Adam Smith (1723-1790) is known as ‘The Father of Economics’. It is interesting to discover, his journey to prominence began in ethics or moral philosophy, which highlights the relevancy of ethics in economics. Today, we are struggling with environmental devastations and social inequalities, largely driven by modern economics which (arguably through lack of regulation), has become subject to significant corruption, clearly lacking ethics. When grappling with the challenges of sustainable development, how do we navigate the very complex and varied picture? Our human mind has natural ‘neuroplasticity’ which means we can change our thought pathways, away from habitual urges of greed, entitlement and fear. We all have a basic understanding and innate sense of kindness, therefore the ‘compass of kindness’ offers an accessible ethical support to our thought processes when reflecting on complex issues of sustainability, and navigating decisions for sustainable change.
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