Here are two statements:
Following your own self interest benefits everyone. (Adam Smith)
Acting with integrity benefits everyone. (Conventional morality)
The conventional view is that these two statements are mutually exclusive.
The truth is there is a place where those statements intersect. That place is the economics of integrity and it’s the sweet spot of our economy.
When acting with integrity is in our self interest we get a double payoff: economic growth and societal benefits. This opportunity often exists in the short run but it’s always there in the long run. The only way to create lasting wealth is to act with integrity.
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Enjoyed your posting very much. I am now reading The Empathetic Civilization by Jeremy Rifkin. Excellent read describing the most modern intersection you describe, and the individual and collective that an increasingly empathetic civilization provides.
ReplyDeleteIrene Becker, www.justcoachit.com
Thanks so much Irene. That's a good reminder that I need to get a copy and have a read!
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