Document Type

Article

Abstract

An enhanced economic philosophy, conscious capitalism, is ascending in the United States and gaining traction in helping corporations redefine their approach to business. This article analyzes and evaluates conscious capitalism, integrates it with biblical economics and the social justice faith tradition, and explores its relationship to business education. Business education researchers have the opportunity to integrate conscious capitalism ideas into business curriculum to give students ideas that broaden their understanding of an enhanced model of capitalism and the ways capitalism can do good. Additionally, there is opportunity for Christian business professors to integrate the social justice themes of mishpat, hesed, and shalom into business and economics curricula, and teach about stakeholder integration, higher purpose and values, leadership, culture, and management. Conscious capitalism is not perfectly aligned with a Christian worldview, nor has it sought to be, and as it emerges, more research can help confirm its efficacy.

Department(s)

Business; College of Adult and Professional Studies; Graduate School; Master of Business Administration (MBA)

Publication Title

The Journal of Biblical Integration in Business

Volume

25

Issue

1

First Page

83

Last Page

90

Publication Date

Fall 12-11-2022

ISSN

1527-0602

E-ISSN

2577-2171

Comments

Article deposited by permission of Creative Commons License https://creativecommons.org/licenses/by-nd/4.0/

Originally published in the Journal of Biblical Integration in Business, Vol 25, No. 1

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