By Anthony Painter
The RSA Blog
Originally posted on May 29, 2014
David Marquand wants a new public philosophy. This philosophy will be based on ethics – a morality of social justice beyond the market. He sees that we are in a ‘moral crisis’. Markets, individualism and greed have taken over. The public good has been in retreat since Margaret Thatcher came to power.
He has found unlikely allies this week. Mark Carney, Governor of the Bank of England, and a group of capitalists gathering under an ‘inclusive capitalism’ banner have also suggested a different moral economy – though they would not necessarily express it that way. Smart business people and financiers see that the legitimacy of their activities relies on a different alignment between ethics and business. It is more about self-interest than morality. Nonetheless, the crossovers with David Marquand are intriguing.
The entire article is here.