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April 19, 2014  |  About the Berkley Center  |  Directions to the Center  |  Subscribe
 
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Values and the Global Economy Values and the Global Economy
Since the global financial crisis that hit in 2008, debate has raged on the moral foundations of the world economy. To what degree is business obligated to combine the...

RELATED RESOURCES: VALUES

World Values Survey
Organization
Gyatsotenzin

The Dalai Lama on the Financial Crisis

July 4, 2009
WELT ONLINE: In your opinion the free market isn't performing well, and you also don't believe in regulation. So what it is that we need?

DALAI LAMA: I call it a "responsible free market economy". In the end it comes down to every single individual; it is dependent on each individual's sense of moral responsibility, self-discipline, and values. This financial crisis isn't purely a crisis of the market economy, but rather a crisis of values.

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Tenzin Gyatso Tenzin Gyatso
Tenzin Gyatso, the fourteenth Dalai Lama, is a spiritual leader of the Gelugpa school of Tibetan Buddhism and the leader of the Tibetan Government in Exile in Dharamsala, India. Born in 1935, Gyatso was recognized as the reincarnation of the...