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The author shows that the application of Jewish ethical precepts derived from the Halakhah (Bible, Talmud, Rabbinic writings and related sources) to 21st century concerns is not easy. Notwithstanding this difficulty, the basic precepts and overall ethical approach - the meta-ethics - are highly instructive for resolving modern-day business problems. Judaism has much to offer by way of insights and experience concerning the conduct of ethical business activity. The author points out that it is a profound insight in the Jewish tradition that Wealth (broadly defined as economic productivity) and Righteousness (broadly defined as ethical behaviour, justice, integrity) go hand in hand. This is what we, moderns, would all do well to ponder and to implement.
The paper gives an interdisciplinary overview of the emerging field of spirituality and business. It uses insights from business ethics, theology, neuroscience, psychology, gender studies, and philosophy to economics, management, organizational science, and banking and refers to different religious convictions including Christianity, Judaism, Islam, Hinduism, Buddhism, Confucianism, the Baha’i faith, and the North-American aboriginal worldview. The authors argue that the materialistic management paradigm has failed. They explore new values for post-materialistic management: frugality, deep ecology, trust, reciprocity, responsibility for future generations, and authenticity. Within this framework profit and growth are no longer ultimate aims but elements in a wider set of values. Similarly, cost-benefit calculations are no longer the essence of management but are part of a broader concept of wisdom in leadership. Spirit-driven businesses require intrinsic motivation for serving the common good and using holistic evaluation schemes for measuring success. The Palgrave Handbook of Business and Spirituality, edited by the authors, is a response to developments that simultaneously challenge the “business as usual” mindset.
economy works fit the latter description, but probably do not fit the former. Another reason for the depth and slow-changing nature of culture is that ‘many norms are rooted in religions’ ( Roland 2004 : 117). Christianity and Judaism might be exceptional
