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Introduction: Sustainable Solidarity Hans Verboven

Introduction: Sustainable Solidarity Hans Verboven Professor in Business Ethics & Associate fellow of the BASF-Deloitte Chair on Sustainability , University of Antwerp. I. Flanders and Europe – Necessity and limits to solidarity (1) This is how it all started ….

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Introduction: Sustainable Solidarity Hans Verboven

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  1. Introduction: Sustainable Solidarity Hans Verboven Professor in Business Ethics & Associate fellow of the BASF-Deloitte Chair on Sustainability, University of Antwerp

  2. I. Flanders and Europe – Necessity and limits to solidarity (1) This is howitallstarted …

  3. I. Flanders and Europe – Necessity and limits of solidarity (2) This is what we agreed upon: Sustainable solidarity requires responsabilisationand discipline; Democratic deficit of the EU needs to be addressed; More checks and balances arerequired; Avoid design flaws and the institutional labyrinth of the Belgian federal state in Europe = conclusion of the Flemish authors.

  4. II. Economy was the solution – now it is the problem. The EU started: Amid the wasteland of post war Europe With a dream of coal and steel It brought us: Peace and prosperity To preserve it we need to: Combine sympathy and solidarity with responsibility and austerity

  5. III. Solidarity as an ideology Don’t mix religion with economics We need a wealthy Europe for wealthy Europeans Poverty is not a virtue Give a man a fish, you feed him for a day. Teach a man to fish, you feed him for a lifetime. Give a man some money and he’ll be able to pay of his debts one day, give him a money press, and he’ll cause inflation. MAKE SURE THAT: The right hand knows what the left is spending. Empathy versus solidarity

  6. IV. Re-thinking solidarity The dose makes the poison What is a virtue? Virtus = Courage = Virtue Virtue lies between two opposites Unconditional solidarity is not a virtue

  7. V. Solidarity as an insurance A contract with concepts like affordable premium | good faith | transparency | subrogation | mitigation | liability | risk management Limit solidarity in time and allow people and states to fail Dangerous side-effects of solidarity Free rider phenomenon Moral Hazard Samaritan’s dilemma

  8. VI. Modesty and temperance Know thyself – Never too much Set course by the stars and not by the ships around you The cost of concord (Eendracht/Eintracht)

  9. VI. Modesty and temperance (2) Flanders is not Belgium Germany shows the way The Irish example

  10. Extra Europa, nullasalusestThank you

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