Go back to index page Issue number 62
December 1997

Contents and Introduction
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In this issue
Multilateral Agreement on Investment – and Democracy

Building Partnerships – People Power at the U N

Sec Gen Kofi Annan's address to the 50th annual DPI / NGO conference at the U N

Model Nuclear Weapons Convention

Nuclear Age Peace Foundation Santa Barbara, CA, USA

1997 Right Livelihood Award from Stockholm, Sweden

Appeal of the Nobel Peace Prize Laureates ~ For the Children of the World

'Prisoners of Poverty' – an article

1998 – International Year of the Ocean

Symposium on Water – UNESCO News

Water Ethics – UNESCO sources

Equations – Equitable Tourism Options

Excerpts from a speech by Peter Russell

A well known business ethicist and university professor, guest speaker at a recent Business Round Table meeting, is reported as saying that the morality of business enterprise is "to play by the rules and make profit". To impose any other requirements on business to be moral could endanger not only the companies but also the community, insists the professor, stressing this point further by saying that "business enterprise ought to be subject to no higher morality than that to which private persons are answerable."

Seeming virtually to imply that business as well as private people may well at times have a tendency to settle for the lowest possible denominator where morality is concerned, the business ethicist goes on to urge that people should not "be embarassed by the universality of the desire to better ourselves", adding for clarification that the characteristic of "wanting more" is after all universal. Based on this concept, he sees the role of "corporate raiders who engineer take overs" as "serving valuable social ends", because although ". . .their aim is to enrich themselves. . .they do so by finding inefficiently used capital and redeploying it in more efficient ways."

The article ends by conceding that "companies could, of course, do 'good works' in the process of doing business, but they need to be answerable to their shareholders."

With the ever freer flowing world trade, the internationalising of law and order, and the increasingly accepted realisation that this planet is an interacting, interdependent whole, we must, I think, urgently consider the possible implications of this way of thinking.

Agreeing in principle that one should not expect more morality from one person or institution than another, doesn't it seem clear that a leadership in ethics can come from no other place than the individual human being, implementing the "universal desire to better ourselves" he speaks of, in acts, guided by conscience, working for the good of the whole, rather than "wanting more" for the individual self?

And considering that our world is inexorably moving towards a global neighbourhood of peoples and nations, and that every human being once born to this planet is a rightful shareholder in the common household, who should we be answerable to if not to the whole neighbourhood and every neighbour in it? "Good works" would be "good business", furthering the interests of every single shareholder and making it possible for us all to move onwards towards greater fulfilment of our human potential.

"It is not sufficient merely to spiritualize our life,
but what we need is to materialize our spirit
To despise matter for the sake of spirit
is in no way better than
mistaking matter to be the only reality."

Lama Govinda

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Many to Many
a quarterly publication issued by
Operation Peace through Unity

Anthony Brooke and Gita Brooke, co-founders
Te Rangi, 4 Allison Street, Wanganui 5001, New Zealand
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OPTU is an accredited NGO in association with the UN Dept of Public Information
Many to Many
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