- Wholeness and interconnectivity
- Right relationships in business and economy
- Risk management
- Balance and equilibrium (supply and demand)
- Community and place
- Wider social, economic and environmental context
Here, Professor David Cadman explains the significance of such an initiative.
“Economy has become the doctrine of our time. Its so-called laws are said to apply not only to commerce but to all aspects of our lives, where we are urged to be ‘business-like’. And yet the evidence of where this doctrine has taken us is disturbing – economic instability, economies that can only survive with almost zero interest rates, environmental degradation that now threatens our existence, and a widening of the gap between those that have and those that do not, with absurd aggregations of wealth by a tiny minority. In these circumstances it is those that hold to convention who should really be explaining themselves – but they don’t, nor are they asked to.
So, what might principles of Harmony bring to this? Oddly, the theory of Economy depends on something that looks remarkably like Harmony – the balance between supply and demand and the natural inclination of markets to move towards and away from equilibrium. Where the principles of Harmony that we speak of are different is in their intent. Economy seeks to enable individuals to satisfy themselves. Our principles ask for something that is wider in scope, the wellbeing of all that is. And yet there is no economy that is not in some way or another supported by subsidy and social effort – at the very least, for example, the provision of roads and security and the willingness of people to join together in work. The notion of the Free Market is largely a fantasy!
Harmony enables us to discuss commerce and enterprise within community and within environment – businesses live within environments and communities, but until recently have not been prepared to openly discuss their interdependence. A new language of enterprise is required if we are to continue to live together on this limited planet.
Can we, in this Harmony initiative, begin to outline what that discourse would be like? Can we dare to imagine something other than we have been told is possible?”
Students from the Carmarthen Business School used Lego Play to facilitate a discussion about what a business inspired by principles of Harmony might look like.