Week 12- Becoming a Change Maker

 Insights from the article "What's a Business For?":

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

Because history has taught us the moment people stop trusting in the large companies’ businesses will collapse. Such as the housing market of 2008 when the banks let people borrow what they wanted and then the people couldn’t pay back the loans or even make payments on the loans and the whole county went into a recession. This happens on all areas of business if consumers or employees lose trust in the business sooner or later that business will collapse. 

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

The “real justification" for the existence of businesses is to change the world. To make positive changes is one’s neighborhood, town, state, country and even the world. If a business is only for profit sooner or later, it will run itself into the ground, but if a company has a clear cause to work towards it will be so much better in the long run. 

For example, a lot of the big oil and Railroad tycoons of the late 1800s to the early 1900s were mostly out to make a profit. Since then, a lot of them have gone bust. Only the ones who had a cause and constantly make changes to keep focused on that cause are still around today.

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

I agree with the two solutions proposed by Handy because something needs to be done to curb consumerism because right now, we are heading for a head on collusion with disaster. The rich are getting richer, and the poor are getting poorer. We need to figure out some way to stabilize the classes or it may turn out to be the whole collapse of the United States’ economy or heck maybe the world’s economy.