Altruism and Compassion in Economic Systems

Altruism and Compassion in Economic Systems

A Dialogue between Economics, Neuroscience and Contemplative Sciences

[Text from original program] This is the first interdisciplinary public conference for the Mind & Life Institute in Europe and is co-sponsored by the University of Zurich. The goal of this event is to hold a high level, interdisciplinary dialogue on Buddhist, neuroscientific, psychological and economic views on empathy, compassion and pro-social motivation, and to discuss the relevance of altruism and compassion for both personal transformation and the transformation of large-scale social systems such as economic systems.

Dialogue Sessions

Compassion, Empathy, Altruism, and Prosocial Behavior

This opening session brings together Buddhism, psychology, neuroscience, and economics to challenge the assumption that human behavior is fundamentally driven by self-interest and to explore whether compassion can help shape more sustainable economic systems. The Dalai Lama argues that economic activity cannot be separated from human motivation and emotion, pointing to greed, speculation, ignorance, and …

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Altruism: Evolutionary Origins and Modern Expressions

The discussion examines how altruism and compassion might become practical foundations for economic and social life by drawing on evolutionary biology, economics, neuroscience, and Buddhist thought. Matthieu Ricard argues that because economic systems shape everyday life, cultivating greater concern for others is essential for reconciling short-term economic interests, quality of life, and long-term environmental well-being. …

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Economic Research on Altruistic/Pro-Social Behavior

The session examines how economics might be reoriented toward human happiness, cooperation, and social welfare rather than treating income growth and self-interest as its primary goals. Richard Layard argues that while competitive markets have greatly increased material living standards, happiness in wealthy countries has not risen correspondingly because people compare themselves with others and because …

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Introducing Pro-Sociality into Economic Systems

This session explores practical ways to embed altruism, responsibility, and sustainability into economic life, moving from theory to concrete models in finance, development, and grassroots action. Antoinette Hunziker-Ebneter argues that investors and financial institutions can promote sustainable quality of life by considering social, environmental, and governance factors alongside financial returns, shifting from short-term profit maximization …

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Reflections, Integration and Future Directions for Research and Policy

The final session of Mind & Life XX reflects on how compassion, altruism, leadership, education, and institutional design might come together to create economic systems that support both material prosperity and human and environmental well-being. Joan Halifax frames compassion as a necessity for survival, while Bill George argues that transforming organizations requires compassionate, authentic leaders …

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Participants

Honorary Board Chair
  • His Holiness the Dalai Lama
Interpreter
  • Thupten Jinpa
Coordinators
  • Adam Engle
Speakers
  • Daniel Batson
  • Richard Davidson 
  • John Dunne
  • Ernst Fehr 
  • William George 
  • Roshi Joan Halifax
  • Diego Hangartner
  • William Harbaug
  • Antoinette Hunziker-Ebneter
  • Lord Richard Layaard
  • Matthieu Ricard
  • Sanjit Bunker Roy
  • Gert Scobel
  • Joan Silk
  • Tania Singer
  • Arthur Vayloyan