Compassion is the fuel for a new economy

Chade-Meng Tan’s talk gave renewed hope to an idea I had for a model economic development and empowerment for youth that promotes the greater good. Last summer I ¬†participated in a course at St. Bonaventure University’s Franciscan Institute. It was called, “Retrieving a Franciscan Philosophy for Social Engagement.” As part of the course I was required to come up with a timely application of the principles which we were studying. The following is taken from a paper I wrote this summer.

“Life reduced to its simplest equation is about relationships. Implicit in these relationships is contract. Most of the time the contracts are implied and at other times in the are complex legal agreements governing business transactions. We live at a time and in a culture that is desperately looking for ¬†a response to life that is grounded in principles that respect both the buyer and the seller. Principles that invite not only common property but value for what we can call the common good? Some might argue that such ideas are too idealistic and that nowhere is there any evidence that anyone has successfully applied such an approach.”

Chade-Meng Tan’s talk provides evidence that such principles are used very successfully at Google. Glad to have found this talk and thank you to TED for publishing it.

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