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Eye on the world: Values in the banking world
The US Federal Reserve is urging banks to address their “ ‘pervasive shortcomings’ in values,” writes The Christian Science Monitor in a recent editorial, "For ethics in banking, rules aren't enough." But as the Monitor notes, “Relying on fear of punishment is rarely sufficient to instill values such as honesty and trust in employees.”
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From Mary Baker Eddy: “Fear of punishment never made man truly honest. Moral courage is requisite to meet the wrong and to proclaim the right. But how shall we reform the man who has more animal than moral courage, and who has not the true idea of good? Through human consciousness, convince the mortal of his mistake in seeking material means for gaining happiness. Reason is the most active human faculty. Let that inform the sentiments and awaken the man’s dormant sense of moral obligation, and by degrees he will learn the nothingness of the pleasures of human sense and the grandeur and bliss of a spiritual sense, which silences the material or corporeal” (Science and Health with Key to the Scriptures, pp. 327-328).
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