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    [title] => Message of Hope to transform Greed
    [alias] => message-of-hope-to-transform-greed
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Voices on Structural Greed

interview to Luigino Bruni published on lutheranworld.org, october 13, 2011

Logo_Lutheran_org_2More than 40 delegates, including a dozen Muslims, church officials, economists and secular social activists met at the end of September 2011 in Kota Kinabalu, Malaysia to address the question of structural greed.

Dr Luigino Bruni, professor of political economy at the University of Milan, Italy, and member of the FOCOLARE movement, was one of the participants at the Department for Theology and Studies consultation.

[fulltext] =>

What were your expectations of this event?

My expectations of this event were very high because I think that at this moment of crisis religions have something new to say. This crisis is not simply a financial and economic crisis but an anthropological and ethical crisis. As during any crisis, the most precious reserve is usually the ethical one because ethics provide a deep motivation for action, the will to start something new. At this moment of crisis, what we lack particularly in Europe is an enthusiasm for starting new economic enterprises, because we are generally lacking an enthusiasm for life.

What have you learned from this event?

I have met very interesting people doing things related to my activity that are new to me. I met new perspectives on the economy from the Lutheran, Muslim and Eastern traditions. I leave this meeting with the deep hope that if we are united as religions at this moment of crisis then we can say something important to the world.

How can Christians and Muslims help one another to live lives less touched by the structures of greed?

The first help is dialogue in order better to understand the other’s point of view. In today’s world, there is a deep rooted sense of distrust of and lack of confidence in both Christian and Islamic cultures. To spend time in understanding one another is the first step. We need to form new sorts of alliances showing how there are new spheres of the economy emerging in both Islamic and Christian contexts such as the economy of communion, fair trade, etc. We need to show that there is a new vitality of civil society in both contexts. Moreover, it is vital that religion counteracts pessimistic approaches and brings a positive message. We must bring a message of hope, showing that we envision a new world. Together we can transform structures of greed into structures of grace.

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Voices on Structural Greed

interview to Luigino Bruni published on lutheranworld.org, october 13, 2011

Logo_Lutheran_org_2More than 40 delegates, including a dozen Muslims, church officials, economists and secular social activists met at the end of September 2011 in Kota Kinabalu, Malaysia to address the question of structural greed.

Dr Luigino Bruni, professor of political economy at the University of Milan, Italy, and member of the FOCOLARE movement, was one of the participants at the Department for Theology and Studies consultation.

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Message of Hope to transform Greed

Voices on Structural Greed interview to Luigino Bruni published on lutheranworld.org, october 13, 2011 More than 40 delegates, including a dozen Muslims, church officials, economists and secular social activists met at the end of September 2011 in Kota Kinabalu, Malaysia to address the question of s...
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    [title] => Nostalgia for the Future. Steve Jobs’ Life Message
    [alias] => nostalgia-for-the-future-steve-jobs-life-message
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The founder of Apple and Pixar passed away today at the age of 56

by Luigino Bruni

Steve_JobsThere are primarily three major messages that this extraordinary man left us.

The first: great innovations in the economy are always related to the people. It is not the capital, money or technology; it is the person who does great innovations. Steve Jobs was able to do things big things because he was a great person, not because he had large amounts of capital and resources. This reminds us that the economy goes forward when there are people who look beyond, seeing different things. Major innovations come from different perspectives on the world and thus from the people.

[fulltext] =>

The second message that Steve Jobs leaves us is that it is not true that businesses are successful when responding to the needs of consumers. The idea that companies and their products had to meet the needs of the people is a little bit scholasticism, static, and above all is not true for innovations that really matter: no one needed an iPhone and an iPad. Steve Jobs with his company created them before they become needs; he invented symbols and created dreams, messages, lifestyles. Large companies that make real innovations are able to do something that no one has thought of before, at least not among the unexpressed needs. An entrepreneur like Jobs “saw” something and then made sure that reality became what he had seen before: it is something that real entrepreneurs have in common with great artists or scientists.

The third message that I think Steve Jobs leaves us is a great praise to life. If we look at the last things he said “the most beautiful and brightest years are ahead of us, not behind us…” He was a very sick man, was dying, and yet was looking forward. To the young people he said: “always be hungry of life.” Great people, capable of great things, are never nostalgic; they always look further ahead and think that the future is better than the past even in times of crisis; they are capable of great optimism and from this gather around such great optimistic projects. Even today, entrepreneurs who move the world are optimistic entrepreneurs, capable of the future, convinced that “the most beautiful is yet to begin.”

In synthesis, Steve Jobs shows us that the great economic innovations also become major civil innovations. His products and philosophy have changed people's lives, the relationship with space, with music and creativity. They have become much more than “good products,” they have moved forward the frontiers and the stakes of civil life. Every great innovation is always a civil innovation that enhances freedom, opportunities, and the ability of the people. He reminds us that the economy is life, that the company is part of the common life that works when it is an expression of creativity, passion, desire for the future: nothing more, but not anything less than life.

I believe that Steve Jobs is a beautiful model as civil employer who makes an economy for the common good, an economy that is truly innovative because it is a friend of the city, and the people. Without this kind of employer there can be no common good. This is why Steve Jobs leaves us a poignant nostalgia for the future.

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The founder of Apple and Pixar passed away today at the age of 56

by Luigino Bruni

Steve_JobsThere are primarily three major messages that this extraordinary man left us.

The first: great innovations in the economy are always related to the people. It is not the capital, money or technology; it is the person who does great innovations. Steve Jobs was able to do things big things because he was a great person, not because he had large amounts of capital and resources. This reminds us that the economy goes forward when there are people who look beyond, seeing different things. Major innovations come from different perspectives on the world and thus from the people.

[jcfields] => Array ( ) [type] => intro [oddeven] => item-even )

Nostalgia for the Future. Steve Jobs’ Life Message

The founder of Apple and Pixar passed away today at the age of 56 by Luigino Bruni There are primarily three major messages that this extraordinary man left us. The first: great innovations in the economy are always related to the people. It is not the capital, money or technology; it is the person ...
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    [id] => 16626
    [title] => The (false) measure of happiness
    [alias] => the-false-measure-of-happiness
    [introtext] => 

Philosopher Martha Nussbaum challenges those who claim that people's overall satisfaction on their lives can be measured on a numerical scale. “This forces gross semplifications while humanity lives in different shades and hues."

by Luigino Bruni

published on  Avvenire on 7/06/2011

Martha NussbaumLoppiano (Florence) – Martha Nussbaum is among the few philosophers who has achieved two objectives in her research work: (1) to seriously dialogue with economic science and (2) to look into subjects that directly deal with the lives of the people, specifically the less fortunate ones. Forty years had passed since she last came to Tuscany.

[fulltext] =>

 She comes on the occasion of a conference by the Sophia University Institute in the small city of Loppiano of the Focolare Movement. She spoke on “Public Emotions and the decent Society,” a theme which is of extreme relevance also for the the Italian society (Which emotions should be sustained and cultivated so that a society is able to develop a general sense of goodness towards its members). Prior to her talk, the students were given a chance to dialogue with her. From Sophia, Nussbaum will come to Milan (after a brief stop in Bologna, where she will present her new book entitled Not for profit, The Windmill) where she will take part in an international conference on “Market and Happiness” on Wednesday and Thursday. We ask her some questions on her vision of happiness.

What is your opinion on the debate on measuring subjective happiness?

“I see two principal problems. The first one, with recent studies on happiness, has to do with the qualitative and multidimensional nature of happiness. It’s a classic theme. Milla had already expressed that happiness is not a unidimensional reality. When we measure happiness with a single scale, it is evident that we reduce the different dimensions of happiness into only one. This dimension tends to be so much simpler and is normally distant from what we really mean by happiness. In fact if you ask a person “how happy are you” without asking that person to rate his/her answer from a scale of one to ten, people normally give complex answers like, “ My health is doing well but business could be better, a friend of mine passed away recently,” and others. What we are trying to do with the concept of capabilities is just to specify the different components of the welfare of a person. No single measure is sufficient.

And the second problem?

The second problem has to do with the famous problem of adapting preferences, a concept which was first raised by Amartya Sen in the seventies. People tend to be happy with the little they have and the little they expect to have. Jon Elster showed us that oftentimes, we behave like the wolf with the grape: because of our inability to reach greater objectives, we simply adapt. As time passes by, we no longer aspire for those realities which we are unable to achieve. Other times, and these are the most interesting cases, especially when we deal with poverty and development, we do not even have a correct notion of our own wellbeing. Let’s take the case of women in some parts of the world. They are told that education is not meant for women and that girls who do attend school will not have a good marriage, etc. These women kill their desire (for education) right from the start. Rather, such aspirations tend to adapt to their culture and tradition from their childhood years. Sen also showed us an example that adapting one’s preferences also works for the physical health. There are people, especially in poor countries, who say that they are healthy when in reality, they are afflicted with grave ailments. The lack of another state of health, as a point of comparison, forces them to adapt and consider themselves in a state of well-being, even when this is clearly not the case (and this adapting then leads to a short life, malnutrition and other disadvantages.) If this problem of adapting is true as far as physical health is concerned, imagine what kind of effect it would have when we deal with issues like education, rights and freedom.”

So the approach of the capacity actually measures what people do and not how they feel or what they believe in. And it is possible to be perfectly adapted slaves and perhaps even be happy?

Yes. In fact, Mill underlines that happiness is not a state but an activity. Today, many associate happiness to a momentary state, a sense of pleasure. But with Mill (and my approach) in studying happiness, the question to ask people is not so much “how happy do you feel or consider yourself to be?” but “what do you do in life? What are the things you are capable of doing?” This is the central point in Daniel Kahneman’s approach. When he seeks to measure momentary sentiments using his empirical method, he does something possible and maybe interesting. But when we try to measure the “overall satisfaction of one’s life in general,” as is being done in today’s study on happiness, we enter an unfamiliar territory. If the overall satisfaction of one’s life is a sentiment, I think this fact is not very interesting. Instead, if we want to measure one’s judgment of his/her own life, then happiness has little to do with sentiments. In 1996, Kahnemann asked my opinion on his program which dealt with the search for measuring momentary happiness. I had expressed many doubts and he told me, “Thank you but I cannot consider your doubts in consideration as we have already started the operational phase of our project. And so the measurement of happiness has begun but the issues I raised remain.

 see complete interview (in Italian)

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Philosopher Martha Nussbaum challenges those who claim that people's overall satisfaction on their lives can be measured on a numerical scale. “This forces gross semplifications while humanity lives in different shades and hues."

by Luigino Bruni

published on  Avvenire on 7/06/2011

Martha NussbaumLoppiano (Florence) – Martha Nussbaum is among the few philosophers who has achieved two objectives in her research work: (1) to seriously dialogue with economic science and (2) to look into subjects that directly deal with the lives of the people, specifically the less fortunate ones. Forty years had passed since she last came to Tuscany.

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The (false) measure of happiness

Philosopher Martha Nussbaum challenges those who claim that people's overall satisfaction on their lives can be measured on a numerical scale. “This forces gross semplifications while humanity lives in different shades and hues." by Luigino Bruni published on  Avvenire on 7/06/2011 Lo...
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    [title] => Economic justice, a possible reality
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The global economy offers many new opportunities but also risks. There is a need to make the market inclusive for all. 

by Luigino Bruni

editorial published in Mondo e Missione n.5/2011

LOGO_Mondo_e_missione

The global economy is a very powerful machine yet it is fragile and unstable. This is one of the messages of the crisis we find ourselves in. Specifically, the globalized economy creates enormous opportunities of wealth but also produces new costs. Among them is the radical uncertainty of the financial systems and stronger social imbalances. Oftentimes the consequences of these crises are borne not by the social sector that caused it and normally the much poorer ones. This is why the theme of social justice today is also the dominant theme of the new economy. We are witnessing it in the Middle East (we should not forget that the revolution these months were triggered by issues relating to economic justice). I believe we will continue to see this in the coming years not only in the Arab countries but also in China and in India. When individual freedom and democracy takes over, the enormous inequality we find in these new giants will no longer be tolerated.

[fulltext] =>

It is my belief that the there is a growing intolerance for inequality, whether within countries and among countries. It seems as if the post-modern man, informed and global, after having achieved political democracy, is now seriously demanding economic democracy. It seems as if he’s become aware, with much struggling and with much delay, that economic democracy is an essential part of political democracy. In fact, the market, though being a venue of life in common, governed by rules based on mutual advantage, is not able to ensure a just distribution. Rather, in the absence of other principles and institutions, the market tends to augment the inequalities in time. On one hand, the market is in fact a free place, of creativity based on individual talents and the talents are not evenly distributed across the population. On the other hand, we do not part from the same starting line in this market race. He who has more (resources, education, opportunities) tends to have even more tomorrow.

 What can be done then?

 May 29, 2011 marks the anniversary of the Economy of Communion (EoC), the economic project launched by Chiara Lubich in Brazil. It was the same month that Pope John Paul II published  Centesimus annus, an encyclical that Chiara had meditated on during that trip. Representatives of the EoC from various parts of the world will come together in San Paolo ,from May 25 to 29, to celebrate this occasion. It will be a chance to review the first twenty years but more importantly, to look into the next twenty years. (www.edc-online.org).  The message that Chiara launched during that trip remains alive today and continues to mature and grow in history. It has reached beyond the Focolare community where the EoC was born. Pope Benedict XVI has cited it in Caritas in Veritate as an experience that needs to be developed and propagated.

The message is simple and clear: the enterprise has to be, above all, an instrument and a place of inclusion and of communion. While it produces wealth, it should also distribute wealth, thereby making it a place of justice. If we really want economic democracy and just redistribution, we cannot and should not rely on the States or on the governments. It should be the same enterprise, with the encouragement of civic society and the citizens of the world, which evolves and looks after the new things, of those res novae in the global context we live in.  The enterprise cannot limit itself to operating legally, paying taxes (even when they pay) and to engaging in some philanthropic efforts to gain clients. In this new phase, there is so much more that is demanded from the enterprise, if we want civil society to consider the enterprise and economy as partners for the common good. If all enterprises remember this need to become more and to evolve into an economy for the person, we then welcome the anniversary of the EoC.

 

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The global economy offers many new opportunities but also risks. There is a need to make the market inclusive for all. 

by Luigino Bruni

editorial published in Mondo e Missione n.5/2011

LOGO_Mondo_e_missione

The global economy is a very powerful machine yet it is fragile and unstable. This is one of the messages of the crisis we find ourselves in. Specifically, the globalized economy creates enormous opportunities of wealth but also produces new costs. Among them is the radical uncertainty of the financial systems and stronger social imbalances. Oftentimes the consequences of these crises are borne not by the social sector that caused it and normally the much poorer ones. This is why the theme of social justice today is also the dominant theme of the new economy. We are witnessing it in the Middle East (we should not forget that the revolution these months were triggered by issues relating to economic justice). I believe we will continue to see this in the coming years not only in the Arab countries but also in China and in India. When individual freedom and democracy takes over, the enormous inequality we find in these new giants will no longer be tolerated.

[jcfields] => Array ( ) [type] => intro [oddeven] => item-even )

Economic justice, a possible reality

The global economy offers many new opportunities but also risks. There is a need to make the market inclusive for all.  by Luigino Bruni editorial published in Mondo e Missione n.5/2011 The global economy is a very powerful machine yet it is fragile and unstable. This is one of the messag...
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    [title] => Starting from life
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Debate: "The Church: what do we do?" - inventing a language

By Luigino Bruni

Published on Il Regno-att. n.2/2011

I read with joy about the important article of Prof. Severino Dianich in this magazine (Regno, art.20, 2010, 714). He's a scholar whom I consider among the best and more original European theologians. It was a reading that grabbed my attention and drew me in, both for the topics dealt with as well as the open and innovative way in which they were addressed. They are crucial aspects for the present and the future of the Church, and therefore, they are also for the society and culture. A few ideas came to my mind from this reading, and two of them are directly linked to the theses of his article and other more general related questions addressed in the text. I'll try to proceed in order.

[fulltext] =>

The first point that I want to underline is that which I'll call the "Italianess" of Dianich's analysis. His discourse was very linked to the Church in Italy. In almost all the other countries of the world in which the Catholic Church is present, Christians have always or almost always been the minority, and already for some time, they have been offering explicit and implicit answers to the questions raised by Dianich. That is the first reason why a more appropriate title of the article could be "The Church in Italy: what do we do?"

Secondly, the lucid analysis in the article is all centered around the Church as institution, or, in the language of Von Balthasar, on the "Petrine Profile". There is almost no reference to the charismatic dimension or profile of the Church, either to what we might call "old" or ancient charisms (orders, institutions, congregations...) and to the new charisms (movements and new communities). The insertion of an analysis of the Church also from this co-essential profile would have made the discussion more complex, certainly different both in its lights and in its shadows. If we can come out of the institutional confines, and enter in the territories of the Church's charisms, the signs of esteem, prophecy and civil relevance may not be so feeble. The great world of "old" charisms, for example, even if it shares many of the worries raised by Dianich regarding the institutional Church, at the same time, it is generally viewed (by Catholics and non) as a relevant and precious presence in society - from the nursery schools to works of assistance and healthcare, from spiritual life to lectures. Therefore, a further modification of the article's title could be the following: "The Institutional Church in Italy: what can we do?"

Petrine and Marian Profiles

That said, with humility, sympathy and respect for who seeks to seriously analyze the Church in a time of enormous changes, I will try to focus this second part of my article on the second goal of the article's title: "what can we do?"

My perspective is not that of a theologian, but of a scholar of social sciences, economics and history, as well as an observer of civil and cultural dynamics of my time. Regarding "what can we do?", I believe that there is an absolutely central aspect to this discussion, even if it is easier to highlight questions than to offer answers to it. 

It's my strong impression that the Church today (especially as institution, but not only) appears always more distant from peoples’ ordinarily, urgent and vital questions. The great topics which our battles are being concentrated on today are not felt as urgent, close and capable of passionately moving people's lives. I don't want to deny that homosexual marriage, the end of life and assisted fertilization are serious cases, or that they are far from the Gospel, or irrelevant to peoples' lives and to the quality of our present and future. I just want to say that they are not the questions that place us at the center of people's regular lives, that give enthusiasm, that answer the great questions of everyday living. 

Until a few decades ago (a world that I have never regretted, please understand me correctly), with its lights and its shadows, the Church was present in the ordinariness of life. It entered into the heart of ordinary passions and desires. Just remember the great feasts, which until a little while ago were marked and filled with meaning by the Church, as were the rights of passage in life and to eternity, the accompaniment of mourning, topics that were linked to the great pre-modern questions.

Today, many of these questions (not all) have radically changed, but if we won't be capable of deciphering them, intercepting them and trying to enter into them in order to "dwell in them", the growing margins will only be an effect of something much deeper and more radical. These ordinary questions and feasts today certainly deal with economic and political life, with the city, with multi-culturialism and much more. 

The new evangelization requires a preliminary operation of new inculturization in a post-modern time that is a completely new cultural fact. The instruments for such a new inculturation cannot mainly be encyclicals and documents, books or homilies: instruments must be invented with creativity and prophetic courage.  This new inculturation refers to another great question of language and symbolic code that the Church uses. I remember a personal episode. During a summer school for youth, Sunday mass was scheduled at the conclusion of the meeting. Not seeing many of the students in church, I looked to the churchyard and saw a numerous group of them outside. I go to where they are without being noticed, and I hear them passionately and momentously speaking about gratuitousness, gift and reciprocity - the topics they had learned during the course's lessons. However, they didn't understand that beyond the churchyard an event that "said" these realities (and much more), with a force enormously superior to language, was being celebrated.

Our language and our symbols are no longer capable of speaking words that carry God's presence: a lot of evangelical semantics and wisdom is being lost, precisely because we are not sufficiently capable of re-semanticizing those truths with signs and words that can be understood.

For example, when a cultured person today (Christian or non) reads an issue of a theological magazine, he no longer feels (or rarely so) that those pages are also speaking of his life, his ordinary problems and the people of his time, of the great questions of his living and the living of others. And it's not because those pages of theology don't address those questions, but because the syntax and semantics of those discussions belong to a symbolic and cultural universe that is too distant today, and felt as too distant, from everyday life

Instead, theology has gone through seasons (not all, but some) in which the disputed questions in scholarly circles and studies were urgently perceived and relevant, even to markets, banks and politicians of the time.

The signs of the times

Finally, I believe that this urgent operation of new inculturation and new linguistic and symbolic mediation  can be brought about successfully if, as Christians, we take modernity and post-modernity (or after) more seriously.

As is well-noted, many (almost all) the principles and conquests of the last centuries in the West (equality, freedom, fraternity between equal and free people, individual rights, etc.) are also, if not entirely, children of the maturation of the seeds of Christianity in the European land, even those expressions that the Church often fights because it does not recognize its own. We're talking about gathering the seeds of truth that are maturing or that have matured outside of the Church (women's rights, environmental ethics, animal rights, etc.). These are also an authentic gift for the Church, so that it can more deeply understand its own function and mission and find its new language today. 

There exists a lay magisterium that has many important things to say, especially in our time, even to us Christians. I'm thinking, to say in my own field, of those who today (like economist A. Sen) are revealing new and hidden dimensions of poverty, of rights and of other questions that are essential to the Church today. 

In the Church's more luminous phases (not less difficult than today), as in the first apostolic centuries of the Fathers, or during the great Scholastic period, it included in its syntheses elements of truth from the Greeks, Romans, Arabs and Germans. It was truly Church because it was greater than the church. I believe that today a similar challenge faces us - one that is not less challenging but which cannot be  delayed much longer.

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Debate: "The Church: what do we do?" - inventing a language

By Luigino Bruni

Published on Il Regno-att. n.2/2011

I read with joy about the important article of Prof. Severino Dianich in this magazine (Regno, art.20, 2010, 714). He's a scholar whom I consider among the best and more original European theologians. It was a reading that grabbed my attention and drew me in, both for the topics dealt with as well as the open and innovative way in which they were addressed. They are crucial aspects for the present and the future of the Church, and therefore, they are also for the society and culture. A few ideas came to my mind from this reading, and two of them are directly linked to the theses of his article and other more general related questions addressed in the text. I'll try to proceed in order.

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Starting from life

Debate: "The Church: what do we do?" - inventing a language By Luigino Bruni Published on Il Regno-att. n.2/2011 I read with joy about the important article of Prof. Severino Dianich in this magazine (Regno, art.20, 2010, 714). He's a scholar whom I consider among the best and more original European...
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Diary of trip to Kenya, 3rd part, 29 gennaio 2011

By Luigino Bruni

The main event of the convention’s last day was the signing of the “agreement” between the Economy of Communion and Catholic University (CUEA) to develop the EoC together in the next few years. It was a solemn, strong, symbolic moment, full of meaning. The previous day, the Nuncio had celebrated liturgy with the whole university, and even if I don’t know what the liturgies of the first Christians at Antioch were like, neither those of Francis of Assisi, and I have never seen a liturgy in the Andes or in Australia, it’s truly hard to imagine that there can be any masses more beautiful than the ones I’ve seen here.

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 The beginning dances by the young people to open the official liturgy and the songs in traditional languages would already be enough to make these liturgies truly splendid. Then, I found the same solemnity of those masses in the moment when this pact was signed by Vice-chancellor Prof. Marviiri and I. The signing was something serious, committing, a pact or covenant (like that mentioned in Genesis), which commits us even more to Africa in the next few years. The commitment we took together is to promise two courses (three weeks each) on the EoC – one open to everyone and the other to masters students, starting this July. The idea is to develop this collaboration always more, also involving Sophia University Institute (Vice-chancellor Fr. John C. Maviiri attended the inauguration of Sophia).

In my brief official message, I said three things:

1. We did not come to Africa to offer recipes but because we were attracted by the life that was already here, especially by the life of our communities that have been in Africa for more than 50 years and are, by now, in all the countries there. We came as an answer of love out of great love for Africa, which touches all those who have come to these brown lands throughout the centuries (even out of an implicit or explicit desire to repair many sufferings provoked by the West). 

2. I still don’t know if the EoC will be useful to Africa. What I am sure about is that Africa was very important for the EoC, because it allowed us to understand the potential and the characteristics of Chiara Lubich’s intuition.

3. “No EoC without Africa” – this was my concluding remark, inviting everyone to the upcoming events next May in Brazil, for the 20 years of the project, in order to make Africa’s presence in the worldwide EoC network even more visible today. 

What has come out of this trip? A few things have been strongly outlined.First of all, it has emphasized that the main way that the EoC proposes to relieve extreme poverty is not primarily through the redistribution of wealth (taking from the rich and giving to the poor) but in the creation of new wealth – in the process, this new wealth also goes for those in economic trouble. The number of pies must be increased rather than just cutting the “pieces” of the same pie in different ways. 

Secondly, the EoC shows itself always more as an economic vision open to all men and women of good will, especially now that it’s present in the Encyclical. 

Then, in this context what stood out strongly was to understand once again that, in order for the EoC to work, it needs a direct relationship with poverty. When Chiara Lubich launched the project, touched by the crown of thorns – by the poverty of Sao Paulo and of Brazil – she called the Brazilian community mainly to do something more to resolve that scandal. So Brazil took off, poor but many, building the business park, the 100 businesses…because the EoC was linked (today, perhaps less directly even in Brazil) to an evident and direct problem of poverty. If this direct contact is missing, the EoC businesses don’t understand the meaning of what they do. Besides, it is no longer enough to gather money in Europe to use it in other parts of the world within our  movement, because that link is too weak, at least as the years go by. 

What can we do then? On one hand, we need to increase the attention given to the link between the activities of all the business and some projects (the bigger, more committed ones) that the EoC as a whole brings ahead in the world. After 20 years, micro-projects are not enough to keep the entrepreneurs impassioned to give a good part of their profits: we need to do more. Besides – and according to me, an even more decisive factor – we need to relaunch among the EoC entrepreneurs throughout the world a new season of creativity in the way they discover the various kinds of poverty in their cities (and not only material poverty) and in doing something directly for the poor, perhaps together with them.

The EoC arose because a world where there are people in need on one hand and opulence on the other cannot be “a united world” (Chiara Lubich’s charism of unity). Therefore, the EoC will always pay special attention and care to the various forms of poverty (and to the wealth that is not shared, another form of “misery”), and not only just in some countries of the world.

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Diary of trip to Kenya, 3rd part, 29 gennaio 2011

By Luigino Bruni

The main event of the convention’s last day was the signing of the “agreement” between the Economy of Communion and Catholic University (CUEA) to develop the EoC together in the next few years. It was a solemn, strong, symbolic moment, full of meaning. The previous day, the Nuncio had celebrated liturgy with the whole university, and even if I don’t know what the liturgies of the first Christians at Antioch were like, neither those of Francis of Assisi, and I have never seen a liturgy in the Andes or in Australia, it’s truly hard to imagine that there can be any masses more beautiful than the ones I’ve seen here.

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No EoC without Africa

Diary of trip to Kenya, 3rd part, 29 gennaio 2011 By Luigino Bruni The main event of the convention’s last day was the signing of the “agreement” between the Economy of Communion and Catholic University (CUEA) to develop the EoC together in the next few years. It was a solemn, strong, symbolic momen...
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Diary of the trip to Kenya, 2nd part
Conclusion of the Pan African EoC School and the beginning of the CUEA Conference, January 26, 2011

To understand the EoC, one needs "hunger for life and for the future"

By Luigino Bruni

Nairobi, January 26, 2011 – Yes, yesterday the 1st Pan African EoC School concluded in Mariapolis Piero, and today, on the 30th anniversary of the death of Piero Pasolini (one of the first focolarini to bring the charism of unity to Africa) here in Nairobi, we have begin the conference at Catholic University. 

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This Pan African school has been one of the most impacting EoC events that I can remember: these peoples (and there were many countries represented, from all over Sub-Saharan Africa) adhere to the charism of Chiara Lubich with a purity that has truly touched me. We invited them to make a pact "of commitment" to spread the Economy of Communion in Africa by signing their names on a white sheet of paper. We clarified that the choice be freely made but that the pact was serious, and that they should only sign if they felt this vocation to the EoC out of love for Africa. Many, many signed the pact, with great solemnity. Then, yesterday, at mass with the Apostolic Nunciature, we presented the four sheets with signatures on the altar. Genevieve Sanze should have been the one to bring them and say a prayer during the offertory, but she asked me to do it. I was caught off guard. I tried to open my mouth to pray, and said "Lord, welcome these signatures which are the sign that we have offered our lives so that an economy of communion may spread in Africa...". But then I couldn't continue. I wasn't able to speak anymore because the emotion was so strong.

What flashed through my mind was like a scene in a movie, the suffering of these peoples when my European brothers came to these lands to rip away people and resources, to treat them like slaves, like half-people. And I thought of Chiara Lubich, of many missionaries who came here giving their lives (and how many have died!) in the past centuries, beginning social works to relieve the sufferings of these peoples. I thought of our men and women focolarini who gave and give their lives. But most of all, I looked at the hundred or so people who were there, one by one, who had given themselves so that, with the EoC, Africa can find its way

There was much love and much hope in those signatures. And I was without words, making a "great" impression in front of the Nunciature (to whom I had been presented as responsible of the project!). Anyways, even those tears produced more fraternity and equality with everyone, maybe showing that we had not gone there to speak about theories but that we felt the joys, hopes and pains of those lands on our shoulders. 

The liturgy of the first day had spoken of Jesus who chose the twelve. Today, the liturgy spoke of Jesus who chose the 72 disciples. Everything spoke of mission, of apostolate. The liturgy always accompanied us through these founding moments. 

We're living an important moment. For many, it is like reliving something similar to the "Brazilian bomb". 

Some concrete details: 
•    The first 15 associates of the future business park at Mariapolis Piero have come forward, and the first funds have also arrived.
•    Ten or so entrepreneurs present formally adhered to the EoC with their businesses, and this is something immense to me. They outlined some concrete projects, starting with themselves. With one business in Burundi, the Bangco Kabayan will join as partner in a micro-credit program, starting the bank's first activity outside the Philippines. 
•    The Pan African EoC Commission has been established, with Genevieve Sanze as coordinator (she is also member of the central commission), two secretaries at Mariapolis Piero (which will be the headquarters of the commission) and a representative in every zone in Africa.

Teresa Ganzon, John Mundell, Leo Andringa, Giampietro and Elisa Parolin, Francesco Tortorella, and their families, were a gift for everyone. The final celebration was beautiful, and many of the guests contributed artistic pieces (John and his wife Julie, Giampietro, Leo and Anneke, Teresa and her husband Francis and daughter Alexandra).

There is a beautiful understanding with everyone, including the zone directors of the Focolare here. Even if we work a lot, doing it together makes the yolk light, and more than anything there is much joy, and we laugh a lot.
Starting today, we'll be at CUEA. Many of the participants of the School came, joined by students and professors from the university. We opened with the message of the Cardinal who is president for the Vatican's Council of Justice and Peace. They followed the presentations on the EoC and African culture, with much dialogue and interest. Lunch was very elegant, and then in the afternoon we continued with working groups. The context has changed, but there is still the sensation that we are living very special and intense days. 

A permanent course on the EoC should emerge as a result of this convention. It will be brought ahead by professors from our group. We must invest in Africa - there's need and enthusiasm for it. These "younger" peoples (editor's note: even if we're close to the Rift Valley) have a hunger for life and future, which is the pre-condition to understanding the EoC and, even before that, Chiara Lubich's charism of unity. If this "hunger" lacks, there is no hope that someone will understand the charism. Here, people want to live. I was touched by how much the young people here love to study. For them, getting into college is the goal of their life, because it means future. You see people studying at night, below street lamps because they have no light at home (and I thought of our young people who are often listless because they have everything, and therefore their desire is snuffed out like a candle). Without this desire and hunger for future, our movement cannot grow. 

We had important meetings, in an atmosphere of the Word of the Gospel. In many African women, beautiful with a beauty that has been a lost in the West, I saw women of the Gospel and of the Bible, with their concrete love for Jesus, for the apostles and for the prophets. Africa speaks much of women (I understood why someone had proposed that the Nobel prize be given to the women of Africa!), because in them they carry the greatest wounds and the greatest blessings of these peoples (including our women focolarine). 

I saw Zacchaeus in the person of a well-off Cameroonian man who, during these days, wanted to give part of his goods for the EOC. "I'm from Fontem," he said, "The movement saved my baby's life. It gave me the chance to study at the College. Today, I understood that I should also give." I also saw Nicodemus, in an elderly man from Douala, who felt the desire to be reborn in the Spirit, adhering with his business to the EoC. 

But most of all, I saw Mary at work in her Work (editor's note: "Work of Mary" is the official name of the Focolare Movement), in the songs ("Mother Mary") sung in the beautiful liturgies, and who is very present in these lands. And I could continue, but...I won't because tomorrow, another intense day is awaiting us, which should also be even more beautiful. "The Earth is full of your Spirit, Lord".

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Diary of the trip to Kenya, 2nd part
Conclusion of the Pan African EoC School and the beginning of the CUEA Conference, January 26, 2011

To understand the EoC, one needs "hunger for life and for the future"

By Luigino Bruni

Nairobi, January 26, 2011 – Yes, yesterday the 1st Pan African EoC School concluded in Mariapolis Piero, and today, on the 30th anniversary of the death of Piero Pasolini (one of the first focolarini to bring the charism of unity to Africa) here in Nairobi, we have begin the conference at Catholic University. 

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A solemn pact to seal a founding moment

Diary of the trip to Kenya, 2nd part Conclusion of the Pan African EoC School and the beginning of the CUEA Conference, January 26, 2011 To understand the EoC, one needs "hunger for life and for the future" By Luigino Bruni Nairobi, January 26, 2011 – Yes, yesterday the 1st Pan African EoC School co...
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Diary of the trip to Kenya, 1st part, Beginning of the Pan African EoC School, January 23, 2011

By Luigino Bruni

110123_Nairobi_01_ridThe first day of the Pan African EoC School at Mariapolis Piero has begun with much joy and with the atmosphere that grand occasions have, characterized by both seriousness and happiness at the same time. There are around 160 people present, including numerous youth, from 12 African countries. To have so many countries represented is truly an important fact in itself. You can feel the enthusiasm, and there are all the premises so that the time of the EoC in Africa may begin. After various non-formal greetings - here in African, the meeting with the other is always solemn - I gave a brief introduction. It was the result of months of preparation for this meeting, even those after I arrived in Nairobi on Saturday, with the help of a few colleagues who live their everyday lives here in Africa.

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The situation of the Focolare Movement is not easy here in Africa, just as it isn’t easy for the Church and the whole society. And it is especially difficult in 110123_Nairobi_04_rideconomics, which contains all the contradictions and wounds of these lands, which have been plundered of people and resources for centuries, without mercy, and which continue in this condition today. You can feel that the Africans have a great desire to "get Africa back in their own hands", and even if the Focolare Movement has behaved differently compared to others, with true efforts in inculturation and service to Africa, these wounds are even felt here in this context. 

The whole economy is pierced by secular patronage and paternalism that have created an attitude of "waiting" for help in the Africans, and has killed initiative and creativity. You can understand, then, that for us, who speak of a new world of doing business, where one begins with giving and then receiving, it's not easy. But it is always possible... therefore, we embarked with the awareness of the great complexity of the situation and almost with a sense of powerlessness.

Having to introduce the whole school, giving a message above all to give hope, what came to my mind was the story of Christopher Columbus as a metaphor. Different than many who would have liked to have crossed the ocean, Columbus was able to do so because he found a map of the ocean (designed by Toscanelli who never left Italy) which gave him strength and hope to venture out into the open sea.

110123_Nairobi_02_ridThe charism is like a map that helps us face the unknown, with the serious hope of being able to find a "new world" (perhaps by looking for the Indies). But Columbus wrote his real map when he returned home. In the same way, only the Africans can bring about the African Economy of Communion. Right now, what is needed is to start with the EoC that has arisen from a charism. Then, there will be need of seamen, ships and captains, but most of all, they will need to have "nostalgia of the sea" (of a united world!), the desire to suffer, to search for a new world. If this nostalgia is missing, the boat will never set sail. Therefore: a "map" and "nostalgia of the sea".

The morning followed with the wonderful experiences of John Mundell and Teresa Ganzon (and families), extraordinary gifts for the EoC. Africa, United States, Asia, Europe: everyone there for the same great goal.

Now, the day continues with workshops in the afternoon, led by Giampietro and Elisa Parolin, Francesco Tortorella and Teresa Ganzon, all of which promise to be important moments of exchange. We'll keep you updated, and in the meanwhile, let's all keep up our nostalgia of the sea (the united world), believing in the map (even without having seen the ocean), in Africa and elsewhere!

see the blog

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Diary of the trip to Kenya, 1st part, Beginning of the Pan African EoC School, January 23, 2011

By Luigino Bruni

110123_Nairobi_01_ridThe first day of the Pan African EoC School at Mariapolis Piero has begun with much joy and with the atmosphere that grand occasions have, characterized by both seriousness and happiness at the same time. There are around 160 people present, including numerous youth, from 12 African countries. To have so many countries represented is truly an important fact in itself. You can feel the enthusiasm, and there are all the premises so that the time of the EoC in Africa may begin. After various non-formal greetings - here in African, the meeting with the other is always solemn - I gave a brief introduction. It was the result of months of preparation for this meeting, even those after I arrived in Nairobi on Saturday, with the help of a few colleagues who live their everyday lives here in Africa.

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A map of a "new world" and nostalgia of the sea

Diary of the trip to Kenya, 1st part, Beginning of the Pan African EoC School, January 23, 2011 By Luigino Bruni The first day of the Pan African EoC School at Mariapolis Piero has begun with much joy and with the atmosphere that grand occasions have, characterized by both seriousness and happiness ...
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    [title] => In favor of an economy of the “already”
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By Luigino Bruni

Introduction to the Economy of Communion 2009/2010 Report 

We’re now in the Economy of Communion’s twentieth year. And birthdays, as we know, are also important moments to weigh how things are and set new horizons. The EoC, as we familiarly say, is alive and growing in today’s history, in the crises and hopes of our time. Chiara’s proposal to give life to business and business parks, and then (in May of 1998) to a cultural movement that would give “scientific dignity” to the praxis in place, did not fall on deaf ears. It was embraced by thousands of people, mostly within but more recently even outside of the Focolare Movement – a diverse people united by the desire to cultivate the earth so that the seed of the charism of unity, thrown on the terrain of modern economy, grows according to the laws written in its DNA and brings fruits typical of the charism given to Chiara, as a gift for humanity today and tomorrow.

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This is the third report we’re presenting on the EoC. This year, besides detailed data on the use of profits and the EoC’s projects, we also give an complete account of EoC activity. Not only does the EoC give life to development projects to help those in need (especially youth) escape the trap of poverty, but it is also bringing about a new culture from the bottom up, in silence, and it’s changing the lives of hundreds of entrepreneurs and tens of thousands of workers.

Therefore, the poor, culture and enterprise: “a third, a third, a third”, Chiara’s first intuition. It should not be interpreted that the EoC has a threefold goal but rather that there are three steps of the same process of communion. This is how the project can give its contribution to the charismatic project of the entire Focolare Movement: that all may be one. There will never be a united world if the economy is not one of communion. We will never “all be one” as long as people are unable to eat, unable to send their own children to school, unable to cultivate their own humanity, vocations and aspirations – as long as there are skyscrapers surrounded by “crowns of thorns”. The united world will always be ahead of us, as is every word of the Gospel that begins within history but is fulfilled beyond it, as every “great” Word is both an “already” and a “not yet”. Charisms are always an already that indicates a not yet. Therefore, they are an already.

If, already today, the EoC will know how to say that hundreds, thousands of entrepreneurs exist who are capable of waking up at five in the morning for reasons greater than profit; that there are already workers who know how to be happy with a market salary and don’t ask for raises because they know that the added value from their work does not go into the pockets of their “bosses” but leaves the business to feed the hungry, heal and educate; if the EoC will know how to show that there are already people who do not rest until the fraternity they believe in as human beings is not translated into equal rights, opportunity, capacity, for all women, children and men of the world. If all of this is already true, then we can seriously hope in the coming of many others who are not yet in front of us. What, however, can the “small EoC” do in front of too many people of our time who could and should be with us already and are not just because of our spite and smallness? (And the data of the report clearly show how small our numbers are, if we compare them to the large numbers in philanthropy and international cooperation.) Today, humanity would already have the technological and financial resources to do much more on this earth "already" – not everything, but much more than what we are already doing. We could and should do more in the area of education in poorer countries. When will we see the best teachers of the opulent world spend a semester in the fragile universities of Africa, Cambodia or Cochabamba? When will we see serious investments (more than 50%) in renewable energy? When will all public administrations, the Vatican and dioceses, movements and NGOs buy only ecological and low capacity cars? When will all businesses and governments of the world invest 20-30% of their GDP in serious cooperation to development, which cannot be limited to the crumbs of rich gluttons but should already become educational expenditures (from preschool to university), hospitals (the best hospitals in the world today should be found in Africa), more advanced and cleaner technology, efficient and safe transportation, healthy and dignified dwellings?

Without these things now, what is yet to come in the following decades could included new global crises and maybe even wars that are truly global, as Aristotle’s phrase “you cannot be happy alone” is always more true.
Even the EoC can and should do more than what is has done in these twenty years, despite the rich and flavorful fruits seen, least of all the many EoC entrepreneurs and workers who have already concluded their earthly voyage (including François Neveux, whose biography is the most beautiful book published on the EoC as it is written with the ink of life). As a sign of greater commitment and responsibility, this year, besides the Brazil 2011 event in May (we are all invited!), the worldwide EoC launched “Project Youth”, that will include two important international summer schools in January: in Latin America and in Africa. Starting from the youth (who are not the future but a different way of living and understanding the present) is indispensible for the many who are “not yet” who ask to become “already”.

In the consumer culture that dominates today’s world, the EoC can and should be a place of resistance, where every business and every business park is an oasis (not an island), as the Medieval abbeys were in their day, where many can find hope and where the DNA of gratuitousness is conserved. In a world where money can buy (almost) everything, money tends to become everything. Remembering and living the culture of giving and of gratuitousness in this age has great value, not only economically but as cultural resistance, as a battle of civilization, of love for humanity today and tomorrow.

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By Luigino Bruni

Introduction to the Economy of Communion 2009/2010 Report 

We’re now in the Economy of Communion’s twentieth year. And birthdays, as we know, are also important moments to weigh how things are and set new horizons. The EoC, as we familiarly say, is alive and growing in today’s history, in the crises and hopes of our time. Chiara’s proposal to give life to business and business parks, and then (in May of 1998) to a cultural movement that would give “scientific dignity” to the praxis in place, did not fall on deaf ears. It was embraced by thousands of people, mostly within but more recently even outside of the Focolare Movement – a diverse people united by the desire to cultivate the earth so that the seed of the charism of unity, thrown on the terrain of modern economy, grows according to the laws written in its DNA and brings fruits typical of the charism given to Chiara, as a gift for humanity today and tomorrow.

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In favor of an economy of the “already”

By Luigino Bruni Introduction to the Economy of Communion 2009/2010 Report  We’re now in the Economy of Communion’s twentieth year. And birthdays, as we know, are also important moments to weigh how things are and set new horizons. The EoC, as we familiarly say, is alive and growing in today’s ...
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    [title] => The bet of new entrepreneurs
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By Luigino Bruni

Published on Repubblica, Florence section on 18/09/2010

There is a bizarre aspect in the debates that have followed the crisis of these last two years: everything is questioned, but nobody talks seriously aboutLuigino_Bruni questioning the only thing that is truly important: the capitalistic economic system. Besides Pasolini or Don Milani, it seems that the moral stature is missing in our intellects; there is no talk about going beyond capitalism without using worn out words of ideologies, of right and left, lay or Catholic. And so, we all limit ourselves to talking harmlessly about the need of a more ethical economy (one day, someone will explain to us what this phrase actually means: is it the ethics of the wolf or that of the lamb? The ethics of state bond holders or those of the homeless?), of responsible business, of nonprofit and philanthropy. In a closer look, not only do these phenomenon not question our economic system, but they are functional and necessary to it. We need to be more daring, and we need the intellects, economists and the social scientists to return to their trade as critics of society, even our society.

[fulltext] =>

Let's start with a question: are we sure that the goal of a business's activity is maximizing profit?

First of all, let's remember what profit is. If we limit ourselves to just the more positive environment of the market economy, we can affirm that profit is part of the added value generated by a business activity that is attributed to the owners of the business, whom we once called capitalists. Profit, therefore, is not the entire added value but only a part of it. An example: business A produces automobiles, transforming steel, plastic, rubber and electrical components, etc., into a final product that we call "car". Let's suppose that the sum of the cost to produce a car by business A using raw materials is 10. If business A sells that car for 30, the profit is not equal to 20 (30-10). Among the costs are other important elements, including a crucial one - labor. If we suppose that the cost of labor is 8 (for every car), and that other costs (financial charges, payment installments, etc.) are equal to 3, then gross profit (before taxes) would be equal to 9. If the business then pays taxes of 4, our net profit becomes 5. Today, we know that there are many things in added value, among which is the creativity of the entrepreneur and human work, the institutions of civil society, the tacit culture of a people, and the quality of family relationships in which children grow during their first 6 years of life (as Nobel winner James Heckman has shown us). Certainly, in that added value of "5", there is not only the creative role of the owners of a business's production but also much more dealing with the life of the entire collectivity. There is also this awareness behind article 41 of the Italian Constitution when it declares the "social function" of a business, meaning that a business has a function that is also social in nature. One thing is for certain: if business A sells a car for 30, and receives 5 in profit, in a hypothetical "non-profit" world (where profit is 0), cars would cost 25 instead of 30. In other words, profits of businesses are also a way of taxing goods paid by citizens that reduce the collective well-being of a population. That is why a "non-profit economy" was often desired, dreamed of, and in certain moments of history made reality on small or vast scales, even if they often created greater damage than the problems they wanted to resolve, as in the case of the collectivist experiments of the 20th century. These collectivist experiments did not work for many reasons, all deep, but one of these reasons is that we have realized that in removing that "5" and giving it to society, whoever begins a business (private or state) no longer commits himself to innovation and work, and the wealth of a nation (not only economic wealth) decreases. We make ourselves poorer, and even that 5, which we wanted to give to society, disappears. At the same time, this great crisis that we're living is telling us that the economy founded on profits and speculation is also unsustainable. What do we do then? 

There is another way of reading this civil economy movement: imagine, for now just on a small scale, an economic system where added value, economic or social, is distributed among many (and not only the shareholders). Imagine that this happens without entrepreneurs and workers losing their commitment for lack of incentive, in order to avoid the same problems of the collectivist and socialist economy. The true bet of the new market economy that awaits us will be to show a new season of entrepreneurs (individuals and communities of entrepreneurs) that are motivated by reasons greater than profit

The last phase of capitalism (which we can call the financial-individualistic phase) arises from anthropological pessimism, which in reality leads back to Hobbes: human beings are too opportunist and self-interested to think that they can commit themselves to higher motivations (like the common good). However, we cannot leave the last word on common living to this anthropological defeat. We have an ethical responsibility to leave future generations a more positive outlook on the world and on man. But in order for this to not remain words on a page and rather to become life, we need a new humanism, a new educational season where everyone is educated - youth, children and adults - to an economy of sobriety, where one learns that human happiness is not in consuming more goods but in enjoying collective, social, environmental and relational goods together and even more.

The 17th century Italian illuminists understood and placed public happiness at the peak of the reform agenda for Italy, as happiness is either for everyone or for no one. Today, we're realizing, and paying a heavy price, just how much that 17th century prophecy was true, as the challenges in environment, terrorism, energy and immigration tell us even more that in this era of globalization we will not be happy alone, against the others. In this challenge, the great tradition of cooperatives still can and must say much to the world, on the quality of life within and outside of the markets in the decades to come.

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By Luigino Bruni

Published on Repubblica, Florence section on 18/09/2010

There is a bizarre aspect in the debates that have followed the crisis of these last two years: everything is questioned, but nobody talks seriously aboutLuigino_Bruni questioning the only thing that is truly important: the capitalistic economic system. Besides Pasolini or Don Milani, it seems that the moral stature is missing in our intellects; there is no talk about going beyond capitalism without using worn out words of ideologies, of right and left, lay or Catholic. And so, we all limit ourselves to talking harmlessly about the need of a more ethical economy (one day, someone will explain to us what this phrase actually means: is it the ethics of the wolf or that of the lamb? The ethics of state bond holders or those of the homeless?), of responsible business, of nonprofit and philanthropy. In a closer look, not only do these phenomenon not question our economic system, but they are functional and necessary to it. We need to be more daring, and we need the intellects, economists and the social scientists to return to their trade as critics of society, even our society.

[jcfields] => Array ( ) [type] => intro [oddeven] => item-even )

The bet of new entrepreneurs

By Luigino Bruni Published on Repubblica, Florence section on 18/09/2010 There is a bizarre aspect in the debates that have followed the crisis of these last two years: everything is questioned, but nobody talks seriously about questioning the only thing that is truly important: the capitalistic eco...
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    [title] => The Euro in Crisis: Lack of "Community" and Knots to Untangle
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    [introtext] => 

These days, the Euro is under attack by speculators. We asked  economists Luigino Bruni and Stefano Zamagni their opinions.

By Antonella Ferrucci

Luigino Bruni, can you tell us what is happening? 

Unfortunately, what is happening shows that Europe is not yet a "community" of peoples and states. As you can see, the central banks of individual countries are by BCE_ridstatute last-resort lenders, that is, in the case of speculative attacks, in serious crisis of the state, they must intervene with reserves to avoid accumulative effects (just remember what happened in Italy in 1993 when Ciampi was governor of the Bank of Italy and had to resort to inflation of the Lira).

The European Central Bank by statute did not want to play this role out of fear that weaker countries would abuse this function. So, faced with Greece´s crisis, instead of intervening in a timely manner as the Central Bank of a state would do in these cases, it intervened a month after mediations and compromises had been made, and this made the late rescue intervention completely ineffective. Therefore, we are now under full speculative attack with regards to the Euro without having the instruments to be able to adequately respond. 

[fulltext] =>

Therefore, either Europe truly becomes a community and reasons as if it were a people, or we will not get out of this crisis, and the Euro will only show as any currency does that behind monetary unity there is need of something more on the political plane and in solidarity. The Euro´s fragility is simply a picture of the political fragility of Europe, and we must act on this plane and not only on the technical and financial one. 

Luigino_Bruni_03Do you see anything else underneath this crisis? 
Of course, having said all this, it is also true that underneath this crisis there is a real problem: Western society is too much in debt, from America to Europe, and as the banks do nothing other than move the debt from one subject to another, all of this is unsustainable in the long run. This crisis will soon expand to the dollar and the sterling, and we´ll be forced into worldwide and global inflation. This will mean readjusting our consumption and lifestyle to our real income and not to swollen finance. Will we be able to overcome this moment without too much trauma? Right now, I´m doubtful, but I want to be optimistic.

Professor Zamagni, the European Union is responsible for all this... 
Yes, the European Union´s responsibility in this is big, and we can attribute it to a series of omissions. The first: before the crisis, it did not think of creating a guarantee fund, something like the European Monetary Fund, to face situations like these. The second: it never created one or more European rating agencies - the agencies authorized to pass judgment on merit are all American (Standard and Poor´s, Moody´s and Fitch Ratings). The result is in front of everyone´s eyes. It´s obvious that the United States would have had interests in destabilizing the Euro, and consequently, it is obvious that the American agencies tend to spread news that has the same objective. The third omission: aver having created the ECB, the European Union never furnished the creation of a European authority interrelated to supervise real politics (not monetary). This allowed for financial unbalances to inescapably reverberate on the business world (with the loss of jobs, etc.).

What else would you like to add about the causes that brought us to today´s crisis? 
That we can single out two other "errors" that produced the consequences that we see today. The first is of a technical-economic nature, and here the Zamagni_rideconomists have substantial moral responsibility because the error is in "theoretical planning". They supposed that in practice, financial risk was "exogenous" by nature, that is, that with an increase in transactions the risk would be nullified. But even a first-year economy student knows that risk is "endogenous" in nature: it increases with an increase in transactions! 
The second error is of ethical nature: after having mocked ethics for years, sustaining that the economy does not need ethics lessons, (economists) realized the mistake that had been made. The risk had been transferred from banks to savers spread through the world without keeping in mind that ethical norm requires that the transfer of risk can happen only if who receives it has broad shoulders, or "broader shoulders" compared to the subject from which the risk originates. We´ve understood that what happened was the exact opposite. Banks transferred the risk to savers, even when they knew that that they would not be able to manage it. All of this together can help interpret the current situation.

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These days, the Euro is under attack by speculators. We asked  economists Luigino Bruni and Stefano Zamagni their opinions.

By Antonella Ferrucci

Luigino Bruni, can you tell us what is happening? 

Unfortunately, what is happening shows that Europe is not yet a "community" of peoples and states. As you can see, the central banks of individual countries are by BCE_ridstatute last-resort lenders, that is, in the case of speculative attacks, in serious crisis of the state, they must intervene with reserves to avoid accumulative effects (just remember what happened in Italy in 1993 when Ciampi was governor of the Bank of Italy and had to resort to inflation of the Lira).

The European Central Bank by statute did not want to play this role out of fear that weaker countries would abuse this function. So, faced with Greece´s crisis, instead of intervening in a timely manner as the Central Bank of a state would do in these cases, it intervened a month after mediations and compromises had been made, and this made the late rescue intervention completely ineffective. Therefore, we are now under full speculative attack with regards to the Euro without having the instruments to be able to adequately respond. 

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The Euro in Crisis: Lack of "Community" and Knots to Untangle

These days, the Euro is under attack by speculators. We asked  economists Luigino Bruni and Stefano Zamagni their opinions. By Antonella Ferrucci Luigino Bruni, can you tell us what is happening?  Unfortunately, what is happening shows that Europe is not yet a "community" of peoples and s...
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A reflection on the words of the Pope at the Caritas Youth Hostel in Rome

by Fabio Colagrande

Rediscover "the propelling force of development" in charity. Pope Benedict XVI launched this invitation last week during his visit to the Caritas Youth Hostel at the Roma Termini Train Station, and it had a persistent echo. It is still only possible to unite these indications of the Pope with the criterion that regulate the economy if - as the Pope himself repeats - the human person is placed at the center of market and finance and not interests. Luigino Bruni, associate professor of Political Economy at the University of Milano-Bicocca, reaffirms this conviction while speaking with Fabio Colagrande.

"Charity is in the person who acts," he said. "It is in the person, not in the structures. Therefore, the idea that, if the economy forgets that its propelling element - that is, what innovates and what becomes the standard of truth and justice in the economic system - is the human person and not capital, not institutions, not finance, etc., then this economy leaves the human realm over time. It´s not longer human. Therefore, I believe that the Pope´s message is an appeal that calls economy back to its humanism: either the economy is open to charity, open to full and total love, which Christianity has brought, or it not only goes into crisis but it becomes inhuman. The Pope reminds us that we can get out of this crisis, from any crisis, with charity - being that "excess", that "something more", which is the person capable of going beyond simple duties to open himself or herself to gratuitousness."

[fulltext] =>

Citing the second chapter of Caritas in Veritate, the Pope remembered: "Charity is the basis not only of micro-relationships, but also of macro-relationships: social, economical and political relationships." This phrase is also an appeal to institutions...

"Definitely. It is an appeal to institutions and an appeal to those who work in institutions, because if macro-relationships are not open to charity, they are simply open to something that is against this.  In other words, there is nothing neutral in economy. If economy is the place of human life, it´s not possible to imagine an environment where you can behave in a neutral way from the ethical point of view. Either it´s for the person, it´s for justice, or it´s for injustice and, obviously, for abuse of power. Therefore, this invitation that says either macro-relationships are important to justice and to charity or these are non-love and injustice. It´s a message of great relevance today."

Professor Bruni, the Pope seems to be inviting people to rediscover the dimensions of gift and gratuitouness in a world where the logic of profit and search for self-interests seem to prevail. Is the logic of profit always negative in itself?

"Absolutely no. Meanwhile, we need to understand well what gratuitousness means, because today we confuse it with "gratis" or "free". Gratuitousness is an infinite price, not a price of zero. It is something that has such a high value that it cannot be paid with money, and therefore, the only answer to it is gift. Gratuitousness is a "how we do what we do" in economy and in life, not a "what we do". The way which I live economy is what says gratuitousness, and it is not to be associated with presents, as I said earlier. We cannot associate it with the word "free". And so, it´s not true that there is an opposition between profit and gratuitousness. Obviously, if profit is understood as the goal of economy, as the aim of economic action, then there is an opposition, because profit is an indicator of efficiency, it is a signal of wealth produced, but it cannot be the final goal. If, instead, profit is one of the many variables of economy, it is an indicator of efficiency, and why not? Better still: without profit, there is loss, and an economy that does not create profit destroys wealth in the long run, and I don´t think that any of us want an economy that destroys wealth instead of creating it. Therefore, gratuitousness is compatible with profit, provided that profit is not the only goal of economic action and is an indicator of something broader called - rightly - "added value", "wealth," "efficiency."

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A reflection on the words of the Pope at the Caritas Youth Hostel in Rome

by Fabio Colagrande

Rediscover "the propelling force of development" in charity. Pope Benedict XVI launched this invitation last week during his visit to the Caritas Youth Hostel at the Roma Termini Train Station, and it had a persistent echo. It is still only possible to unite these indications of the Pope with the criterion that regulate the economy if - as the Pope himself repeats - the human person is placed at the center of market and finance and not interests. Luigino Bruni, associate professor of Political Economy at the University of Milano-Bicocca, reaffirms this conviction while speaking with Fabio Colagrande.

"Charity is in the person who acts," he said. "It is in the person, not in the structures. Therefore, the idea that, if the economy forgets that its propelling element - that is, what innovates and what becomes the standard of truth and justice in the economic system - is the human person and not capital, not institutions, not finance, etc., then this economy leaves the human realm over time. It´s not longer human. Therefore, I believe that the Pope´s message is an appeal that calls economy back to its humanism: either the economy is open to charity, open to full and total love, which Christianity has brought, or it not only goes into crisis but it becomes inhuman. The Pope reminds us that we can get out of this crisis, from any crisis, with charity - being that "excess", that "something more", which is the person capable of going beyond simple duties to open himself or herself to gratuitousness."

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Either the economy is open to the person or it becomes inhuman

A reflection on the words of the Pope at the Caritas Youth Hostel in Rome by Fabio Colagrande Rediscover "the propelling force of development" in charity. Pope Benedict XVI launched this invitation last week during his visit to the Caritas Youth Hostel at the Roma Termini Train Station, and it had a...
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    [id] => 16568
    [title] => Venerate or Marginalize the Body: Two Sides of the Same Medallion
    [alias] => venerate-or-marginalize-the-body-two-sides-of-the-same-medallion
    [introtext] => 

Through venerating and marginalizing the body, today´s society tries to deny fragility and vulnerability

By Luigino Bruni

Never as now in the Western world has the body received so much care and attention. The whirl of business surrounding body care is striking: In Italy, around 15 million Euro a year is spent annually on products, massages, beauty farm, esthetic surgeries, fitness, tanning beds, weight-loss drugs, etc., and this amount continues to increase. Body care is becoming a true cult, with rites, liturgies, temples and priests. But if we look at the phenomenon carefully, we realize that it´s a complex question, and it has it´s dark sides. First of all, the body care we´re looking for is above all that of our body or our face. We´re only interested in the bodies of others if they are beautiful, young, healthy, in shape, attractive, and if the others are our family members.

[fulltext] =>

Consumerism, in fact, is becoming a religion that promises eternity: the car I have right now will no longer be new in a few months, but I can buy an identical one (and one that´s a little better), with the illusion of having a car that is eternally new. It works the same way with all products, bodies included: with care, products and surgeries, we want to defeat time and aging. But sooner or later, the moment of illness and fragility will arrive, for us and for others, and this culture does not help us face this. So the sick, the fragile, the ugly, the old and the dead are all emarginated. You don´t see funerals anymore in our cities. Since I was born, I grew up surrounded by life, and by death, which was a part of life. Our houses were places of life and death, and people grew up a little reconciled with that fact (one has to reconcile himself with death all his life).

We find this same absence of body in social networks (Facebook, for example). If we limited ourselves to "meeting" constructed "people", virtual "people", and we don´t meet the other with his or her complicated, ambivalent physical aspect, then these splendid inventions might just lead us right out of our humanity, as the human does not exist with the body. It is our body, above all, that says who we are and where we are. It´s the body that makes us distinct and truly different from each other, also telling us and others about our limits. Marginalizing or venerating the body, therefore, are two sides of the same medallion: the illusion that it is possible to live well without accounting for the fragility and vulnerability of ourselves and others.

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Through venerating and marginalizing the body, today´s society tries to deny fragility and vulnerability

By Luigino Bruni

Never as now in the Western world has the body received so much care and attention. The whirl of business surrounding body care is striking: In Italy, around 15 million Euro a year is spent annually on products, massages, beauty farm, esthetic surgeries, fitness, tanning beds, weight-loss drugs, etc., and this amount continues to increase. Body care is becoming a true cult, with rites, liturgies, temples and priests. But if we look at the phenomenon carefully, we realize that it´s a complex question, and it has it´s dark sides. First of all, the body care we´re looking for is above all that of our body or our face. We´re only interested in the bodies of others if they are beautiful, young, healthy, in shape, attractive, and if the others are our family members.

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Venerate or Marginalize the Body: Two Sides of the Same Medallion

Through venerating and marginalizing the body, today´s society tries to deny fragility and vulnerability By Luigino Bruni Never as now in the Western world has the body received so much care and attention. The whirl of business surrounding body care is striking: In Italy, around 15 million Euro a ye...
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There is need for responsibility in the economy, whose role has been defined in the most recent studies as that of contributing to the serenity of present and future generations

Simone Baroncia´s interview with Luigino Bruni

Published on www.giovanipace.org, September 2009

What is the relationship between agape, the economy and the common good?
The Italian tradition of public happiness considered the economy in view of the common good. The public good, corresponding to the English "common" (collective good), is a direct relationship between the individual and the consumed good. The common good is exactly the opposite: it´s a direct relationship between people, mediated by the use of goods held in common. In the Social Doctrine of the Church, the common good is intended as the "social and communitarian dimension of moral good", and that is why it is "indivisible, because it is only possible to reach it together", as affirmed in n. 164 of the Compendium of the Social Doctrine of the Church. Agape is a form of love that appears with Christianity. On one hand, in the modern definition of the common good, agape has been set aside, relegated to the private sphere of the family. On the other hand, it has been entrusted to the state through the welfare system, or, in Anglo-Saxon culture, to philanthropy. These are two public forms that have only partially gathered the richness of the dimension of agapic love. One of civilization’s challenges is that of bringing agape back to the center of city life.

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But can the history of economy be read from the viewpoint of agape?

The history of economy is not only history of contracts, and neither is it only the history of public intervention and philanthropic actions. The history that dates from the Fransiscans´ Mounts of Piety to today´s economy of communion and fair and supportive business cannot be fully understood without taking into consideration agape as the basis of their birth and development. In this sense, I believe that the principle of subsidiarity, until now seen only in a vertical function - in the relationship between the various levels of public administration - ought to be revised in it´s agapic function. I believe that this fundamental principle of civil life needs to take on a new inflection.

How?
By not acting on the assumption that contracts are the basis for friendships and that friendships are the basis for agape. It´s good to remember the words of Giacinto Dragonetti, a lawyer from Aquila and disciple of Antonio Genovesi. In the introduction of his book, Of Virtues and Rewards (1766), he wrote, "Men have made millions of laws to punish offenses, and they have not established even one to award virtue". For Dragonetti, virtue is associated with the public good and agape is the cornerstone of civitas, or the body of citizens who constitute a state.

Therefore, agape is connected to happiness, which is the foundation of civil economy?

Civil economy is an ancient Italian tradition that originated in civil humanism. In 14th century Italy, the regions of Tuscany, Umbria and Marche were very important for economic and commercial development. Then, in the 18th century, in Naples, there was a new springtime with Antonio Genovesi´s economic thought. He said that the ultimate goal of economy is not wealth but public happiness. From this point of view, the growth of a country is important only and in as much as it improves people’s well-being. If a growing Gross National Product (GNP) makes us poorer, because the environment is being polluted or relationships are worsened, Genevesi would say that the economy does bad, because an economy is good when it makes quality of life better. Today, therefore, in a world like ours where environmental and social goods are scarce, where we have many goods and few relationships, civil economy is coming back in style. This old Italian tradition is very important and very up-to-date. With other authors, I´m re-launching it into the practice and theory of contemporary economy.

A return to public happiness, a word that´s no longer fashionable…
It´s not in style because the public meaning of happiness has been lost. During the days following the earthquake in Abruzzo, one could understand what it means when a country also has a body. During normal times, during times of abundance, we forget that a country is a community, a body, and so that happiness regards everyone. When there is a natural disaster, we again feel part of a dimension that is bigger than our family. Public happiness says that this dimension should be the norm and not an exception. To think of a country as a family, where we are either all okay or no one is okay, where many common interests exist rather than a conflict of interests.  Instead, over the last few decades, the social fabric which kept the country together has frayed, and today the other is seen as a rival and not as an ally. This is a signal of a decline which must absolutely be corrected.

Public happiness also implies the concept of gift.
Gift, with it´s ambivalences, is a complex experience: in a certain sense, gifts obligate. This concept has to be taken into account in a civilization that no longer gives gifts or wants to accept them if they are not part of publicity schemes or sales. Nobody wants a true gift anymore out of fear of exposing himself to the other. It´s a civilization that is making itself sadder. A significant sign that something is not working is that today there is a lack of joy, typical of a world where the dimension of relationships with others were important. But I´m optimistic: we´ll go ahead - we´ll make it.

What does the economy of communion have to do with all of this?
It´s part of the civil economy because it aims at public happiness. It deals with those key words created by Christian and civil humanism. The Economy of Communion is an important and innovative project of entrepreneurs, workers, executives, consumers, savers, citizens, scholars, economic operators, launched by Chiara Lubich in May of 1991 in Sao Paolo, Brazil. The objective: build and show a human society where, like the first (Christian) community of Jerusalem, "no one among them was in need". Businesses are the pillars of the project. They freely commit themselves to putting their profits in common according to three aims given equal attention: 1) helping disadvantaged people, creating new jobs and meeting basic needs through development projects; 2) starting businesses which much remain efficient and competitive even while open to gratuitousness; and 3) spreading the culture of giving and of reciprocity. The Economy of Communion was born from a spirituality of communion, lived in civil life, pairing efficiency with solidarity, aiming at the strength of the culture of giving to change economic behaviors. It does not consider the poor as a problem, but as a precious resource.

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There is need for responsibility in the economy, whose role has been defined in the most recent studies as that of contributing to the serenity of present and future generations

Simone Baroncia´s interview with Luigino Bruni

Published on www.giovanipace.org, September 2009

What is the relationship between agape, the economy and the common good?
The Italian tradition of public happiness considered the economy in view of the common good. The public good, corresponding to the English "common" (collective good), is a direct relationship between the individual and the consumed good. The common good is exactly the opposite: it´s a direct relationship between people, mediated by the use of goods held in common. In the Social Doctrine of the Church, the common good is intended as the "social and communitarian dimension of moral good", and that is why it is "indivisible, because it is only possible to reach it together", as affirmed in n. 164 of the Compendium of the Social Doctrine of the Church. Agape is a form of love that appears with Christianity. On one hand, in the modern definition of the common good, agape has been set aside, relegated to the private sphere of the family. On the other hand, it has been entrusted to the state through the welfare system, or, in Anglo-Saxon culture, to philanthropy. These are two public forms that have only partially gathered the richness of the dimension of agapic love. One of civilization’s challenges is that of bringing agape back to the center of city life.

[jcfields] => Array ( ) [type] => intro [oddeven] => item-even )

Let´s rediscover civil economy

There is need for responsibility in the economy, whose role has been defined in the most recent studies as that of contributing to the serenity of present and future generations Simone Baroncia´s interview with Luigino Bruni Published on www.giovanipace.org, September 2009 What is t...