Business as an Agent of Human Flourishing and the Greater Glory of God
by Rod St Hill
It is now three years since the Global Consultation on The Role of Wealth Creation for Holistic Transformation and subsequent publications. During August and September 2020 we will have a series of articles on wealth creation, reflecting on the eleven affirmations in the Wealth Creation Manifesto, which now exists in 17 languages.
Even the simplest one-person or family businesses as most are, especially in poorer countries, unleash the creative capacity in the human person, bringing together various inputs and transforming them into products that contribute positively to human flourishing. Not only do the products contribute to human flourishing, but the processes associated with business create opportunities for the realisation of human dignity.
The purpose of this blog is to reflect and comment upon the seventh and eighth affirmations of the Wealth Creation Manifesto:
7. The purpose of wealth creation through business goes beyond giving generously, although that is to be commended; good business has intrinsic value as a means of material provision and can be an agent of positive transformation in society.
8. Business has a special capacity to create financial wealth, but also has the potential to create different kinds of wealth for many stakeholders, including social, intellectual, physical and spiritual wealth.
I studied economic development at university over 40 years ago. I still recall reading Dudley Seers on ‘The Meaning of Development’. [1] He conceptualised development in terms of ‘realisation of the potential of human personality’. For this, he argued there were a number of necessary conditions, namely:
- Basic needs – food, clothing, footwear, shelter – must be met
- A job – defined broadly to include paid and unpaid work like studying, working on the family farm and housekeeping – to satisfy the need for self-respect
- Other conditions such as good education, freedom of speech, and citizenship of a nation that is truly independent
In the first decade of my academic career I taught development economics. My students were certainly made aware of Seers’ concept. I also introduced my students to Amartya Sen’s work. He rejected the idea of ‘development’ and focused on freedom as the ultimate goal of economic life as well as the most efficient means of realising general welfare. According to Sen, overcoming deprivations (‘unfreedoms’) is central to development. These include hunger, ignorance, an unsustainable economic life, unemployment, barriers to economic fulfilment by women or minorities, premature death, violation of political freedom and basic liberty, threats to environmental sustainability, and poor access to health, sanitation, or safe water. [2] Read more


Julia in Mongolia – Hospitality Industry




