It is as if we saw in the markets, in recent years, an attitude develop that if I have got a contract and a product that has got a market, and it is legal, then I don’t have to ask any other questions about rightness or suitability. I would suggest that simply won’t do, and indeed I think we all know that it won’t do.
It won’t do because, firstly, the markets show themselves to be extremely unstable – and at times dangerously so.
Secondly, it won’t do at the level of our own psychology; we know that isn’t sufficient for the way we think about the world. Why should we therefore project this as being a reasonable way of thinking about society more generally? The social statistics clearly show that this does not correlate very closely with human happiness.
Author: Stephen Green
Source: Deloitte Review
Subjects: Economics, Social Responsibility (ESG)
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