Economic Prosperity and Employment

Lord Stone of Blackheath Excerpts

Thursday 18th July 2013 Lords Chamber

[Lord Stone of Blackheath]

My Lords, what I am about to propose in this debate possibly applies more to the following debate on the future of civil society, but I am only going to speak here. Perhaps Hansard can cut and paste my speech into the next debate so that I do not have to speak twice.

Seriously, these two issues are inextricably interlinked. The way in which we generate economic activity affects civil society enormously, and when we use terms such as “businesses”, “the Government”, “society” and “the economy”, we must remember that they comprise unique individuals interacting together as a whole, and that the way in which we conduct ourselves as individuals within government, in generating prosperity, and in civil society is greatly affected by our self-knowledge.

I am pleased to be associated with an organisation called Self Knowledge Global Responsibility. It exists to educate and to raise greater awareness of the connection between individual self-knowledge and sustainable development and civic responsibility; and to encourage people to be better citizens in fields such as social business, sustainable agriculture, ethical investment, low-impact buildings, and education and conflict resolution. Essentially, it is saying that if you are globally responsible you must strive for self-knowledge, and with self-knowledge you must be globally responsible. The founders of SKGR, Aaron Cass and John Hill, know that self-knowledge can be engendered by mindfulness. Mindfulness is the gift of mental functioning that can be engendered with practice and, with it, insights and awareness arise.

Your Lordships may feel that I am straying from the subject and that I am talking like some head in the clouds 1960s “flower child”. I suppose I was that—but I was also the joint managing director of Marks & Spencer when we were generating profits of more than £1 billion a year. David Sainsbury was running Sainsbury’s at that time. When we both entered your Lordships’ House both businesses were profitable and growing because the management and the whole team treated as individuals our customers, our staff, our suppliers, even our competitors, our shareholders, the community in which we traded and the global environment. We sought to manage in a caring, responsible, enabling way, with long-term vision. We understood that the effects of our actions in running these businesses were felt by all people at all times.

Coming back to the role of government, Congressman Tim Ryan of Ohio brought out a book recently entitled, A Mindful Nation, in which he shows that mindfulness is being taught and used effectively in classrooms, hospitals, research labs, military bases and in boardrooms and businesses across his country A brilliant business coach, Manj Weerasekera, says that mindfulness can positively impact productivity in all areas because mindfulness is paying attention on purpose in the present moment and in a non-judgmental way and, through this, insights and awareness arise. By the way, studies also show that mindfulness can lead to happier communities.

Returning to the theme of my noble friend Lord Haskel, we have a duty of care to lead the way to economic prosperity and to look at new options with an open mind, especially as so much of the old has failed. Alongside the suggestions made today by noble Lords about quality institutions, pragmatic regulation and enabling government, we must also consider a mindfulness strategy for Britain. I was delighted when David Cameron, the Prime Minister, introduced a well-being measure into the Office for National Statistics, and said that it was not all about GDP. This is a cross-party issue. Mindfulness is the path leading back to the individuals who comprise our society and handing responsibility back to them. It is an energy model based on self-knowledge that is designed to increase productivity. When people are more self-aware, they become more aware of the contributions they make in business and in society as a whole.

This year, a mindfulness strategy is being designed by my honourable friend Chris Ruane MP and my noble friend Lord Layard and others. It builds upon the work currently being done in this field by universities such as Bangor, Oxford and Exeter. They are working on mindfulness in schools and universities for students and teachers, in the health service for patients and staff, in business for employees and management and in the criminal justice system for offenders and police. By the way, for information, noble Lords may wish to know that a mindfulness course is operating here on the estate, with Members of the other place from all parties and a number of Peers. It is run by Professor Mark Williams and Chris Cullen, using their scientifically proven method of training contained in their book, Mindfulness: A Practical Guide to Finding Peace in a Frantic World. We have a new series starting here in the autumn.

Her Majesty’s Government, in considering our approach to the role of government in addressing the need to invigorate the economy, sustain the environment and create a civil society, may wish to help us develop a strategy for mindfulness across several areas of society where scientific proof of its beneficial effects is already on record. Drawing all this together in a cohesive plan could engender widespread well-being and stimulate the economy at the same time.