In an era where profit often appears to conflict with ethical imperatives, a balanced conversation has never been more important. Our next policy dialogue, “Bridging Profit and Principle: A Dialogue on Capitalism and Morality,” seeks to go into the heart of this seeming divide by investigating the complex relationship between capitalism and moral ideals. This event aims to explore how capitalism, which is frequently criticized for putting money above people, may actually align with moral norms to benefit society as a whole.
We hope to address the intricate contradictions between the desire for financial success and the need to serve and improve communities by bringing together thought leaders, economists, ethicists, and business executives. The discussions we have will center on crucial subjects such as corporate social responsibility, ethical consumption, and corporations’ role in supporting social good alongside profit-making. Through this dialogue, we hope to demonstrate that capitalism, when infused with moral considerations, can be a strong engine for addressing societal needs, pushing the boundaries of innovation, and propelling ethical development. Join us as we traverse the intricate interplay between business and service, looking for methods to avoid sacrificing morals for economic benefit.
Date:13th March 2024
Time: 16:00 UTC
Speakers
Bruce Koerber
He was born in 1956 in Pittsburgh, Pennsylvania. In 1985-6 he studied Austrian economics at Auburn University shortly after the establishment of the Ludwig von Mises Institute in 1982 in Auburn, Alabama. Reading, contemplating, and some teaching over the next twenty years prepared the seed bed for a unique and marvelous germ which appeared in a dream in late 2004. This image in the mind of an economist technically trained in the classical liberalism tradition became the foundation of a new human action theory called the divine economy theory.
By reading these books you will experience the seven-year journey that began with the image. From it emerged new human action models that ‘lay out for everyone to see’ the macroeconomy, the microeconomy, ethical economics, and economic justice. There is nothing out there like it, nothing so coherent and integrated, nothing so descriptive of the subjective nature of humans and their social cooperation. The theory is thrilling and the models represent a new economic technology.
John Mugabe Socrates
He is the Executive Director for Action for Liberty and Economic Development, Uganda which is a libertarian think tank aiming to promote ideas of a free and prosperous society through educating and empowering students. In 2014, he read a book Road to Serfdom by Hayek that changed his way of thinking about freedom and prosperity, and ever since then, he became passionate about the ideas of a free society. He also founded Students for Liberty – Uganda in 2016.
Nathaniel Dwamena
He is the President of YAFO Institute. He is a researcher and free market policy analyst. He is responsible for the overall affairs, supervision and progress of the Yafo Institute. He was part of the team consulted by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ Ghana) to undertake study on business red tape in Ghana.
He successfully completed think tank training in Nigeria and project management and fundraising training in Kenya and policy marketing in Tanzania which aided in his successful graduation from the Atlas Network Academy, Atlas Network (USA). He is a blockchain enthusiast and CEO at African Institute for Defi and Blockchain.
He graduated from Kwame Nkrumah University of Science & Technology with a Bachelor of Law and a B.A. (Hons) in Geography and Rural Development.