Spiritual Capital

Presenting a thorough, comprehensive theory of spiritual capital based on solid academic research, 'Spiritual Capital' serves to reinforce and amplify the notion of a moral economic core that is beginning to feature in contemporary economic arguments. In this rare major work wholly dedicated to the subject of spiritual capital, Sam Rima explains the desperate need for revolutionary and transformational thinking in the area of economic policy and practice and makes the case for a new moral foundation to business and economics that directly addresses today's financial and business crisis. Writing in an accessible style, and drawing on examples from several continents, Rima explains spiritual capital theory in terms of the resources needed for its creation, how it is formed, how it can be invested and what the return on investment can be. The book provides practical tools for measuring a personal or organizational store of spiritual capital, along with clear guidelines on how to engage in spiritual capital formation. These will benefit business leaders interested in developing viable and sustainable enterprises capable of avoiding the disconnection between economic policy and social reality. There are also recommendations here for policy makers regarding the macro application of spiritual capital theory. This important contribution to Gower's Transformation and Innovation Series will appeal to business leaders and policy makers, academicians and students in the fields of sociology, theology, and economics, and anyone interested in social and economic justice issues, social innovation, and corporate social responsibility.

In their new book Danah Zohar and Ian Marshall envisage two scenarios. The first is business as we know it today - all short-term interest, short-term gain, isolationist thinking, with the material bottom line as king. The second envisages a business culture driven by fundamental values and a deep sense of purpose in which wealth is accumulated to generate a decent profit while acting to raise the common good. The emphasis is on 'stake-holder value', where stake-holders include the human race, present and future, and the planet itself. These are the values of Spiritual Capital. The crucial question, which Zohar and Marshall address, is: How we can move from one scenario to the other? They show how we need to consider three types of capital to make the leap. Rational Intelligence (IQ) and Emotional Intelligence (EQ) are needed to diagnose the current state, and then the twelve qualities of Spiritual Intelligence (SQ) can be used to bring about the final transformation. The ultimate goal is sustainable capitalism within a framework of a more meaningful working life.

Many important contemporary debates cross economics and religion, in turn raising questions about the relationship between the two fields. This book, edited by a leader in the new interdisciplinary field of economics and religion and with contributions by experts on different aspects of the relationship between economics and Christianity, maps the current state of scholarship and points to new directions for the field. It covers the history of the relationship between economics and Christianity, economic thinking in the main Christian traditions, and the role of religion in economic development, as well as new work on the economics of religious behavior and religious markets and topics of debate between economists and theologians. It is essential reading for economists concerned with the foundations of their discipline, historians, moral philosophers, theologians seeking to engage with economics, and public policy researchers and practitioners.

Presenting a thorough, comprehensive theory of spiritual capital based on solid academic research, 'Spiritual Capital' serves to reinforce and amplify the notion of a moral economic core that is beginning to feature in contemporary economic arguments. In this rare major work wholly dedicated to the subject of spiritual capital, Sam Rima explains the desperate need for revolutionary and transformational thinking in the area of economic policy and practice and makes the case for a new moral foundation to business and economics that directly addresses today's financial and business crisis. Writing in an accessible style, and drawing on examples from several continents, Rima explains spiritual capital theory in terms of the resources needed for its creation, how it is formed, how it can be invested and what the return on investment can be. The book provides practical tools for measuring a personal or organizational store of spiritual capital, along with clear guidelines on how to engage in spiritual capital formation. These will benefit business leaders interested in developing viable and sustainable enterprises capable of avoiding the disconnection between economic policy and social reality. There are also recommendations here for policy makers regarding the macro application of spiritual capital theory. This important contribution to Gower's Transformation and Innovation Series will appeal to business leaders and policy makers, academicians and students in the fields of sociology, theology, and economics, and anyone interested in social and economic justice issues, social innovation, and corporate social responsibility.

Presenting a thorough, comprehensive theory of spiritual capital based on solid academic research, 'Spiritual Capital' serves to reinforce and amplify the notion of a moral economic core that is beginning to feature in contemporary economic arguments. In this rare major work wholly dedicated to the subject of spiritual capital, Sam Rima explains the desperate need for revolutionary and transformational thinking in the area of economic policy and practice and makes the case for a new moral foundation to business and economics that directly addresses today's financial and business crisis. Writing in an accessible style, and drawing on examples from several continents, Rima explains spiritual capital theory in terms of the resources needed for its creation, how it is formed, how it can be invested and what the return on investment can be. The book provides practical tools for measuring a personal or organizational store of spiritual capital, along with clear guidelines on how to engage in spiritual capital formation. These will benefit business leaders interested in developing viable and sustainable enterprises capable of avoiding the disconnection between economic policy and social reality. There are also recommendations here for policy makers regarding the macro application of spiritual capital theory. This important contribution to Gower's Transformation and Innovation Series will appeal to business leaders and policy makers, academicians and students in the fields of sociology, theology, and economics, and anyone interested in social and economic justice issues, social innovation, and corporate social responsibility.

"Spiritual Capital" presents a new vision of capitalist society that transcends the greed, materialism, and meaninglessness so rampant today. It offers an idea of wealth, profit, and capital that's about more than simply money.

When personal life splinters from professional life, as it does for so many people today, we often hold forth a vision of human life, in which everything fits together: work, family, community, and the common good. Organizational leaders love this dream, because, frankly, when people bring their whole selves to work, they are more productive. What’s good for the company, in this case, looks to be good for the staff member, too. And that’s no small accomplishment in a time when pandemic and racial inequity have made organizational leadership so economically and socially challenging. But all too often, this dream of holistic living and work relies too heavily upon the inner resources of individuals. The result is burnout, as leaders grow fatigued and team members feel manipulated. This book’s research among social entrepreneurs—with close attention to the experience of entrepreneurs of color—suggests that workplace communities have the economic and social resources needed for commonwealth. But the goods remain latent. Instead of obsessing about what individual inwardness can do, we should catalyze those latent resources. This book shows leaders how to start new conversations and tell new stories in order to cultivate spiritual capital and activate those latent goods.

'The Hidden Form of Capital' presents evidence from several parts of the changing world about how the realm of the spirit affects the economy. The idea that societies have economic cultures as well as aesthetic, literary, and artistic cultures is well-embedded in a number of major studies attempting to identify the origins of national wealth and progress. This book provides an original contribution to the debate, by discussing the relationship between religion and the economy not via further theoretical speculation, but through the presentation of analytical evidence from real-life case studies in Europe, Asia, Africa, Russia, and the United States. There is currently a major re-assessment of assumptions about the foundations of societal progress, as the market rationality model is exposed for its moral weaknesses. The emergence of socio-economics as a scholarly field, as well as the embracing of complexity theory and the societal effect in economic analysis, brings the question of cultural effects to the forefront. This collection of studies offers more practical and tangible evidence, especially unique and useful for its comparative aspect. The book skilfully combines this comparative and descriptive character with an accessible writing style intended for a wide audience.