Think Biblically: Conversations on Faith & Culture Is Business a Force for Good? (with Jim Otteson)
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Aug 26, 2025 In this enlightening discussion, Jim Otteson, Professor of Business Ethics at Notre Dame and author of "Honorable Business," delves into the skepticism young people have towards business today. He tackles misconceptions around greed and consumerism, advocating for a redefined purpose of business focused on societal improvement. Otteson examines the hidden value entrepreneurs bring, critiques the narrow focus on shareholder wealth, and emphasizes the sacredness of work, encouraging a faith-driven approach to business that uplifts humanity.
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Run An Honorable Business
- Avoid thinking of success as something to 'give back' for because that frames business as inherently sinful.
- Do aim to run 'honorable business' that genuinely improves others' lives while benefiting you and your family.
Profit Doesn't Equal Human Flourishing
- Generating profit does not automatically equal creating genuine value; some profitable products harm flourishing.
- Business actors must judge whether their product honestly improves human flourishing.
Human Dignity As Business's Moral North Star
- The moral north star for business should be human dignity grounded in imago Dei.
- Business creates goods and summons virtues and skills that help individuals flourish and serve others.