Common Good
Short Definition
Resources, relationships, and social conditions essential to human well-being, which should be accessible and usable by all members of society in an equitable, sustainable and generative way.
Context
Extended Definition
The Common Good refers to those goods—material, social, environmental, and moral—that benefit everyone and depend on shared stewardship rather than individual ownership.
Unlike Total Good, which represents the sum of individual benefits, the Common Good functions as a multiplication: if even one participant has zero access or benefit, the overall value of the system collapses.
This distinction reveals its systemic nature:
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Total Good (Σ individual goods) can increase even when inequality or exclusion persists.
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Common Good (Π shared goods) depends on the participation and well-being of all; when one person or community is left behind, the whole is diminished.
Examples of the Common Good include clean air, fresh water, public health, education, justice, peace, and social trust.
These are not goods to be consumed but conditions to be maintained, requiring cooperation, ethical governance, and long-term vision.
In the context of Contemporary Marketing Management, the Common Good redefines the purpose of organizations:
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It shifts the managerial question from “What can we gain?” to “What can we sustain together?”.
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It aligns strategic decisions with collective resilience, ethical communication, and inclusive innovation.
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It establishes the foundation for Impact Marketing and Enlightened Management, where business becomes a catalyst for shared prosperity rather than isolated success.
Thus, the Common Good represents not an ideal but a metric of coherence—a way to evaluate whether growth benefits all participants in the ecosystem.
Contemporary Example
See also
Part of chapter: Glossary