EXCERPTS
A WORD TO THE READER
This book was a
long time in the making. Its genesis can be
traced to the late 1990’s when a business I owned
had strategic relationships with two companies
that were very religious in their organizational
cultures. The principals of each company prayed
before meals, shut down operations for observance
of religious holidays and openly discussed the
importance of faith in daily life.
Their religions clearly promoted ethics that
taught lying, cheating and dishonesty were wrong.
I assumed that these standards would be put into
action in everyday business practices. I was
mistaken! When the microscopic veneer of faith
was pulled away, I found far more dishonesty and
unethical behavior than any I had dealt with in
the past or would in the future. It was as if the
executives had never embraced a moral code of
conduct. I faced a conundrum.
I didn’t have to be an anthropologist or a
sociologist to know that people sincerely hold
religious convictions. But I didn’t have to spend
much time watching the nightly news to see that
religious faith didn’t always translate well into
individual or corporate conduct. I explored this
idea in my doctoral thesis entitled The Impact
of Religious Worldview on Business Ethics and
Practices in Twentieth Century Western
Society. That thesis gave rise to this book.
Writing this book was an exhausting experience.
The first draft was well over 1,500 pages with
footnotes that were longer than the final
published version. The subjects of worldview,
religion and ethics are so wide-sweeping that I
could have kept writing and writing and writing,
only to produce a document so detailed in its
analysis as to be completely unusable except as a
doorstop. The businessperson in me decided there
was not much of a market for doorstops. Therefore
I rewrote and edited for a clean, clear practical
guide—a jargon-free explanation of the world’s
major religions and how those faiths intersect
with business.
With exception of the first and last chapters,
every other chapter covers a major religion and
is broken into the following sections:
1. Introduction
2. History
3. Sacred Texts
4. Selected Readings
5. Core Beliefs
6. Branches
7. In The Marketplace
Sacred Texts offers a convenient summary of
important writings. In order to aid appreciation
of the tone and style of sacred texts, Selected
Readings then follow. The excerpts come from
public domain English translations and merely
highlight the vast treasuries of religious
writings. Formatting is purposely kept as close
to the original documents as possible. This makes
the reading visually similar to what the authors
originally intended.
This book will frustrate some because I don’t
spoon-feed the reader, as if you were unable to
draw a conclusion for yourself. The sections
applying religion to the marketplace are short
compared to preceding sections. My reasoning is:
once understanding is gained from a religion’s
history, core beliefs and sacred texts, the
market application is often straightforward and
self-explanatory.
I do not decide the issues of the present day. I
do try to lay out the bare bones of belief of the
major religions, the basic ideas and values that
many religions share towards business, and the
most likely ways that people express their
various faiths.
I hope I have kept The Gods of Business
simple but subtle, letting you the reader draw
your own conclusions.
Todd Albertson
CHAPTER 1: THE DILEMMA
PRINCE
HENRY THE NAVIGATOR
Prince Henry the
Navigator (1394–1460 C.E.) was the son of King
João of Portugal. Henry organized and financed
many sea expeditions. His most famous were in
search of a sea route to the rich spice trade of
the Indies and along the way to explore the west
coast of Africa.
Prince Henry encountered much difficulty in
persuading his captains to sail beyond Cape
Bojador in the southern Sahara. They believed the
legend that only the “Green Sea of Darkness”
existed beyond this point. They thought the sun
was so close to the Earth that a person’s skin
would turn black. The sea boiled. Ships would
catch on fire. Hidden monsters lurked, waiting to
smash the ships and eat their crews!
On the first attempt Henry sent his ships with
orders to keep close to the coastline. A couple
of weeks after they left, they returned to
Portugal. Their captains told the prince they
could not find a sea route to India because they
had come to the “end of the world.” Henry sent
out thirteen more ships, and each one came back
with the same story. From our armchair in history
it is easy to see how askew that worldview was.
It depended on prejudices that few thought about
or were willing to change in the face of
evidence.
The English word “worldview” comes from the
German word weltanschauung, which means a
“look onto the world.” The term originally was
used to refer to a common concept of reality
shared by a particular group of people who were
generally bound by culture or ethnicity. The word
has been expanded over time to reflect how an
individual views the world and interacts within
it.
On the fourteenth voyage commissioned by Prince
Henry, the ship was blown off course, and the
crew could no longer see the African coastline.
The captain pointed his ship’s bow east and a few
days later came upon Africa again, surprised that
his ship had somehow bypassed the Green Sea of
Darkness.
But a few years later the captain re-discovered
his worst fear. He had announced a sea route to
India. Now as he sailed south along the Spanish
Sahara, he came to a major rock shoal. On the
approach the water became shallower and
shallower. Strange currents began to develop. The
captain and crew were positive that the end of
the world they had missed earlier was now about
to destroy them.
Undoubtedly that is how they felt. The limits of
their ability to discover had nothing to do with
their bravery or their goodness, nor was it
charted on any accurate map of the world. Rather,
the limits were mapped unconsciously by what they
had subjectively envisioned—their worldview.
Why is worldview important in business? Because
people of faith will approach all of their
endeavors with grains of objective truth.
Whatever those grains may be, they are going to
be washed, sieved and filtered through subjective
and unconscious ways of comprehending, acting and
explaining. Some grains will be overlooked,
forgotten or thrown away as inconvenient. Hence,
like the Portuguese sailors of Prince Henry’s
day, the modern businessperson’s religious
worldview provides a mental map of how to conduct
business.
RELIGION
The adage,
“Never discuss sex, politics or religion,” makes
for a very dull evening. Arguments about them,
however, can excite the evening to the point of
breaking up the party and destroying friendships.
Perhaps the problem is the cumulative effect of
passions. If so, dropping the first two subjects
might allow for a more peaceful discussion of the
third. Alas, religion has a lot to say about sex
and politics. Consequently this book is bound to
ignite passions. My hope is that it also inspires
thought.
A simple definition of religion is a belief in a
supernatural or spiritual being(s), and the
practices and ethical code that result from that
belief. Beliefs give religion its mind; rituals
give religion its form; and ethics give religion
its heart.
Each religion teaches its unique truths about the
world, humanity and humanity’s relationship to
the supernatural. A religion also details how its
followers achieve enlightenment (what some would
call holiness; and others, peace of mind), and
why its beliefs are important steps in this
journey. Through these belief systems, religions
teach about misconduct or sin, suffering and
hope, life and death, and whatever comes after.
Judging the prominence of the world’s religions
raises all kinds of problems because the criteria
are so subjective. Adherents.com skips the
problems by listing the top world religions in
terms of sheer numbers. According to Adherents’
count of participants, the top fifteen religions
of the world are:

In this book we
will look at nine of these religions.
Alphabetically they are: Buddhism, Christianity,
Confucianism, Hinduism, Islam, Judaism, Secular
Postmodernism, Shintoism and Sikhism.
Adherents’ third ranked
religion—Secular/Nonreligious/Agnostic/
Atheist—is a mouthful. That is why in this book
the category is called Secular Postmodernism.
Rather than deal with the entirety of the fifth
ranked religion, the focus has been narrowed on
the major component of Chinese traditional
religion, i.e., Confucianism.
Judaism, ranked twelfth, and Shintoism, the
fifteenth largest, have been included for
discussion in this book.
Excluded are Primal/Indigenous, African
Traditional & Diasporic, Juche, Spiritism,
Baha’i and Jainism. In my opinion their
practitioners and worldviews are not major forces
in the global marketplace (at least in comparison
to other religions).
BUSINESS
ETHICS
The
ethics of a religion are both personal and
corporate. Some ethics show followers how to live
their own lives while others set standards of
conduct for entire societies.
Ethics dictate the way people should live with
one another and with nature. By following a
religion’s ethical code, practitioners believe
they can live good, decent, compassionate, just
and loving lives. Ethics give religion its moral
force and universal message.
Business ethics are the rules and principles
within the context of commerce. Because different
worldviews have different business ethics,
contrasts frequently emerge during business
transactions. A more detailed discussion about
the differences will follow in subsequent
chapters.
Business ethics can be self-serving and affect a
company’s overall mission. For example, if a
company’s main purpose is to merely maximize
short-term profits for its stockholders, members
of the governing board might think it unethical
to favor the rights of employees, customers,
society and the community.
Business ethics play out most frequently in
issues concerning relations with different
companies that are suppliers, buyers or
competitors, as well as with government
regulators. Political contributions and lobbying
efforts influence the latter. Bribery may be
included. Just as advertising is meant to sell
product, public relations are meant to sell the
company’s image to the wider world. Coloring the
truth may be part of public relations, sometimes
to the point of outright lying. The ethics of
these endeavors almost always reveal underlying
theories about property rights versus
environmental impact, individualism verses
collectivism, the role of self-interest versus
the needs of society or future generations. In
some cases the company may be fighting the good
fight against centralized government tyranny or
local mob rule.
CHAPTER 2: CONFUCIANISM
Confucianism is
the world’s fifth largest religion with some 394
million practitioners worldwide. Confucianism
literally means The School of the Scholars or
less precisely “The Religion of Confucius.” It is
widely debated whether Confucianism is a religion
or an ethical and philosophical system based on
the teachings of Kung Fu-Tzu (Confucius), a
Chinese philosopher who lived between 551–479
B.C.E.
Some do not believe Confucianism to be a religion
because it lacks formal worship or a meditation
component. Yet it has a strong religious-like
focus on ritual and a distinctive worldview that
dictates its practitioners’ outlook on life.
Regardless of whether Confucianism is a religion,
a philosophy or a melding of both along with
other influences, Confucius’ beliefs became the
standard in Chinese politics and scholarship.
They were eventually recognized as the official
Chinese Imperial belief system. That system has
had immense impact on Chinese and other East
Asian societies, including religious movements
that have arisen in other cultures.
Perhaps the best-known distinction between
Confucianism and other religions is the lack of a
central, authoritative God figure. Confucius
receives ritual respect from followers but is not
worshipped as God.
HISTORY
Confucius spent
a great deal of his adulthood working in
administrative positions within the government.
As an intellectual he worried about the troubled
times in which he lived, and traveled widely to
spread his political ideas and to influence many
of the warlords contending for supremacy in
China.
Confucius believed in the perfectibility of
humanity by the cultivation of the mind. He
stressed the importance of pursuing peace and
equity, devotion to parents and to rituals,
learning, self-control and socially just
activity. His teachings moved from being
philosophical to religious when people began
acting in a “correct” way, following proper
protocol and engaging in ceremonial etiquette.
Confucius introduced the idea of meritocracy,
which led to the introduction of the Imperial
examination system in China in 165 B.C.E. As this
system evolved over the following centuries,
anyone who wished to become a government official
had to prove his worth by passing written
examinations. A revolutionary concept at the
time, meritocracy became the foundation for
modern civil services throughout the world.
Confucius’ establishment of Rujia, the School of
the Literati, produced public officials with a
strong sense of national pride and duty.
Confucius said that praiseworthy were those kings
who left their kingdoms to those most qualified
to manage them, rather than to their elder sons
as tradition dictated. The ethics underlying
Confucian thought are revealed in the Hundred
Schools of Thought, developed by his disciples
and their descendants.
Debated during the Warring States Period and
outlawed during the Qin Dynasty, Confucianism
survived its suppression partly due to the
discovery of a trove of Confucian classics hidden
in the walls of a scholar’s house.
Confucianism was chosen by Han Wudi as a
political system to govern the Chinese Imperial
state. Despite its loss of influence during the
Tang Dynasty, Confucian doctrine remained an
anchor of Chinese thought for 2,000 years until
it was attacked during the Cultural Revolution in
the People’s Republic of China in 1966 C.E.
Although it was outlawed, Confucianism never left
the hearts of the Chinese people and has had a
contemporary renaissance in Mainland China.
Besides the culture of China, the societies most
strongly influenced by Confucianism include
Japan, Korea, Singapore, Taiwan, Vietnam, and the
territories of Hong Kong and
Macau.
SACRED
TEXTS
The
Five Classics (Wu-Ching) and The Four
Books (Ssu-Shu) 2,000-year-old books that
detail Confucian ideas on law, society,
government, education, literature and religion.
Although not strictly holy texts, these works
be-came the core curriculum in Chinese
universities and are still studied today.
The Five Classics
These following five ancient books are the
definitive Confucian authority on Chinese law,
education, social structure and religion.
(1) The Book of History was written during
the Han dynasty (206 B.C.E.–220 C.E.) and
describes events dating back to the Third
Millennium B.C.E. This book contains the sayings
and rules of wise and wicked rulers of past
dynasties. It also details why heaven supported
the wise rulers and opposed the wicked ones.
(2) The Book of Songs/Poetry contains over
300 songs and poems as old as 1000–500 B.C.E.
(3) The Book of Rites details Chinese
religious practices from the 8th to the 5th
Centuries B.C.E.
(4) The Book of Changes contains 64
symbolic hexagrams that, if interpreted
correctly, followers of Confucius believe offer
insight into human behavior. This book dates back
to around 3000 B.C.E. and is considered one of
the most popular holy books in Eastern religion.
(5) The Book of Spring and Autumn is a
chronology of Confucius’ home state of Lu. He may
have dictated the book which was compiled
sometime between 722-481 B.C.E.
The Four Books
These books served as the basis of Chinese civil
service and government until the early 20th
Century. They were originally published
separately until they were compiled as a single
volume in 1190 C.E.
(1) The Great Learning is a book of
instructions on the correct way to perform
rituals. Written between 500-200 B.C.E., its
primary theme is the effect of a ruler’s
integrity on government.
(2) Doctrine of the Mean emphasizes “the
Way” toward self-realization or the perfectly
cultivated self, and is the most mystical of
Confucian writings.
(3) The Analects are sayings of Confucius
compiled by his disciples more than 70 years
after his death in 479 B.C.E. The collection
contains the majority of The Four Books
and details the basic tenants of Confucian
thought, such as perpetuation of culture,
respectful con-duct of affairs, loyalties to
superiors and keeping promises. It includes
vignettes of Confucius’ own life.
(4) The Book of Mencius interprets
Confucian thought through the teachings of
Mencius, one of the most esteemed Confucian
scholars. Mencius asserted that righteousness is
more important than life itself. He believed that
individuals could achieve the Way only though
constant self-refinement.
Unlike most Western philosophers, Confucius did
not rely on deductive reasoning to convince his
listeners. Instead, he used dictum and aphorism
in a highly contextualized manner that often
frustrates Western readers who are not familiar
with Eastern circular thought.
SELECTED
READINGS
BOOK
I HSIO R
CHAP. I. The
Master said, “Is it not pleasant to learn with a
constant perseverance and application?
Is it not delightful to have friends coming from
distant quarters?”
CHAP. II. The philosopher Yu said, “They are few
who, being filial and fraternal, are fond of
offending against their superiors. There have
been none, who, not liking to offend against
their superiors, have been fond of stirring up
confusion.”
CHAP. IV. The philosopher Tsang said, “I daily
examine myself on three points—whether, in
transacting business for others, I may have been
not faithful—whether, in intercourse with
friends, I may have been not sincere—whether I
may have not mastered and practiced the
instructions of my teacher.”
CHAP. V. The Master said, “To rule a country of a
thousand chariots, there must be reverent
attention to business, and sincerity; economy in
expenditure, and love for men; and the employment
of the people at the proper seasons.”
CHAP. VI. The Master said, “A youth, when at
home, should be filial, and, abroad, respectful
to his elders. He should be earnest and truthful.
He should overflow in love to all, and cultivate
the friendship of the good. When he has time and
opportunity, after the performance of these
things, he should employ them in polite studies.”
CHAP. VII. Tsze-hsia said, “If a man withdraws
his mind from the love of beauty, and applies it
as sincerely to the love of the virtuous; if, in
serving his parents, he can exert his utmost
strength; if, in serving his prince, he can
devote his life; if, in his intercourse with his
friends, his words are sincere—although men say
that he has not learned, I will certainly say
that he has.”
CHAP. VIII. “Hold faithfulness and sincerity as
first principles."
"Have no friends not equal to yourself."
"When you have faults, do not fear to abandon
them.”
CHAP. X. Tsze-ch'in asked Tsze-kung, saying,
“When our master comes to any country, he does
not fail to learn all about its government. Does
he ask his information? Or is it given to him?”
Tsze-kung said, “Our master is benign, upright,
courteous, temperate, and complaisant, and thus
he gets his information. The master's mode of
asking information! Is it not different from that
of other men?”
CHAP. XI. The Master said, “While a man's father
is alive, look at the bent of his will; when his
father is dead, look at his conduct. If for three
years he does not alter from the way of his
father, he may be called filial.”
CHAP. XIII. The philosopher Yu said, “When
agreements are made according to what is right,
what is spoken can be made good. When respect is
shown according to what is proper, one keeps far
from shame and disgrace. When the parties upon
whom a man leans are proper persons to be
intimate with, he can make them his guides and
masters.”
CHAP. XIV. The Master said, “He who aims to be a
man of complete virtue in his food does not seek
to gratify his appetite, nor in his dwelling
place does he seek the appliances of ease; he is
earnest in what he is doing, and careful in his
speech; he frequents the company of men of
principle that he may be rectified—such a person
may be said indeed to love to learn.”
CHAP. XV. Tsze-kung said, “What do you pronounce
concerning the poor man who yet does not flatter,
and the rich man who is not proud?' The Master
replied, 'They will do; but they are not equal to
him, who, though poor, is yet cheerful, and to
him, who, though rich, loves the rules of
propriety.”
Tsze-kung replied, “It is said in the Book of
Poetry, ‘As you cut and then file, as you carve
and then polish.’ – The meaning is the same, I
apprehend, as that which you have just
expressed.”
The Master said, “With one like Ts'ze, I can
begin to talk about the odes. I told him one
point, and he knew its proper sequence.”
CHAP. XVI. The Master said, “I will not be
afflicted at men's not knowing me; I will be
afflicted that I do not know
men.”
CORE
BELIEFS
Confucius
believed he was the purveyor of the wisdom of the
ancients. From that wisdom he held that society
consisted of five relationships: (1) husband and
wife; (2) parents and children; (3) older and
younger brother (or older and younger people);
(4) rulers and subjects; and (5) friend and
friend.
Confucian spirituality places strong emphasis on
the role of family, calling for respect, piety
and deference in familial interaction. These
interactions are part and parcel of teachings on
righteousness, ritual wisdom and faithfulness.
Confucius believed people must juggle their
individual good with ultimate good. He thought
that people are inherently good, but they need
direction. If adhered to, direction leads to
deeper virtue. He taught that individuals who put
aside virtue for material pleasure make bad
choices and go down an inferior path.
Confucius told his followers to have true
compassion for one’s own role and for the people
one would encounter. He encouraged every person
to live appropriately in his or her
relationships. The essence of Confucianism is
called jen, which literally means, “all
the good things that happen when people meet,”
including hospitality and wishing them well.
Complimenting jen are five practices for good
conduct: (1) li—respect for people in
authority, whether a god, king or parent; (2)
hsiao—familial love that includes distant
relatives and even friends; (3) yi—mutual
commitment among friends and, more generally, the
cultivation of friendships; (4)
chung—loyalty to the state; and (5)
chun-tzu—an outgoing, generous, liberal
presence.
In other traditions ritual means “to sacrifice”
in a religious ceremony. In Confucianism the term
is extended to include secular ceremonial
behavior common to everyday life. Etiquette is
codified and treated as an all-embracing system
of norms. Confucius tried to revive the etiquette
of earlier dynasties. Paradoxically, after
Confucius’ death his ideas became the standard of
ritual behavior.
BRANCHES
OF CONFUCIANISM
Confucianism
as it exists today is derived primarily from the
Neo-Confucian School led by Zhu Xi (1130–1200
C.E.) of the later Song Dynasty. He gave
Confucianism renewed vigor. In later Chinese
dynasties, the Neo-Confucian School of thought
incorporated Taoist and Buddhist ideas to create
a broader metaphysical system.
CONFUCIANISM
IN THE MARKETPLACE
Confucianism
in the Marketplace translates as four distinct
concepts.
First, in order to organize a stable society,
preference is given to the collective welfare,
rather than to an individual’s welfare. The
reason is that people are interdependent. From
the Confucian perspective, ethical business
requires leaders to give thought to the well
being of all people. If a company, or an entire
country for that matter, were to benefit from
“dishonesty,” the act easily could be considered
ethical because supposedly the whole community
benefits.
Confucianism strongly emphasizes the network of
obligations, duties and relationships binding an
individual to the family, the community and the
state. An individual’s ethics must harmonize with
that of the larger society in pursuit of a common
good. Confucian business ethics combine both the
public and the private realms in what is hoped to
be a happy social whole.
Second, individuals with a Confucian worldview
often avoid candor in order to “save face,” as
well as to ensure the avoidance of injury to the
“faces” of others around them. This is in
contrast to the Western path of excessive
bluntness to gain prompt closure in a
negotiation. As referenced earlier, this
Confucian virtue is li, the sense of propriety
required of all public and ceremonial action,
whether simple or profound.
Third, business structures are extremely
hierarchical and bureaucratic. Businesspeople are
keenly sensitive to age, seniority, rank and
status within organizations. They are more likely
than their Western counterparts to accept the
inequality in power and authority that exists in
most organizations.
The five primary relationships—hsiao—underscore
the hierarchical authority structures in
Confucian businesses. What outsiders might call
an inequality of power is thought of as not only
a matter of relationship but also of custom or a
ritual intrinsic to business decorum.
Fourth, Confucian thought is based upon varying
levels of honesty. While Analects I 12
teaches, “Do not do to others what you would not
like yourself, “ Tseng Tzu wrote in
Analects I 4: “Each day I examine myself
in three ways. In doing things for others, have I
been disloyal? In my interactions with friends,
have I been untrustworthy? Have I not practiced
what I have preached?”
In Analects II 3 Confucius wrote: “Lead
the people with administrative injunctions and
put them in their place with penal law, and they
will avoid punishments but will be without a
sense of shame. Lead them with excellence and put
them in their place through roles and ritual
practices, and in addition to developing a sense
of shame, they will order themselves
harmoniously.”
The Confucian argument is that legal authorities
administer punishments after anti-social actions,
forcing people to generally behave well without
understanding the reasons that they should.
However, ritual patterns of behavior are
internalized and exert their influence before
actions are taken, allowing people to behave
properly because they want to avoid losing face.
The reluctance to employ laws in a society where
relationships are considered more important has
given rise to corruption and nepotism. For
example, the salaries of government officials in
China historically have been far lower than the
minimum required to raise a family. Solution:
resort to bribery, kickbacks and nepotism to make
up the difference. While there have been some
practical methods to control and reduce
corruption, many Chinese blame Confucianism for
not providing the means to allow more significant
reform to occur.
The downfall of Confucianism’s strictly
authoritarian social system is the lack of a
guidance mechanism to judge whether a superior
person is behaving appropriately, and when the
line is crossed beyond which the duty of loyalty
is no longer owed. In countries that follow
Confucian thought, abuse of power continues until
it becomes intolerable. Then the tyrant is
overthrown.
The underlying value in Confucianism is social
harmony based on the assumption that everyone
tries his or her best. If people, especially
those in leadership, do not try their best, there
are no practical safeguards against negligence or
misconduct.



