Cardinal Turkson: teach principles of Catholic social teaching to business leaders
April 01, 2014
Speaking in Houston, Texas, to faculty members from Catholic business schools, the president of the Pontifical Council for Justice and Peace said that business-school students “need to learn the foundations of ethical business decisions.”
Cardinal Peter Turkson argued that ethics in business should not be treated as a “technical feature” for specialized study. “There is no facet of business to which ethics does not apply,” he said. The cardinal recalled the words of Pope Benedict XVI in Caritas in Veritate: “The economy need ethics to function correctly.” Providing his listeners with a brief summary of the foundational principles of Catholic social teaching, Cardinal Turkson said that “business leaders need to develop good habits of discernment, a process of discovering the good in the concrete here and now, by employing these great principles.”
Cardinal Turkson said that ethical business leadership should seek to “produce goods that are truly good and services that truly serve,” to serve the community by providing good jobs, and to “create sustainable wealth through efficient and productive processes producing healthy profits.”
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