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The isolation of markets from culture has distorted businesses aims. Too many firms prioritize short-term perspectives over longer term economic and social purpose. This lack of social embeddedness fuels society’s distrust of business.


Virtue (Cont.)

Restoring business as a force for societal good will require companies to engage meaningfully with their supply chains, shareholders, communities and employees. This would restore positive employee and consumer engagement, benefiting all.

Fostering virtue in business and the economy alone is insufficient. The ethos of our institutions must also be restored. Recent years have witnessed a public service crisis in care, in prisons and in our schools, driving the fragmentation of our shared values. The need for a shared public good is most vital in our democratic institutions, which are facing an unprecedented breakdown in public confidence. Enabling our institutions to teach ‘objective goods,’ which support discernment of purpose and excellence in their members, is key to the generation of virtue.

Virtuous business and institutions require a core understanding of human virtue. We have allowed an economic view of humanity to pervade our morality. Achievement in education is defined by narrow standardized targets, and at work we excessively valorize financial status. Instead, we must inject meaning and dignity into the everyday life for all.  Both government and our intermediary institutions have the potential to make a fundamental impact. From family and community, through to schools, business, mutual associations, local government and faith communities, these institutions can enable individuals to achieve their potential and contribute to the common good.

Virtue Workstreams

Britain’s Global Future: the diplomatic impact of UK civil society
12th July 2017

ResPublica is launching its latest report on British soft power and the vital role of institutions in British foreign policy. It explores the unique position...

True North 2016: Realising the Northern Powerhouse
8th July 2016

On Friday 8th July, ResPublica’s inaugural North conference Finding True North hosted over 250 leaders from across the North at the beautiful Lowry Theatre, Salford....

In Professions We Trust
14th July 2015

ResPublica invites to you the launch of its latest report: In Professions We Trust: Fostering virtuous practitioners in teaching, law and medicine. This report will...

Virtue in Education: Character, Non-Cognitive Skills, and K-12 Education
4th June 2015

ResPublica’s Director, Phillip Blond, will be speaking to an education conference in New York, hosted by the Jubilee Foundation. The event will see a preview...

Virtuous Banking: Placing ethos and purpose at the heart of finance
29th July 2014

On Tuesday 29th July 2014 at the Financial Times, ResPublica will be launching its latest report: Virtuous Banking: Placing ethos and purpose at the heart...

ResPublica’s Holistic Mission report scheduled for debate in the House of Lords
29th October 2013

ResPublica is pleased to announce that its recent report, Holistic Mission: Social action and the Church of England, has been scheduled for debate in the...

The Future of the Press: Does hyperlocal deserve the hype?
12th February 2013

Local newspapers play an important social role in our communities, reporting on local issues which would otherwise go unnoticed by the national press and holding...


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