Economy of Communion in EA Part III: Course Background

About the Founder: Chiara Lubich

The  founder of Focolare Movement and the Eoc Chiara Lubich stated “it often begins with something very concrete”   “lets give always, lets give a smile, understanding and forgiveness: lets listen, lets give our intelligence, our will and availability, lets give our experiences and capabilities. Giving : let this be the word that gives us no respite.”  Pope John Paul also stated that this is a lifestyle of communion: means an ability to think of our brothers and sisters. As those who are part of me, to welcome is a gift of me.

In 1943 inTrento, Italy Chiara Lubich founded the Fuocolare movement during the Second World War. Chiara and her companions started off working with people in the poorest neighborhoods of the city and bomb shelters. This first group soon became a movement, dedicated to living out the precepts of Christians, Buddhists, Hindus and spread initially inEuropeand then worldwide.

Economy of Communion

The Economy of Communion (EoC) involves entrepreneurs, workers, managers, consumers and experts in the world of finance. It was launched in 1991 in São Paulo/Brazil by Chiara Lubich (foundress of the Focolare Movement) with the aim of building and showing a society where, following the examples of the first Christian community in Jerusalem, “there was not a needy person among them” (Acts 4:34).

After 20 years of its existence, the EoC businesses have been considered as the pillars of the project. They freely commit themselves to putting their profits in common, according to the following goals:

• To support the development of persons and communities that find themselves in need through shared projects based on reciprocity, subsidiarity and communion;

• To spread the culture of giving and of reciprocity;

• To develop the businesses themselves, creating jobs and wealth, directing all internal and external business life towards the common good. In addition, the EoC gives life to industrial parks in the “small towns” of the Focolare Movement aiming at showing a living laboratory of an economy of communion.

The EoC is an expression of a “Spirituality of Communion” in civil life; It links effectiveness and fraternity; In order to change the current economic behavior of pure profit-maximization, it emphasizes the “Culture of Giving”; It does not consider the poor mainly as a problem, but as a precious resource for the Common Good.

Economy of Communion Idea on African soil

In January 2011, CUEA hosted the first academic Conference on the Economy of Communion on African soil, with the title “Economy of Communion: A New Paradigm for African Development”.

CUEA provided the course in EoC that and trained professionals in the business world, whom it is expected will in turn train others. In posting the lessons we learnt in this blog, we hope to help CUEA in achieving this mission of training all interested people.

The Lecturers:

• Giampietro Parolin:  Lecturer in Social Accounting – University of Milan Bicocca and  Financial Manager  – ESU di Padova

• Vittorio Pelligra: Assistant Professor of Economics in the Department of Economics, University of Cagliari and a Research Fellow CRENoS (Centre for North-South Economic  Research).

This course empowered business professionals and students with knowledge and skills in promoting a new concept in the business world: The “Economy of Communion” (EoC).

Giampietro Parolin

DEFINING, MANANGING AND MEASURING PERFORMANCE IN EOC COMPANIES

The aim of the first part of the course is to learn social accounting techniques to support the implementation of an Economy of Communion business.

– An introduction of EoC business model and its implications on accounting system

– Accountability in a EoC business and its consistency with strategy and governance

– Communion as multidimensional strategy and performance:  economic dimension, relational capital and corporate culture

– Communion as multidimensional strategy and performance:  Social and environmental quality, human capital – and working community, intellectual capital and communication

– The interplay of organizational culture and organizational structure: a dynamic evolution

*****

Vittorio Pelligra

MICROFOUNDATIONS AND MACROECONOMIC CONSEQUENCES OF THE EOC MODEL OF FIRM AND MARKET

The aim of the second part of the course course is to explore the  microeconomic foundations of other-regarding behavior, its connection with the EoC model, and their macroeconomic consequences – The problem of cooperation I: promises, threats, virtues

– The problem of cooperation II: altruism and equity

– The phenomenon of Trust: reputation, intentions, and  the power of asking

– Inside the EoC firm

– Macroeconomic Perspectives

 

Paul Kisolo: Executive Consultant KARDS

Millicent Agutu: Administrator KARDS

Francis Owino: Administrator REG

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