THEME: "Ethics and the Global Economic Crisis: Pointers for the Future"

Humankind is facing one of the gravest economic crises in the last one hundred years. What are the main causes of this crisis? How is it related to moral values and ethical principles? What are the strengths and weaknesses of existing economic systems when it comes to resolving the current global economic crisis? How can young people in particular help to find solutions which will ensure a sustainable, equitable economy that will serve the interests of the vast majority of humankind in the world of tomorrow?

It is because the crisis has a profound bearing upon the youth that we have made it the theme of our IYEP this time. We want young people themselves to provide new, creative ideas on how we can overcome the crisis and what sort of economy and society they would like to see in the future.

The 5 day workshop

The event is to be organised as a Global Café workshop. Each workshop will focus on one of the areas outlined below with the final day’s event being a culmination of the outcomes of all 4 days.

The Causes of the Global Economic Crisis.

What are the primary causes of the crisis? Was the sub-prime mortgage crisis a symptom or the cause of the crisis? How did financial deregulation contribute to the crisis? What is the connection between the de-linking of the gold standard and the dollar and the present crisis? To what extent is the present crisis a repudiation of market based economics? Or, is it a defeat for neo-liberal capitalism? Has the global economic crisis exposed the inherent flaws in capitalism itself?

The global economic crisis has been described widely as a crisis that reveals the potency of greed and selfishness in present-day economic practices and institutions. Is this true? How did greed --- a common human failing --- become institutionalised and legitimised in both the national and the global economy? What is the impact, and what are the consequences, of greed as a social vice for the vast majority of the human family? How has the economy reinforced self-centredness or selfishness as a trait? What are the spiritual and moral values that have been eroded by dominant, conventional economic norms?

Reflections on Prevailing Economic Philosophies and Systems

Having examined the weaknesses in the capitalist system, let us now ask: what are the strengths in that system and in its underlying philosophy? How has capitalism evolved over the centuries? What are the dominant forms of capitalism prevalent today and what are their strengths and weaknesses? Are they relevant at all in the search for solutions to the present crisis? What positive role can socialism play in the current global economic crisis? What are the strengths and weaknesses of the different forms of socialism that have evolved since the second half of the nineteenth century? What led to the decline of socialism and socialist systems in the last 30 years? What were the positive and negative characteristics of societies and economies inspired by religious ideals in past centuries? What has been the track record of contemporary efforts to establish societies and economies on the basis of religious principles and practices? Would religion be able to help humankind overcome the present global economic crisis?

Pointers for the Future.

What are the important steps that should be taken today to ensure that a global economic crisis of the magnitude we are facing today will not recur in the future? What are some of the new global structures and some of the new global and national policies that should be put in place in order to ensure sustainable, viable national and global economies in the future? How would the positive elements from capitalism, socialism and religion contribute towards this new economic order? What would be the role of a universal spiritual-moral vision of social justice and human dignity in sustaining this new order? How can the youth of the world help to shape a new global economy guided by this universal spiritual-moral vision?

The Agenda

Day 1:

• Speaker 1: Introduction to the Global Economic Crisis
• Speaker 2: Introduction to Causes of the Global Economic Crisis
• Discussion

Day 2:

• Speaker 3: Introduction to Ethics and the Crisis.
• Discussion

Day 3:

• Speaker 4: Introduction to Economic Philosophies and Systems
• Discussion
• Evening Public Debate (Tentative)

Day 4:

• Speaker 5 : Introduction to Alternatives for the Future
• Discussion

• Presentation of various groups’ discussions
• End.

Outcome

The workshop hopes for a number of outcomes which will encourage and inspire the youth of today to participate actively in shaping the economic future of their respective societies and indeed, the destiny of the human family as a whole.

Are you interested in the global economic crisis and want to engage with other passionate young people looking for solutions ?

If you’re between 21 – 25 years old, studying or active in civil society or research,

JUST invites you to apply for IYEP3! Conference, accommodation and food will be provided free of charge

To apply, please download the application form by clicking here. Fill out the application form and send it back to us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it

You may alternatively contact us at 03-7960 3207

Limited places available please apply ASAP.