Five Aspects of the Fifth Pillar – A Philosophical Perspective

In reference to a recent article on higher education in the Economic Times, a well-known tech entrepreneur and philanthropist wrote the following on X/Twitter: “75% of Indian higher education institutions still not industry-ready. Lot of work left to transform. But the 21st century requires education, research, innovation, and startups as four pillars of a university.”

This is a thought I do support, but I think there is one more important meta-pillar, perhaps a ‘foundation’ on which all these pillars are standing, and that is called ethics. Below are five aspects of ethics that I think need further attention.

  1. If one observes some of the major contemporary and pressing problems in our world, they can be connected to the ethical aspects of how humans function. A vital part of our educational system should re-emphasize this connection and make it central to everything that is done in a society.
  2. Ethics has two important elements to it: first, it has a philosophical grounding and connects to how humans function in a society. Second, it has an important connection to how trust in a society can be developed. Most of the discussions on ethics generally focus on the first element from a morality perspective, whereas the second point has an equally important utility and an economic connection.
  3. Ethical principles have great utility. It is important that we never keep it as an implicit aspect of human endeavour. Instead, we should start everything on the ethical grounds and build it up from there, including businesses, because a strong ethical foundation probably would be the best thing to happen for economic progress in any society, because trust is so important among human beings, and it is one thing that probably brings humans together. In the long run, the meaning of ‘prosper’ critically depends on the meaning of ethics. Being prosperous without being ethical is detrimental to any human pursuit. Zero-sum games are exciting, but in the limit of many games, the number of people who lose will be far more than the people who win. Instead, cooperative games have much larger dividends to all players and are inherently connected to a concept called as double thank you moment.
  4. The philosophy of ethics is something which the world has to revisit in greater detail, especially in an era where technological implications are driving human life in directions which we have not anticipated. One may think that raising ethical issues might hinder progress, but my argument here is that, instead of hindrance, one should look at it as an important requisite for human societies to not only survive but also to flourish. Large human endeavours cannot sustain without trust, and that trust is reinforced through ethical behaviour.
  5. Without ethical implications being factored in, it would be hard to really design anything related to technology. A case in point is the social media restrictions in countries such as Australia. Technology has the amazing capability to move fast before the philosophical debates can come in, but it does not mean that philosophy has to be completely ignored. The downstream of a scientific idea can become a product in a market, and positively impact society, but this evolution has a fellow-traveller, and that is ethics. The feedback loop is incomplete without the ethical considerations, and therefore, it should be looked at as an important ingredient in any human design.

There is an inherent connection between cooperation and trust, and that is founded on an ethical principle. The world requires an ethical recap, and it should be part of individuals, institutions, and governments. There is a rich history of ethics in all the cultures across the world, and it is worth revisiting them in a new light. Perhaps it is high time that we “Make Ethics Great Again.”