The root of the banking crisis is a lack of trust. Trust is central. Money is trust and its price is high - as measured by the interest rate. What this means is that the banks will not trust each other, and will not give each other much credit. The literal meaning of credit is 'to believe'.
Ethical Enterprise Professional Development Course
Written by Osbert Lancaster
Friday, 19 September 2008 14:04
"I'll try to feedback properly and not just rave..." said a previous participant on my Ethical Enterprise course at the Centre for Human Ecology and Strathclyde University.
Based around two, two day intensive workshops, participants will investigate how organisations, intent on delivering social and/or environmental benefits through trading, can maximise their contribution to ecological sustainability and social justice.
Looks like rocky times ahead for all of us - financial markets in turmoil, fuel and food prices soaring, unemployment rising. The US and Europe are facing a long period of recession, with knock on effects across the globe.
What does this mean for businesses that are trying to be responsible?
Last month I mentioned that I'd been appointed to the Scottish Government's Climate Challenge Fund grants panel. The projects offered funding at our first panel meeting have just been announced.
"Aaahh - so that's what that symbol is for!" I was running a workshop for a client, helping a team find ways of keeping up to date with the tidal wave of information about climate change, sustainability, social justice and all the rest of it.
Overwhelmed by endless bad news about environmental degradation, social injustice, war and all the rest of it, I used to feel burdened with a responsibility to do something about it.
Andrew Simms has written about the mesmerized inertia we live in. In the face of global environmental catastrophe, we cannot act. What will it really take to wake people up?
…why did anyone think it was a good idea to call our species 'sapiens'?
Max Mosley has won his case. The underlying issue was whether Mosley’s right to personal privacy should be subordinated to the News of the World’s right to free speech. This raises an important question, whatever you think of his father’s politics or his own behaviour.
