4 Conscious Capitalism and Islam: Convergent but Different
16.4.1 The Level of Analysis
16.4.2 Worldviews
16.4.3 Stakeholder Salience: Who Really Counts Most?
16.4.4 The Reason for Action
16.5 Conclusion
References
Chapter 17: A Baháʼí Perspective on Conscious Capitalism: Working for Individual, Organizational, and Systemic Transformation
17.1 Introduction
17.2 The Rise of Conscious Capitalism
17.3 Bahá’í Perspective: Individual and Organizational Level
17.3.1 Individual Level
17.3.2 Organizational Level
17.4 Putting Principles Into Practice: Two Case Studies
17.5 Bahá’í Perspective: Systemic Level
17.6 Conclusion
References
PART III: Non-theistic Spiritualities, Indigenous Spiritualities, and Conscious Capitalism
Chapter 18: Buddhist Economics: The Global View
18.1 Introduction
18.2 The Market System
18.2.1 Profit and Loss
18.2.2 Consumption and Production
18.3 Conscious Capitalism from the Buddhist Perspective Is Ethically Conscious Capitalism
18.3.1 Buddhism, Profit Limitation, and Poverty
18.3.2 Conscious Production and Consumption
18.4 Conclusion
References
Chapter 19: Buddhist Economics: A Guide to Creating an Equitable, Sustainable, Caring Market Economy
19.1 Introduction
19.2 Country Policies Drive Inequality and Carbon Emissions
19.3 Higher Inequality Reduces Both Individual and National Well-being
19.4 Inequality Also Drives Carbon Emissions Within and Across Nations
19.5 Living Mindfully and Ethically
19.6 How Corporations Can Contribute to the Holistic Economy
19.7 National Policies to Create an Equitable, Sustainable, Caring Economy
19.8 Conclusion
References
Chapter 20: Māori Perspectives on Conscious Capitalism
20.1 Introduction
20.2 Māori Values
20.3 Māori Values in Contemporary Aotearoa New Zealand
20.4 Nuka—A Case Study of the Tensions of Reconciling Environmental Protection with Business Imperatives
20.4.1 Valuing Nature: What’s the Use?
20.4.2 Ngā wā o mua—Knowing Our Place
20.4.3 Ināianei—Losing Our Place
20.4.4 Āpōpō—Finding Our Way Back
20.5 Manahau: Toward a Māori Theory of Value
20.6 Conclusion
Glossary of Māori Words
References
Chapter 21: The Maya and Conscious Capitalism: Indigenous American Integration, Neutralism, and Resistance
21.1 Introduction: Thought Questions
21.2 Pre-European Contact of Indigenous Mesoamerica and Pre-Capitalism
21.3 Colonial Indigenous Latin America and Early Capitalism
21.4 Indigenous Perspectives, Modern Maya Wage-Work, and Capitalism
21.5 Hybrid Indigenous American Conscious Capitalisms
21.5.1 Are Conscious Capitalism Higher Purposes Consistent with Maya Religious/Spiritual Perspectives?
21.5.2 Can Maya Spiritualities Contribute to the Existential Quest for Meaning in Modern Capitalistic Driven Life?
21.5.3 Conscious Capitalism Implies That Its Leaders Can Move Beyond Self-Interest. Can Conscious Capitalistic Empathy Approximate the Reciprocity Exhibited Within Maya Spirituality?
21.5.4 Is Conscious Capitalism Consistent with Traditional Maya Leadership?
21.5.5 Is Conscious Capitalism Complimentary to Indigenous Worldviews and Practical to Implement?
21.6 Conclusion
References
Chapter 22: A Meaningful Participatory Model of Conscious Leadership: Cultivating Spiritual Intelligence for Conscious Capitalism
22.1 Introduction
22.2 Conscious Leadership According to Mackey and Sisodia
22.3 Scientific Empiricism and SQ
22.4 Participatory Thought and SQ
22.5 A Meaningful Participatory Model of Conscious Leadership
22.5.1 Structure
22.5.2 Pattern of Organization
22.5.3 Process
22.6 Conclusion
References
Part IV: Further Thoughts
Chapter 23: The Philosophical and Spiritual/Religious Quest for an Encompassing Compassion in the Organizational Life: A Different Outlook on Conscious Capitalism
23.1 Introduction
23.2 The Organizational Loci of the Encompassing Compassion
23.3 The Philosophical Path to Encompassing Compassion
23.4 The Spiritual/Religious Path Toward an Encompassing Compassion
23.4.1 Compassion and the Pastness of the Present (Retroactive Compassion)
23.4.2 Compassion and the Presentness of the Present (Effective Compassion)
23.4.3 Compassion and the Futureness of the Present (Anticipatory Compassion)
23.5 The Encompassing Compassion as a Higher Purpose for Conscious Capitalism
23.6 Conclusion
References
Chapter 24: A Modest Proposal for More Kindness in Business
24.1 Introduction
24.2 Adam Smith and The Wealth of Nations
24.2.1 An Academic Theory That Worked Beyond Anyone’s Wildest Dreams
24.2.2 What Went Wrong with Capitalism?
24.3 Why Kindness Has Become So Vital for Next Stage Capitalists
24.4 Varieties of Kindness in Business
24.4.1 Dutiful Kindness
24.4.2 Strategic Kindness
24.4.3 Kindness for the Sake of Kindness
24.4.4 Limitations of a Kindness Agenda in Business
24.5 Conclusion
References
Correction to: Unpacking Conscious Capitalism: An Islamic Perspective
Correction to: Chapter 16 in: M. Dion, M. Pava (eds.), The Spirit of Conscious Capitalism, Ethical Economy 63, https://doi.org/10.1007/978-3-031-10204-2_16
Index


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