Virtue and Integrity

Based on what you read in the first two pages (pages 3 and 4), why are virtue and integrity so vital to an economy?

Many of the important decisions within a country are governed by politicians, people who arrived there by a common agreement of voters, trusting in that person, like a voice for the whole country to listen them and help in the resolution of their problems. 

Unfortunately the economy of a country, the major decisions taken in matters of economy go through the analysis and evaluation of people elected by the people. If these people are not virtuous and in no way inclined to benefit the people who elected him. Big decisions nowadays lean more on the benefit of large corporations, than for the welfare of education and health in a country. 

There is a lack of integrity and virtue in their dealings and policies that directly affect our economy, hurting thousands of people with their decisions and just thinking about their personal benefit.

The meaning of both words in the dictionary:

Virtue:

Provision of the person to act according to certain ideal projects as good, truth, justice and beauty.

Integrity:

Something whole is a thing that possesses all its parts intact or, said of a person, refers to a correct, educated, attentive, probo and unblemished individual.

We definitely need a lot of integrity and virtue to grow and improve in our economy, there is an exaggerated lack of values in the lives of people who make important decisions about economics.

According to Charles Handy, what is the “real justification” for the existence of businesses?

The purpose of gaining profits in a business is so that it can further improve the business, make it grow, that small growth is the true justification.

What are two solutions proposed by Handy that you agree with? Why?

The use of truth in the declaration of your income and expenses. Because the truth will set us free and it will make us grow economically.