“What’s a Business For?” Report
For this blog post I am being asked to respond to specific questions from “What’s a Business For?” By Charles Handy. This article was published in 2002 by Harvard Business School Publishing Corporation. Based on what you read in the first two pages (pages 3 and 4), why are virtue and integrity so vital to an economy? Virtue and integrity are vital and essential in our economy. Handy said it best when he said, “Markets rely on rules and laws, but those rules and laws in turn depend on truth and trust. Conceal truth or erode trust, and the game becomes so unreliable that no wone will want to play. The markets will empty and share prices will collapse, as ordinary people find other places to put their money – into their houses, maybe, or under their beds. The great virtue of capitalism – that it provides a way for the savings of society to be used for the creation of wealth – will have been eroded. So, we will be left to rely increasingly on governments for the creation of our wealth...