Does the call for responsible capitalism include responsible technology?


January 20th, 2012

Unless you have been on a different planet this week you cannot have escaped the rhetoric around responsible capitalism.   If you don’t know what this means try “googling” “responsible capitalism”; I have just tried that and found over 13 million hits, many of them within the last 24 hours.  So certainly we have a public relations success.   Still wondering what the term really means?

The core idea appears to be that fairness matters.   In other words inequalities in society such as high salaries and the bonus culture amongst failing non-profitable banks is being recognised as challenging most people’s concept of fair.   High on the political agenda in the UK is the rhetoric around making markets work for all.   Basic notions of “justice” in most people’s minds is based on equal treatment of people.   Indeed thinkers like Sen go further and claim justice is about what is reasonable.   He further argues against parochialism, saying that we must adress global injustice.

For those who care about equity in the wider world these are exciting times.   But the debate needs to be broader than the somewhat narrow economic definitions of markets and capitalism.   Injustice is something we can come together and fight against.   One of the less obvious sources of injustice in the global society is the way access to technologies is limited.   Among the key questions we need to ask are:

  • How do we address technology injustice?
  • What is a reasonable and fair access to technologies such as clean water and sanitation?
  • How can we deliver access to energy services to more than 1 billion people who lack them by 2020?

Let us know what you think about the technology injustices that are current in our global society.   Join in the conversation…remember we can only change the world one conversation at a time.

 

2 responses to “Does the call for responsible capitalism include responsible technology?”

  1. K.Williams Says:

    I do not know anywhere near enough to know how to do what is right for the poor people who are without basics such as clean water, good diet and protection from the elements.
    But I do know that none of the world should have anything beyond basic needs (let alone massive bonuses) until everyone on earth has access to the essential basics. How do we get anywhere near that without our governments coming into play? Surely, we cannot ensure anything along these lines without our governments, even with our own small contributions?

  2. William Thompson Says:

    K. Williams is on the right track. Governments generally control most of the money..Business and government are in bed together..The poor always lose..

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