From Profit to Purpose: The Distinctive Proposition of the Economy of Communion Approach

Andrew Gustafson () and Celeste Harvey ()
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Andrew Gustafson: Creighton University
Celeste Harvey: College of St. Mary

Humanistic Management Journal, 2023, vol. 8, issue 2, No 3, 167-179

Abstract: Abstract In this essay, we highlight 7 distinctives of EoC businesses which set them apart even from other humanistic approaches to management. Not that EoC’s distinctives make them a non-humanistic form of management, but they distinguish it with a unique set of goals and aims. These are: 1. Social and Economic Transformation Towards Unity; 2. The existential Self giving aspect—Creating a Culture of Encounter; 3. Redistributing Wealth for the Common Good; 4. Concern to Alleviate Poverty in All of Its Forms, and to Participate in Poverty; 5. EoC Entrepreneurs Participate in Poverty (The Wound and the Blessing); 6. Fraternity and the Market as a Place of Community-Building (Communion); and 7. Competitors as friends—Acting as “Starters of Cooperation.”

Keywords: Economy of Communion; Humanistic Management; Common Good; Poverty; Culture of Encounter; Competition; Unity (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s41463-023-00152-w

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