TT Hello, my name is Toby Thompson. I am here today with Heiko Spitzeck, Lecturer in Corporate Responsibility here at Cranfield. Heiko when faith in the banking sector is at an all time low, and representatives of Government and Parliament are under considerable stress and pressure regarding its use of moral integrity, what has humanism got to say about all those issues? You put a book out recently about humanism in business, where does humanism stand in regard to this?
HS Well, I think regarding faith in business and crisis, I think we are going to face a couple of crises and we have seen some studies which have been done on the banking sector that the eighteenth century had six crises, the nineteenth century had about sixteen crises and the twentieth century had about thirty six crises. So if we extrapolate from that into the future, we are going to see that there are some crises that we have to cope with in the current century as well.
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