#Eoc-iin: For a new generation of companies with a spirit of communion in Africa: the EoC StartUp Lab 2017 will take place from 19 to 24 June: 40 entrepreneurial projects from 10 African states, selected to participate at the incubation laboratory of the Economy of Communion.
Are you a young scholar or a PhD student in Economics and Management? Or are you writing your thesis about the Economy of Communion? This Summer School is for you! Last days to sign up: deadline for abstract submission: June 15, 2017
Ugandan business woman Rita Najjingo was among the 1,200 business owners and researchers of economy who were welcomed by Pope Francis on February 4, twenty five years from the start of the Economy of Communion Project (EoC). Seventy three percent of Rita’s country is made up of young people between the ages of 18 and 30, 47% of whom are unemployed. “Many of them try to set up small manufacturing activities,” Rita reports, “but because of a lack of capital and management skills, their businesses fail from start.”
"Workplace spirituality seems to be a significant new management paradigm that business executives can use to improve their organizations by increasing, among others, the levels of organizational commitment, satisfaction and performance of their employees."
Sofia Lupi, La spiritualità nelle organizzazioni (The Spirituality of Organisations)
In the 'spirituality market' the ancient 'Gresham's Law' is making a return: bad money drives out good money. This law made a re-appearance every time two types of currency were being handled in the streets: the good and the false type, neither of them easily recognizable as such. Bad money infested the streets and the squares, and within a short time the good type would disappear from circulation.
1200 business people, young people and specialists in the Economy of Communion met Pope Francis on the 25th anniversary of the start of the project. He encouraged all present to develop “an economy which gives life, because it is based on sharing, includes the needy and uses profits to create communion”.
The rules of the economic and social system should be changed "in favor of an economy of communion’” which "gives life, because it shares, including the poor, uses profits to create communion". Tax evasion "before being illegal acts are acts that deny the basic law of life: mutual aid".
"When capitalism makes the seeking of profit its only purpose, it runs the risk of becoming an idolatrous framework, a form of worship" that produces " discarded people, then trying to hide them or make sure they are never seen", said Pope Francis, calling for a "change in the rules of the economic-social system" in favor of a "communion" economy, which "gives life, because it shares, including the poor, it uses the profits to create communion".
An audience on the "Economy of Communion", organized by the Focolare Movement gave Pope Francis the opportunity to reiterate the need to change an economy that neglects man and worships money as a god, "a surrogate of eternal life". " “Individual products (cars, telephones ...) get old and wear out, but if I have money or credit, I can immediately buy others, deluding myself of conquering death.”
I am pleased to welcome you as representatives of a project in which I have been genuinely interested for some time. I convey my cordial greeting to each of you, and I thank in particular the coordinator, Prof. Luigino Bruni, for his courteous words. And I thank you for your testimonies.
Economy and communion. These are two words that contemporary culture keeps separate and often considers opposites. Two words that you have instead joined, accepting the invitation that Chiara Lubich offered you 25 years ago in Brazil, when, in the face of the scandal of inequality in the city of São Paulo, she asked entrepreneurs to become agents of communion. She invited you to be creative, skilful, but not only this.
The Economy of Communion proposes the following "Guidelines for conducting a business", to productive organizations who adhere to its message and its culture, written in the light of the life and thought of thousands of entrepreneurs and workers....
The Economy of Communion (EoC) is a movement that involves entrepreneurs, workers, directors, consumers, savers, scholars, economic workers, poor and citizens, families, and was launched by Chiara Lubich in May of 1991 in Sao Paulo, Brazil. Read more...
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