Spiritual capital : a moral core for economic practice

The thesis of Spiritual Capital Theory: A Moral Core for Economic Practice is that the current prevailing paradigm of neoliberal capitalism has become incapable of solving the world's recurring economic crises and, in fact, has instead become one of the primary causes of these recurring crises. The reason for this, according to this dissertation, is that the practice of neoliberal capitalism has been dislodged from a concern for social ontology and is no longer guided by any discernable moral core capable of mitigating its potential negative effects. The fact that neoliberal capitalist practice has become rooted, almost exclusively, in empirical, positivistic, mathematical science has further exacerbated this current state of economic affairs. In response to this problem the research conducted for this thesis explored nascent concepts of spiritual capital in order to develop a more economically oriented theory of spiritual capital that might serve as a moral core for economic practice and re-root it in social ontology. As such, Spiritual capital involves economic practice that is characterized by the leveraging of other forms of capital at an actor or organization's disposal with the conscious intention of promoting social and economic justice and advancing the common good. When an individual or organization leverages their natural, human, social, financial, manufactured, intellectual or other forms of capital with the specific intent of promoting social and economic justice and advancing the common good, they are investing spiritual capital. In this way spiritual capital has the potential to serve as a moral core for economic practice and re-root it in social ontology.EThOS - Electronic Theses Online ServiceGBUnited Kingdo