Peace Economics: Making Money Doesn’t Need to Hurt

Business and Peace are not mutually exclusive. Business does play a crucial role in society. More so, business impacts and depends upon its surrounding. It impacts the social well-being of people and planet, whether intentionally or unintentionally, both locally and globally through the chosen ways of operation and production.

Equally, does business play a key role in contributing to economic development, peace and stability in the areas where it operates. Business provides jobs and revenue to local markets; sets examples of sustainable business practices and can provide support for various social programs through strategic social investment.

In short, business is an inherent aspect of our society, and therefore, if we are striving for a more peaceful and sustainable world, for-profit private enterprises are the most crucial actors in achieving this goal.

In the last decade many systems around the world have been in crisis. The economic market has crashed and the environment is showing severe signs of degradation, both putting our future at stake (Galtung et.al., Klein, McKibben, McDonough and Braungart). The current dominant western economy model, despite creating great
wealth for a few, has failed on its promises, caused grave global financial crises and left many countries and people in economic devastation and hardship.

The spread of markets and democracy, led by America, has radically transformed the world and created the most powerful elite the world has known. This dominant economic legal framework has created a situation where “business” stays self-contained within the broader societal context (Porter & Kramer, 2011, p. 6) Such a self-contained system within a dynamic and diverse world is contradicting in its attempt and misses the opportunity of harvesting its full potential.

The time is urging us to start looking forward and to find sustainable and equitable solutions to the challenges we face. It is now time to find ways to create an economic system that works in accordance to and understanding of the fundamental structure that defines human life and the planet, otherwise we will slowly but surely self-destruct.

Many scientific reports across different disciplines highlight the causes and sever dangers of the current economic system, yet there seems to be a general notion that the system is unchangeable. Too few discussions are being raised publicly to accelerate this needed social and economic change.

From within the business sector there is much discussion and a yet small, but fastgrowing movement on the way. Global affiliations and business networks are being initiated with the goal to help transform the economic sphere in one way or another, from philanthropic and venture social entrepreneurship to development, governance and investment.

For example, to list but a few such affiliations: Wiser Earth, Sustainable Brands, Social Venture Network, Ashoka and B Corporation.

Within the financial sector there are different hubs emerging such as Principles for Responsible Investment (PRI backed by UNEP), Global Impact Investing Network (GIIN) and Impact Investment Exchange Asia (IIEX). On a larger, more global scale there are the UN Global Compact, the Millennium Development Goals (MDG’s) and the Business Call to Action (BCtA).

Rather than dwelling on why the current system does not work I am urging to look at how business can do both, work for peace and do business. Peace can be interpreted in many different ways, in the business context it can always be related to having basic human needs satisfied and providing nature to the ability to reproduce (Galtung et al. 2010).

“Our challenge is to make the world work for 100% of humanity, in the shortest possible time, through spontaneous cooperation without ecological offense or the disadvantage of anyone.”
Buckminster Fuller

The idea of doing good for both our society and our environment and still being profitable is just emerging (Porter and Kramer, Jones, Emerson), though many businesses across sectors have appeared that create their company around a social mission (Indigenous – organic and fair-trade fashion, Indosole – Flip Flop’s out of recycled car tires, PaliGrow (1) – a social enterprise increasing life quality for refugees in Jordan, etc.).

The rise of socially conscious entrepreneurs and “entrepreneurial thinking (2)” is gaining momentum and challenging the conventional way of the currently dominant business mindset.

The advances in technology propose new potential in marketing, customer involvement and “persuasive technology (3).” Social media has created the possibility to
share information and create viral movements like Israel loves Iran (Pushpin, 2012) or Koni 2012 (Invisible Children, 2012). A new school of thought, initiated by the Stanford Peace Innovation Lab, proposes that big social technology corporation such as Facebook, Google, EBay, PayPal and the like carry the potential to be the next big “defense industry” (the Peace Lab calls it Defense Industry 2.0).

The concept is based on the measurement of traceable data transactions between people across a difference boundary (e.g. age, religion, nationality, etc.). Peace Lab has formalised this data structure and named it MAPI’s (Minimum Acceptable Peaceful Interactions). Apparently billions of MAPI’s are recorded in hi-tech company databases every day.

The advances in technology have also brought forth a new form of economy, one based on sharing (e.g. shareable, bayshare (4) etc.). The changes within business thinking are already happening due to consumer pressure for corporate social responsibility, research in related fields proving sustainable industry to be more profitable in the long run (McDonough and Baumgart, 2009, Brauer and Marlin 2009), as well as the increasing demand of individuals wanting to work for a purpose and a greater good (Harvard Business Review, New MBA’s Would Sacrifice Pay for Ethics, 2011 (5).

Lasting sustainable solutions to social and environmental problems can only be found if the gap between the different social sectors (private, public, civil) and disciplines can be bridged. Inclusive and participative cross-sector cooperation and/or collaboration offer great potential for collective impact, which will be more effective to find true
sustainable solutions to the present societal problems.

A great example of using a crosssector interdisciplinary approach is the city of San Francisco. The San Francisco Department of Emergency Management has partnered with BayShare (6), an organisation with the goal to help the sharing economy flourish while simultaneously supporting city stakeholders (citizens and government), in an effort to assist the citizens of San Francisco during emergencies (7). Its program (8) promotes the building of strong connected neighborhoods and cross-sector coalitions for faster disaster response.

Studies show that brands who invite their customers to actively participate in achieving a sustainable common social change, like Toms’ buy a pair of shoes and give one to someone in need (see: http://www.toms.com/toms-us-giving/l) find great traction within their market and increased customer loyalty (Kania & Kramer, 2011). Another study suggests that business has the potential to raise awareness of social or environmental issues and activate customers or clients to collectively solve societal problems (Stokes & Prinz, 2013). In addition there is also research demonstrating the increasing demand of consumers for conscious consumption (Bemporad & Baranowski, 2007).

The studies mentioned above demonstrate the business potential and dependency on the environment, society and context in which it operates. A separation of business
from its context is impossible. The true role of business in war and peace can only be defined by looking at its purpose, relationship, and sphere of influence (Dubee, 2005, p. 28). To evaluate and determine the role of business, one can ask these simple questions: does the business support or detract the provision of basic human needs and the integrity of the ecosystem in relation to its products and services, the production cycle, the business structure and culture; and what does it do with its profit? (Galtung et. all. 2010) !

On a general industrial level this would mean to use a strict Cradle-to-Cradle industrial framework allowing and learning from nature’s self-reproduction with technologies based on recycling and waste reuse. Current violence supportive industries such as weapon manufacturers could focus their technology on renewable energy, recycling technologies and disaster relief equipment. !

In Switzerland the discussion of the government’s responsibility in arms trade has been raised again and again since 1938. Three public raised initiatives to ban arms trade
have been rejected due to the government and the related industrial lobbies propagating that weapon manufacturing is a big part of the Swiss national income, that jobs will be lost and that it is tradition to defend its nation.

These are the same kind of arguments we hear from politicians and lobbyist around the world and are widely propagated in the mass media. The arguments are built on scarcity and patriotism but have little to do with reality (Mair, 2011).

The Swiss governmental owned Ruag shows by example that it is possible to transform a weapon manufacturing company into a civilian and environmental sustainable
focused company. Ruag’s weapon productions have been reduced in the past years to about 15% of the company’s total production. The rest 75% of the business focuses now solely on civilian airplanes and recycling technologies (Kriegsmaterial.ch, n.d). !

In summary, the potential for peace industries is much bigger then propagated due to the current western mindset based on militarism with a goal to keep the oligarchy of
rulers as it is.

This mindset has created a capitalist economy based on the one rule, which is to make money above all―life, nature, god and spirit. Our relationship with money is
troubled. Having more does not make people feel more relaxed, but rather the opposite, increasing the fear of not having enough and needing more (Rosenblith, Henderson, Twist, Schor, & Sherrills, 2009).

Money used to be a tool created to increase the quality of life but has become life itself. Wealth is measured by the amount of money an individual, a group
or country is able to accumulate. As the renowned futurist Hazel Henderson says, the main error of the current capitalist system is that money is mistaken for wealth. The true wealth is not what one accumulates in money or property, but our human potential, our talents and natural resources.

Notes

1. PaliGrow is a young social enterprise. I met the founders in fall of 2012 in Jordan. In 2013 the organization became a US certiCied B-­‐Corporation. The website of PaliGrow is still in the makings. Currently information can only be found on their Facebook page.

2. “Entrepreneurial thinking” or “entrepreneurial mindset” involves looking beyond the current and visualizing what the future can bring with individual and collective initiatives to solve societal problems and create products and services that serve a greater purpose. It also refers to the ability to view the world and its surroundings as a marketplace and in turn developing the necessary actions to exploit opportunities that present themselves – see more here.

3. “Persuasive technology” is technology that attempts to change the way users think and behave. It is an interdisciplinary approach to harness the way users interact to create shifts in the way they perceive the world around them. Applications for persuasive technology can include advertising, health education, and political activism. Many examples are ubiquitous and users may not be consciously aware of the way the technology around them affects their behavior, habits, and attitudes. See more here.

4. See Shareable and Bayshare.

5. See details here.

6. See Bayshare.

7. See this site about San Francisco.

8. See SF72 Hub for Emergency Preparedness.

"2011 – 2013 Master of Advanced Studies in Peace Studies and Conflict Transformation, World Peace Academy – swisspeace Academy, Basel University."

Related Posts

Tony Robinson October 4, 2026 Violence is easy to recognise when someone is being beaten, shot or killed. It becomes more difficult when nobody is holding a weapon. Poverty, discrimination, exploitation and repression can restrict a human life just as effectively, although they do so in very different ways and with very different consequences. Simply adding more categories to an ever-growing list of forms of violence does not really solve the problem. The more interesting question is what all these different situations have in common and why it makes sense to describe them using the same word. Human beings do not simply react to what happens around them. They remember the past, imagine things that do not yet exist, make plans and undertake projects. Workers organise because they imagine different working conditions; people migrate because they imagine another life somewhere else; social movements emerge because people refuse to accept the...
It’s a matter of principles, courage, vision and pulling together – while the militarist world is falling apart… Peter Langille October 3, 2026 “Here, then, is the problem which we present to you, stark and dreadful and inescapable: Shall we put an end to the human race; or shall mankind renounce war?”The Bertrand Russell—Albert Einstein Manifesto, July 9, 1955 ⁕ The forecast for what’s ahead is worrisome. The sharp rise in armed conflicts over the past three years is adding to what was already the highest level in over seventy years. Genocides, which should be prevented are supported. A shared climate emergency that jeopardises survival is ignored. Diverse polls now suggest that people are war-weary, worried and interested in a more effective United Nations. And, there are viable policy options for a more secure world! Yet governments are doubling-down, betting on more war and investing heavily. If current trends persist,...
Johan Galtung 1930-2024October 2015 Published here on October 3, 2026 Let us focus on Civilization for conflict analysis and remedies. Major forms of disorder use violence; war is state organized violence. The most belligerent states are the United States of America and Israel, both with civilization roots. National Evangelism, the US Protestant Christian civilization– more national than evangelical–justifies US warfare as exceptionalism of a people chosen by God, with a manifest destiny to run the world. Orthodox Judaism justifies Israeli warfare to conquer and expand from Nile to Euphrates as a religious right and duty to the Eternal One. The third most belligerent country, the UK, no longer believes it is God-chosen but chosen by the USA; not quite the same but something. But the root cause of global disorder lies in the Occident–with Islam–seeing itself as the single, universal civilization valid for all at all times, all others being...

Recent Articles

Tony Robinson October 4, 2026 Violence is easy to recognise when someone is being beaten, shot or killed. It becomes more difficult when nobody is holding a weapon. Poverty, discrimination, exploitation and repression can restrict a human life just as effectively, although they do so in very different ways and with very different consequences. Simply adding more categories to an ever-growing list of forms of violence does not really solve the problem. The more interesting question is what all these different situations have in common and why it makes sense to describe them using the same word. Human beings do not simply react to what happens around them. They remember the past, imagine things that do not yet exist, make plans and undertake projects. Workers organise because they imagine different working conditions; people migrate because they imagine another life somewhere else; social movements emerge because people refuse to accept the...
It’s a matter of principles, courage, vision and pulling together – while the militarist world is falling apart… Peter Langille October 3, 2026 “Here, then, is the problem which we present to you, stark and dreadful and inescapable: Shall we put an end to the human race; or shall mankind renounce war?”The Bertrand Russell—Albert Einstein Manifesto, July 9, 1955 ⁕ The forecast for what’s ahead is worrisome. The sharp rise in armed conflicts over the past three years is adding to what was already the highest level in over seventy years. Genocides, which should be prevented are supported. A shared climate emergency that jeopardises survival is ignored. Diverse polls now suggest that people are war-weary, worried and interested in a more effective United Nations. And, there are viable policy options for a more secure world! Yet governments are doubling-down, betting on more war and investing heavily. If current trends persist,...
Johan Galtung 1930-2024October 2015 Published here on October 3, 2026 Let us focus on Civilization for conflict analysis and remedies. Major forms of disorder use violence; war is state organized violence. The most belligerent states are the United States of America and Israel, both with civilization roots. National Evangelism, the US Protestant Christian civilization– more national than evangelical–justifies US warfare as exceptionalism of a people chosen by God, with a manifest destiny to run the world. Orthodox Judaism justifies Israeli warfare to conquer and expand from Nile to Euphrates as a religious right and duty to the Eternal One. The third most belligerent country, the UK, no longer believes it is God-chosen but chosen by the USA; not quite the same but something. But the root cause of global disorder lies in the Occident–with Islam–seeing itself as the single, universal civilization valid for all at all times, all others being...

TFF on Substack

Discover and subscribe to more peace materials on TFF Substack

Most Popular

Tony Robinson October 4, 2026 Violence is easy to recognise when someone is being beaten, shot or killed. It becomes more difficult when nobody is holding a weapon. Poverty, discrimination, exploitation and repression can restrict a human life just as effectively, although they do so in very different ways and with very different consequences. Simply adding more categories to an ever-growing list of forms of violence does not really solve the problem. The more interesting question is what all these different situations have in common and why it makes sense to describe them using the same word. Human beings do not simply react to what happens around them. They remember the past, imagine things that do not yet exist, make plans and undertake projects. Workers organise because they imagine different working conditions; people migrate because they imagine another life somewhere else; social movements emerge because people refuse to accept the...
It’s a matter of principles, courage, vision and pulling together – while the militarist world is falling apart… Peter Langille October 3, 2026 “Here, then, is the problem which we present to you, stark and dreadful and inescapable: Shall we put an end to the human race; or shall mankind renounce war?”The Bertrand Russell—Albert Einstein Manifesto, July 9, 1955 ⁕ The forecast for what’s ahead is worrisome. The sharp rise in armed conflicts over the past three years is adding to what was already the highest level in over seventy years. Genocides, which should be prevented are supported. A shared climate emergency that jeopardises survival is ignored. Diverse polls now suggest that people are war-weary, worried and interested in a more effective United Nations. And, there are viable policy options for a more secure world! Yet governments are doubling-down, betting on more war and investing heavily. If current trends persist,...
Johan Galtung 1930-2024October 2015 Published here on October 3, 2026 Let us focus on Civilization for conflict analysis and remedies. Major forms of disorder use violence; war is state organized violence. The most belligerent states are the United States of America and Israel, both with civilization roots. National Evangelism, the US Protestant Christian civilization– more national than evangelical–justifies US warfare as exceptionalism of a people chosen by God, with a manifest destiny to run the world. Orthodox Judaism justifies Israeli warfare to conquer and expand from Nile to Euphrates as a religious right and duty to the Eternal One. The third most belligerent country, the UK, no longer believes it is God-chosen but chosen by the USA; not quite the same but something. But the root cause of global disorder lies in the Occident–with Islam–seeing itself as the single, universal civilization valid for all at all times, all others being...
Read More
Living-Peace-Sign-Budapest-copy
Tony Robinson October 4, 2026 Violence is easy to recognise when someone is being beaten, shot or killed. It becomes more difficult when nobody is holding a weapon. Poverty, discrimination, exploitation and repression can restrict a human life just as effectively, although they do so in very different ways and with very different consequences. Simply adding more categories to an ever-growing list of forms of violence does not really solve the problem. The more interesting question is what all these different situations have in common and why it makes sense to describe them using the same word. Human beings do not simply react to what happens around them. They remember the past, imagine things that do not yet exist, make plans and undertake projects. Workers organise because they imagine different working conditions; people migrate because they imagine another life somewhere else; social movements emerge because people refuse to accept the...
b54a1f10-8c65-4f0b-9dd5-4abc0a7d04cc_2659x2659
It’s a matter of principles, courage, vision and pulling together – while the militarist world is falling apart… Peter Langille October 3, 2026 “Here, then, is the problem which we present to you, stark and dreadful and inescapable: Shall we put an end to the human race; or shall mankind renounce war?”The Bertrand Russell—Albert Einstein Manifesto, July 9, 1955 ⁕ The forecast for what’s ahead is worrisome. The sharp rise in armed conflicts over the past three years is adding to what was already the highest level in over seventy years. Genocides, which should be prevented are supported. A shared climate emergency that jeopardises survival is ignored. Diverse polls now suggest that people are war-weary, worried and interested in a more effective United Nations. And, there are viable policy options for a more secure world! Yet governments are doubling-down, betting on more war and investing heavily. If current trends persist,...
010
Johan Galtung 1930-2024October 2015 Published here on October 3, 2026 Let us focus on Civilization for conflict analysis and remedies. Major forms of disorder use violence; war is state organized violence. The most belligerent states are the United States of America and Israel, both with civilization roots. National Evangelism, the US Protestant Christian civilization– more national than evangelical–justifies US warfare as exceptionalism of a people chosen by God, with a manifest destiny to run the world. Orthodox Judaism justifies Israeli warfare to conquer and expand from Nile to Euphrates as a religious right and duty to the Eternal One. The third most belligerent country, the UK, no longer believes it is God-chosen but chosen by the USA; not quite the same but something. But the root cause of global disorder lies in the Occident–with Islam–seeing itself as the single, universal civilization valid for all at all times, all others being...
Screenshot 2026-10-02 011738
Jan ObergPhD, director, The Transnational Foundation for Peace and Future Research, TFFLund, Sweden October 2, 2026 This is my full original manuscript. The Chinese Academy of Social Science, CASS, makes two publications out if it. 1. China’s Five-year plan emphasized the capabilities of basic research and original innovation. It is regarded as the goal of the future social development, which, as required, should be significantly enhanced. Can you comment on the importance of original innovation in research and academic study? I believe it is easier to define “original innovation” in the natural sciences than in social sciences. The breaking points of what constitutes something new, or innovative, are not quite as sharp in the latter. But in both fields it is about opening up something that was closed, unseen, unexplored before – making manifest what was earlier latent. Innovations come in many forms and shapes – naming something that was not...
arctic-circle-map
The agreement is catastrophic both because of what it says and what it doesn’t mention. It reduces further the major asset of security policies: Freedom of action. Jan Oberg TFF director September 25, 2026 A couple of hours before the agreement was signed on September 22, 2026, I published the following 13 hypotheses about what it would most likely contain on TFF Substack (in English). I was wrong on only the first point. Contrary to what Trump had written on his Truth Social platform, it does not appear to come into force immediately. In fact, it turned out to be worse than even I had anticipated. After these hypotheses now come a number of reflections in light of what the agreement actually contains, and does not contain, as well as the way in which it has generally been presented by major media outlets and by the public-service broadcaster DR. My...
girl-5894831_1280
Below are TFF-related media mentions, comments, videos and social media posts published elsewhere but not on this homepage. We happen to catch and list only a fraction. Regarding video comments and debates, we recommend that you go to the TFF Video Channel on Substack where many of them are reproduced. Jan Oberg is a contributor to China Daily – 52 million daily clicks – and Global Times, CGTN and CCTV (the national television), China Investment, Xinhua News Agency and several others. Articles and videos on these media very often multiply into countless Chinese (and Western media) that re-post them from these main media. Thanks to The China Academy, his analyses, interviews and comments are frequently posted on YouTube channels such as Thinkers Forum and Wave Media. These videos are often re-posted on Bilibili (China’s YouTube), the China Content Center on TikTok, and on the Chinese edition of TikTok, Douyin.com. This means reaching hundreds of millions of viewers worldwide over a year. While there are too many to catch on all these...