Something further is needed if business and industry is to fulfill its role, not just as the great provider of goods, services and jobs but also in building a more just world order. A moral and spiritual dynamic, reflected in the lives of business people is required, which touches inner motivation and gives vision, wisdom and insight into people and situations.

In a robust critique of the causes of the banking and economic crisis, Lord Phillips of Sudbury, Chancellor of Essex University and the founder of Bates, Wells and Braithwaite law firm, London, spoke of an ‘overarching, rampant materialism that is undermining our society’. He was addressing the fourth in a series of round-table forums on banking ethics held by Caux Initiatives for Business in the London centre of Initiatives of Change on 23 March.

With a briefcase and a motorcycle, a banker in India gets poor communities on their feet—and, in the process, blurs the lines between finance and community organizing.


The Indian industrial empire that is producing social capital as well as profits.

Corruption is bad for business and bad for health, says Suresh Vazirani, Managing Director of an award-winning hi-tech company

Zimbabwean small scale farmers are benefiting from 'born again' sweet potato plants, developed by Zimbabwean scientists, that have had a damaging virus removed.

Mumbai businessman Rajendra Gandhi has made recycling a matter of moral principle.

Rebuilding after war - and rebuilding relationships - are keys to sustainable development says agriculturalist, Paul Craig.

A leading apostle of employee share ownership sees worker-owned companies as a model for sharing wealth and improving company performance.

India's information technology revolution has turned the nation into a 'software superpower'. Can it help to bridge the rich-poor gap?

Shipyard worker, Ryuzaburo Kaku, rose to become Chairman of the cameras-to-copiers multinational Canon. Few Japanese businessmen have gone out on a limb the way Kaku has, in advocating a global philosophy for business.


Caux Initiatives for Business (CIB) encourages business leaders, young professionals, NGO representatives, trade unionists, experts and decision makers to work together to bridge the gap between the theory and practice of values - in personal conduct and in economic life.

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