the COVID-19 crisis | Moral Markets?

Why Ford, Chanel and Other Companies Pitch in During a Crisis – Without the Government Ordering Them To

by The Conversation ("Academic Rigour, Journalistic Flair") | 22 May 2020 | business ethics & CSR, Research updates

“In all, hundreds of companies across the globe have committed money, supplies and know-how to help with the COVID-19 response, according to the U.S. Chamber of Commerce Foundation’s corporate aid tracker. Why are these companies being so generous? As scholars of corporate social responsibility, we believe altruism certainly plays a role for many of them, but it’s not the only motivator. Research on company behavior points to two others: bolstering reputation and avoiding regulation.”

Rebuilding the Economy Around Good Jobs

by Harvard Business Review | 22 May 2020 | Opinion & Ideas, work - meaning & future

“The widespread use of the bad jobs system has long been a costly (and sometimes fatal) problem, but the pandemic offers a unique chance to do something about it. “

Four Ways Economic Crises Can Change Things for the Better

by The Conversation ("Academic Rigour, Journalistic Flair") | 18 May 2020 | historical perspective

“Crises often bring forward positive change. For example, the UK government is cushioning the economic impact of COVID-19 lockdown by using tools broadly developed as a result of the great depression – mostly by Keynes and his disciples. Here are four of our favourite examples from history of crises catalysing radical changes.”

Coronavirus: Big Tobacco Sees an Opportunity in the pandemic

by The Conversation ("Academic Rigour, Journalistic Flair") | 14 May 2020 | business ethics & CSR, health care

“Over the last few months, as COVID-19 has spread around the world, big tobacco has exploited the pandemic to push its branding and products. The industry never misses a trick when it comes to exploiting the chaos of international crises, including wars. The current pandemic is no exception.”

What Good Business Looks Like

by Harvard Business Review | 13 May 2020 | business ethics & CSR

“Fifty years ago Milton Friedman famously wrote that ‘the social responsibility of business is to increase its profits.’ The doctrine of shareholder supremacy was born and, notwithstanding a growing movement towards a more conscious capitalism, continues to reign. Suddenly, even that axiom feels less self-evidently true than did it a few months ago. We are seeing a rising number of companies showing up in this crisis with humanity. They are stretching themselves to support stakeholders other than their investors: employees, customers, suppliers, and wider society.”, so Paul Polman, Raj Sisodia and Kip Tindell argue.

Green Today, Gone Tomorrow?

by Project Syndicate ("The World's Opinion Page") | 13 May 2020 | climate change & sustainability, Opinion & Ideas

“The COVID-19 crisis represents an unexpected opportunity to accelerate the transition to a more sustainable and resilient economy. But as societies start to emerge from the pandemic, will the temptation to return to business as usual prove too great?”

Making the Best of a Post-Pandemic World

by Project Syndicate ("The World's Opinion Page") | 12 May 2020 | climate change & sustainability, economic growth & GDP, globalisation / free trade, inequality & justice, Opinion & Ideas

“All three – greater government action, retreat from hyper-globalism, and lower growth rates – predate the pandemic. And while they could be viewed as posing significant dangers to human prosperity, it is also possible that they are harbingers of a more sustainable, more inclusive global economy.”, says economist Dani Rodrik.

The New Empty Argument Against Trade

by Project Syndicate ("The World's Opinion Page") | 12 May 2020 | globalisation / free trade, Opinion & Ideas

“To those already predisposed to favor domestic production over international trade, the COVID-19 pandemic seems like a case in point. Yet a closer look at the facts shows that, if anything, the current crisis offers powerful evidence of why we need global supply chains and widely distributed production”

Navigating Deglobalization

by Project Syndicate ("The World's Opinion Page") | 11 May 2020 | climate change & sustainability, globalisation / free trade, Opinion & Ideas

“Appeals to recommit to globalization are highly unlikely to gain traction in the wake of the COVID-19 pandemic. Those keen to preserve globalization would instead be better advised to focus on minimizing the disruption caused by the coming period of deglobalization and laying the groundwork for a more sustainable process thereafter.”

Why It Doesn’t Make Economic Sense to Ignore Climate Change in Our Recovery from the Pandemic

by The Conversation ("Academic Rigour, Journalistic Flair") | 7 May 2020 | climate change & sustainability

“the pandemic is not a reason to weaken the commitments to net zero emissions. In fact, climate action is a vital protection against further global shocks, especially as governments plan their post-pandemic stimulus packages.”

Moral Markets?

For an Economy of Human Flourishing

Moral Markets?

For an Economy of Human Flourishing

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Articles & blogs on the COVID-19 crisis

Tag: the COVID-19 crisis