Catholic Social Thought and the Economics of the Common Good
Lord Glasman on BBC Radio 4: Does Profit Corrupt?
This is the text of the Craigmyle Lecture to the Catholic Union delivered by Lord Glasman, Director of the Common Good Foundation, on 10th October 2019 at Notre Dame University, London.
In his obituary in the Times in 1998 they described the third Lord Craigmyle as ‘a convert with a deep piety and astonishing personal generosity’. I am sorry to disappoint you so early in the evening but I embody none of those virtues. All I can offer is the only one I have which is that of gratitude. I am extremely honoured to be asked to speak to the Catholic Union on this subject of Catholic Social Thought and the Economics of the Common Good. I am grateful at three levels. . .
Common Good Economics, Seminar 4: Corporate Governance
Lord Glasman and Lionel Barber, Editor of the Financial Times, debate whether profit corrupts, on Across the Red Line on BBC Radio 4. Presented by Anne McElvoy.
Common Good Economics, Seminar 3: A Vocational Economy
The Corporation is no longer conceived of as a self-governing institution constituted by its various mutually dependent parts as befits its status as a civic body but as a cash machine based upon profit maximisation.
Common Good Economics, Seminar 2: Common Good Banking
A good society, defined here as a society capable of producing goods, requires institutions within the economy that preserve the skills and practices required for concerted responses to innovation and uncertainty.
Common Good Economics, Seminar 1: Arguments and Assumptions
Nothing much has changed in two thousand years. The global entrepot-hub of the City of London is world-leading and thriving; the domestic and regional financial sector has been starved of sunlight for several decades and does a relatively poor job of supporting domestic households and firms.
Antonio Gramsci, the Italian Communist theorist in the early part of the Twentieth Century, described an interregnum as a time when ‘the old is dead but the new cannot be born, when there is fraternisation of opposites and all manner of morbid symptoms pertain.’