Humanism and Economics

submitted by Jennifer Hancock – Humanist Learning Systems

Why relevant to Humanistic Management?

A Humanistic approach to business is about balancing profits WITH human welfare. One doesn’t come at the expense of the other. But when it doubt, human welfare comes first!

“Humane societies should evaluate economic systems not by rhetoric or ideology, but by whether or not they increase economic well-being for all individuals and groups, minimize poverty and hardship, increase the sum of human satisfaction, and enhance the quality of life. Hence the door is open to alternative economic systems. We need to democratize the economy and judge it by its responsiveness to human needs, testing results in terms of the common good.”

– Humanist Manifesto II (1973)