Week 12
7/12/24
Entrepreneur Journal
-Week Twelve-
Lessons Learned
In the text this week we read about the values of virtue and integrity and how they can positively or negatively affect an economy. The author Charles Handy argues that these values are important because business is a system that relies on trust. To a certain fundamental degree, the business world would not function as intended if the values of virtue and integrity didn't exist. Elder D. Todd Christopherson of the Quorum of the Twelve Apostles gave a great talk on this subject titled "Sustainable Societies". In it, he argued that an economy or community is not held together by its laws only but instead by the integrity of the general public. He stated that laws are a desperate last resort to control an uncivilized people. We also read more of this in the book of Mosiah in the Book of Mormon. In it, King Benjamin explains to his people how they eradicated crime and prospered in the land simply by following God's laws and being virtuous people. The list goes on. From these examples, we see just how important these things truly are. The truth is that the backbone of any society rides on its people. Without certain values, an economy is doomed to fail. I agree with the author in saying that integrity and virtue are two values that any economy cannot do without.
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