amnesiac

The recession’s deep and probably getting deeper.  The reasons for why we’re in this situation are many and complex.  But when it comes down to it, underlying all the technical causes is greed.  The greed of individual bankers, of course, but, more importantly, corporate greed – the ‘get culture’ that is at the heart of the whole banking sector.

For many people there is only one possible way forward out of the recession and that is change – but what kind of change is needed?  Surely, the most important change that can be made is to introduce morality into the business sector.

Last week Gordon Brown, the Prime Minister of the United Kingdom, acknowledged that unsupervised globalisation of the financial markets crossed moral as well as financial boundaries.  This is an important first step in introducing morality into the business world, but there’s still a long way to go.

Many people in the world of religious education pricked up their ears as educating the next generation of bankers and financial managers in the morality espoused by the major world religions is surely the best way forward.  Using religious values and instilling them in the business sector, must be a good first start at creating a new ethical world.

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