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100@change and the "Declaration of Business School Independence/Transcendence"

  • 1.  100@change and the "Declaration of Business School Independence/Transcendence"

    Posted 08-10-2017 11:07

    Jim,

     

    Well said! Indeed a manifesto.

     

    Perhaps the greatest test we face as we move forward is similar to that faced by our forefathers. Only our challenge is to succinctly articulate the philosophical and economic paradigm necessary to implement our manifesto. If we do not do so and then use it as a rallying cry, all other efforts will be in vain, as it is the neoliberal paradigm that gives the current situation its moral and political force. This should be self-evident through the seeming inability of fortune 500 and global 100 corporations, except in a few marginal cases, to maintain any momentum in embedding sustainability and shared well-being in their business models due to excessive pressure to maximize shareholder wealth today.

     

    This was a major theme in my presentation at the Academy of Management conference in Atlanta last Monday in the symposium on the interface between spirituality and sustainability, "Spiritual Leadership: Embedding Sustainability in the Triple Bottom Line" (I'll be happy to share this presentation if interested). There I proposed a new neohumistic paradigm which, although it has seen some initial work and needs to be refined for our purposes, can provide the philosophical and economic underpinnings for the revolution you so well-articulated.

     

    Economic Sustainability: From Neoliberalism to Neohumanism


    Neoliberalism: Business as an institution exists to enrich its shareholders. From this perspective, business activity takes place in the context of unconstrained markets and free trade, in which an "invisible hand" efficiently guides the allocation of resources through the decisions of self-interested, rational, utility-maximizing individuals. Most obvious in economics and finance curricula, this paradigm argues for individual responsibility, organizational efficiency and the same rights for corporate organizations as those accorded to people. Other chief elements include unrestrained competition and freedom from government intervention (also known as laissez-faire government).


    Neohumanism: is an ecological, holistic, comprehensive philosophy. Drawing upon ancient teachings on the levels of consciousness to break the bonds of the self-centered ego, a neohumanistic approach to education seeks to develop the more subtle capacities of the human mind so necessary for a sustainability mindset. Neohumanism transcends and incorporates humanism and is philosophically grounded in the spirit of benevolence. It broadens our understanding of what it is to be human by promoting an ecological awareness of our relationship with the full depth and mystery of the universe. It includes within its scope, not only human beings and animate creatures such as plants and animals, but all of nature as well.

     

    Finally, given my university is a founding member of the One Planet Education Network or OPEN (a picture of our campus is on the home page), which is supported by the World Wildlife Fund and headquartered in Geneva, I would be remiss if I didn't share this effort with you as we believe it can be a platform for this revolution.


    https://oneplanetbusiness.org/


     For further inquiry I suggest you contact Tony Cooke, OPEN's CEO.  Tony.Cooke@wwf.ch

     

    Warm regards,


    Jody



    Louis W. (Jody) Fry, Ph.D.
    Professor, Texas A&M University - Central Texas
    1001 Leadership Way
    Killeen, TX 76549
    lwfry@tamuct.edu

    From: James Stoner <stoner@fordham.edu>
    Sent: Thursday, August 10, 2017 4:09 AM

    Subject: 100@change and the "Declaration of Business School Independence/Transcendence"
     

    Inspired, in part, by Payal's recent e-mail announcement of the first volume in her book series, and partially in response to promises I made to  a few folks, here -- embedded and attached–– for everyone's amusement––is a rewritten version of the American  Declaration of Independence.

    It was not included in the  2016 100&change application submitted on behalf of of the network of Jesuit business Schools and their two umbrella organizations, but it is part of the conversation that was and is the goal of the original application and actions building on that application.

    Enjoy.
    .
    Warm regards,

    Jim


     

    The Declaration of Business School Independence (Transcendence?)

                                                

    IN COMMUNITY, July 27, 2016

    The unanimous Declaration of the (n = number to be added) Jesuit [or other]Business Schools

     

    When in the Course of global events, it becomes necessary for one academic community to abandon the intellectual framework which has bound them to another, and to teach the ways of producing and consuming that the needs of Nature and of Nature's Species call them to teach, a decent respect for the opinions of their colleagues requires that they should declare the causes which impel them to these new actions.

     

    We hold these truths to be self-evident, that all Business Schools are created to serve present and future generations, that they are endowed by their communities with certain inalienable Obligations, that among these are guiding business leaders to create Global Well-Being for present and future generations – care for the created world, right work, social justice, and poverty alleviation.  --That to meet these obligations Business schools are instituted, deriving their just powers from the contributions they make to all species, --That whenever the Dominant paradigm of business school teaching becomes destructive of these ends, it is the Obligation of the academic community to alter or to abolish it, and to institute new practices, laying their foundation on such goals and organizing their teaching and research in such form, as to them shall seem most likely to move toward global well-being.  Prudence, indeed, will dictate that business teaching long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that professors are more disposed to teach failing approaches, while their failures are sufferable, than to right themselves by abolishing the theories to which they are accustomed. But when a long train of failures evinces a momentum to destroy the capacity of the planet to support human and other life, it is their right, it is their duty, to throw off such outmoded teaching, and to provide new thinking for their present and future well-being.--Such has been the passive sufferance of these faculties; and such is now the necessity which constrains them to alter their former theories and their teaching thereof. The history of the present Neoliberal global paradigm taught in business schools is a history of apparent success and hidden failures, both having the direct effect of exhausting the resilience of the people and destroying the capacity of the planet to support them. To prove this conclusion, let Facts be submitted to a candid world.

     

    Business teaching has refused to Assent to Laws of the Universe and husbanding of a finite planet's resources, that are most wholesome and necessary for all species' well-being.

    Business teaching and research in all fields has contributed to creating armies of graduates bent upon destroying the capacity of the planet to support all species while feeling they are contributing to the world and proud of themselves as they do so:

     

     Dominant mainstream Finance teaching and research

                has explicitly denied that business companies exist to serve society, arguing that they are the property of only their shareholders with the solitary obligation of obeying laws passed by an unbiased government,

    has ignored business investments in corrupting law makers into setting rules beneficial to specific businesses and harmful to the polity as a whole,

    has promulgated, as an article of Faith, the Myth that shareholder wealth maximization will serve all members of society fairly, justly, and effectively, while ignoring contrary evidence – Arguing that an invisible hand will solve all problems when markets are left alone to do their magic,

    has ignored the complexity and  magnificence of our species by characterizing it as Homoeconomicus-money grubbing, homogeneous entities interested only in getting and spending money on themselves,

    has twisted the evolutionary reality of cooperation for species survival into a Myth of unbridled competition "red in tooth and claw" as the secret of business and societal success,

    has the hubris to teach and believe, despite all evidence to the contrary, that our species is smart enough to create compensation contracts for executives that cannot be gamed and will actually yield optimal long-term results for their companies and societies,

    has promulgated the Myth that senior executives, by their brilliant leadership and by themselves, create  great companies and deserve compensation packages that would be the envy of King Croesus,

    has promulgated the Myth that a "free market" of CEO talent exists and functions effectively to yield excellent company leadership, justly compensated,

    has championed massive inequality in compensation between top executives and lowest paid organizational employees while ignoring the malicious impacts of such inequality,

    has failed to bring into everyday teaching and research the tragic consequences of income inequality within and across societies

     

    Dominant mainstream marketing teaching and research

    has accepted without challenge the dominant finance narrative of what business's rightful role is in society

                has become a vehicle for teaching students to take-make-waste-faster-and-faster-for-the-richer-and-richer,

                has succeeded in making consumerism the new global religion,

                has moved from meeting human needs to creating human wants, only partially satisfying them, and re-creating them in unending repetition,

                 

    Dominant mainstream accounting teaching and research

                has accepted without challenge the dominant finance narrative of what business's rightful role is in society,

                has devoted its efforts to tracking only the financial impacts of company actions,

                has ignored the wide range of other impacts business has on individuals, societies, and nations

     

    Dominant mainstream business economics teaching and research

                has embraced whole-heartedly the dominant finance narrative of what business's rightful role is in society,

                has championed Gross National Product is the key, or sole, determinant of human well-being,

    has assumed that GNP can increase exponentially forever on a finite planet,

    has ignored the complexity and  magnificence of our species by characterizing it as Homoeconomicus-money grubbing, homogeneous entities interested only in getting and spending money on themselves,

               

    Dominant mainstream management teaching and research

    has accepted with barely a whimper the dominant finance narrative of what business's rightful role is in society,

    has devoted itself to guiding students to be successful in business as usual within that finance/Neoliberal narrative,

    has largely ignored the need for, and methods of, bringing about transformation of business and all organizations into vehicles for global well-being,

    has ignored the rights and needs of future generations in its research and teaching

     

    Dominant mainstream ethics teaching and research

    has accepted without challenge the dominant finance narrative of what business's rightful role is in society,

                has devoted itself to guiding students in ways to define ethical business issues and decisions, and perhaps to act on them, within the dominant business paradigm,

                has excluded future generations from ethical analyses and proposed actions

     

    A business education, whose character is thus marked by every act which may create a vehicle for creating selfish sociopaths as business leaders bent on destroying the earth for their own benefit, is unfit to be a guide of present and future generations.

     

    Nor have we, as Business Educators, been attentive to the concerns of our colleagues in other professions nor to the empirical evidence developed by them.  We have been warned from time to time of the damage being done to the planet's capacity to support our species and the cultural and social damages done by unregulated businesses acting locally and globally.  We have been reminded of the hollow and empty lives that result from the religion of consumerism and the loneliness and despair created by dog eat dog business practices.   We have been reminded of the tragedy of destroying the beauty of nature and the inhumanity of treating other species as only vehicles for satisfying human wants.  We have ignored appeals to integrate our native justice and magnanimity into our teaching and research and have conjured up excuses to disavow our higher feelings, which, if acted upon, might inevitably interrupt our own career progress. We too have been deaf to the voice of justice and of consanguinity.

     

    We now must, therefore, acquiesce in the necessity of our Separation from our outmoded and destructive teaching and research, and hold ourselves called to discover and make real a new Business teaching and research that will create a flourishing world:  holding ourselves and the rest of mankind, Partners in global well-being.

    .

    We, therefore, the (n = number to be added) Jesuit [or other] Business Schools

    in Community Assembled, appealing to peoples of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of  these universities, solemnly publish and declare, That these Business

    Schools are, and of Right ought to be Free to transform their business curriculum to create global well-being; that they are Absolved from all Allegiance to outdated and destructive myths and theories, and that all intellectual connection between them and those myths and theories, is and ought to be totally dissolved; and that as Free and Independent Business schools, they have full Power to create new curricula and pursue meaningful research that will contribute to Global well-being and to the flourishing of our own and all other species. And for the support of this Declaration, with a firm reliance on the beneficence of the MacArthur Foundation 100&Change grant, we mutually pledge to each other our Time, our Academic Reputations, and our Sacred Honor.

     

    Planned next step: replace the names below from the United States Declaration of Independence with the names of the participating Business Schools  and perhaps their key officers.

    The 56 signatures on the Declaration appear in the positions indicated:

     

    Georgia:

       Button Gwinnett

       Lyman Hall

       George Walton

    North Carolina:

       William Hooper

       Joseph Hewes

       John Penn

    South Carolina:

       Edward Rutledge

       Thomas Heyward, Jr.

       Thomas Lynch, Jr.

       Arthur Middleton

     

    Massachusetts:

    John Hancock

    Maryland:

    Samuel Chase

    William Paca

    Thomas Stone

    Charles Carroll of Carrollton

    Virginia:

    George Wythe

    Richard Henry Lee

    Thomas Jefferson

    Benjamin Harrison

    Thomas Nelson, Jr.

    Francis Lightfoot Lee

    Carter Braxton

     

    Pennsylvania:

       Robert Morris

       Benjamin Rush

       Benjamin Franklin

       John Morton

       George Clymer

       James Smith

       George Taylor

       James Wilson

       George Ross

    Delaware:

       Caesar Rodney

       George Read

       Thomas McKean

     

    New York:

       William Floyd

       Philip Livingston

       Francis Lewis

       Lewis Morris

    New Jersey:

       Richard Stockton

       John Witherspoon

       Francis Hopkinson

       John Hart

       Abraham Clark

     

    New Hampshire:

       Josiah Bartlett

       William Whipple

    Massachusetts:

       Samuel Adams

       John Adams

       Robert Treat Paine

       Elbridge Gerry

    Rhode Island:

       Stephen Hopkins

       William Ellery

    Connecticut:

       Roger Sherman

       Samuel Huntington

       William Williams

       Oliver Wolcott

    New Hampshire:

       Matthew Thornton

     

     

    Copyright © James A.F. Stoner, 2016, slightly edited February 22, 2017

                                                               

     

    Note:  This playful and serious rewriting of the US Declaration of Independence was drafted while returning from the International Association of Jesuit Business Schools' 22nd  Annual World Forum in Nairobi, Kenya, where the following resolution was passed unanimously by the assembled delegates and approved the following day by the IAJBS Board of Directors:   

     

    The annual meeting of the IAJBS requests the IAJBS leadership, CJBE leadership, and the rest of the network of Jesuit business schools to work together to apply for the MacArthur Foundation 100 million dollar 100&change competition with a project to transform Jesuit business education to be fully aligned with the wisdom in Laudato Si, with our universally-valid Jesuit educational tenets, and with the need for global sustainability, social justice, and poverty alleviation.

     

    The declaration was drafted during the 100&change application process but not included with the submission