Goodness as the Foundation: The Motivation of Goodness in Economic Activities

Rey-Sheng Her ()
Additional contact information
Rey-Sheng Her: Tzu Chi Charity Foundation

Chapter Chapter 9 in The Economy of Goodness, 2024, pp 257-288 from Springer

Abstract: Abstract This chapter looks at how altruism can be the driving force in economic activities, suggesting that a focus on goodness can yield beneficial social outcomes and long-term economic prosperity. The chapter argues that embedding altruism within capitalism can counteract its more destructive tendencies, such as environmental degradation and social inequality. It introduces the concept of the “Economy of Goodness” (EOG), which integrates altruistic motivation, process, and outcomes into all economic practices—not just those traditionally seen as charitable. By aligning economic motivations with the pursuit of collective well-being rather than mere profit, the EOG aims to foster a more harmonious society. The text explores historical and philosophical perspectives to underline the importance of replacing self-interest with altruism, citing examples from various philosophical and religious traditions that emphasize the benefits of selflessness over selfishness in both legal and economic contexts.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-6363-4_9

Ordering information: This item can be ordered from
http://www.springer.com/9789819763634

DOI: 10.1007/978-981-97-6363-4_9

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().