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Making Capitalism Work for the Poor and Society: A Review Essay

dc.contributor.authorNimal A. Fernando
dc.date.accessioned2015-01-24T13:10:16Z
dc.date.available2015-01-24T13:10:16Z
dc.date.issued2008-10-01
dc.identifier.urihttp://hdl.handle.net/11540/737
dc.description.abstractEconomist and founder of the Grameen Bank, Muhammad Yunus together with personal finance expert Karl Weber, argue that neither the profit-maximizing business nor the other conventional approaches adopted by nonprofit organizations and multilateral funding agencies can provide a sufficient answer to the problem of persistent poverty and many social problems that we see in the world. The corporate social responsibility approach of profit-maximizing businesses will not work either. To complete the structure of capitalism and address these problems, they argue, that we need another kind of business - one that recognizes the multidimensional nature of human beings. Their suggestion is the concept of social business. The book defines this concept and explains why they think it could provide the answers to poverty and social problems. They conclude that when this concept becomes well-known and begins to spread through all the free-market economies of the world, the flood of creativity that this new business channel will unleash has the potential to transform our world. Is this a realistic expectation?
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleMaking Capitalism Work for the Poor and Society: A Review Essay
dc.typeKnowledge Publications
dc.subject.expertAlleviating Poverty
dc.subject.expertAnti-Poverty
dc.subject.expertExtreme Poverty
dc.subject.expertFight Against Poverty
dc.subject.expertGlobal Poverty
dc.subject.expertHealth Aspects Of Poverty
dc.subject.expertIndicators Of Poverty
dc.subject.expertParticipatory Poverty Assessment
dc.subject.expertPoverty Eradication
dc.subject.expertPoverty Analysis
dc.subject.expertPoverty In Developing Countries
dc.subject.expertPoverty Reduction Efforts
dc.subject.expertUrban Poverty
dc.subject.adbDevelopment Indicators
dc.subject.adbEnvironmental Indicators
dc.subject.adbEconomic Indicators
dc.subject.adbEducational Indicators
dc.subject.adbDemographic Indicators
dc.subject.adbHealth Indicators
dc.subject.adbDisadvantaged Groups
dc.subject.adbLow Income Groups
dc.subject.adbSocially Disadvantaged Children
dc.subject.adbRural Conditions
dc.subject.adbRural Development
dc.subject.adbSocial Conditions
dc.subject.adbUrban Development
dc.subject.adbUrban Sociology
dc.subject.naturalPoor
dc.subject.naturalEconomic forecasting
dc.subject.naturalHealth expectancy
dc.subject.naturalSocial groups
dc.subject.naturalPolitical participation
dc.subject.naturalDistribution of income
dc.subject.naturalInequality of income
dc.subject.naturalDeveloping countries
dc.subject.naturalRural community development
dc.subject.naturalMass society
dc.subject.naturalSocial change
dc.subject.naturalSocial policy
dc.subject.naturalSocial stability
dc.subject.naturalPopulation
dc.subject.naturalSustainable development
dc.subject.naturalPeasantry
dc.subject.naturalUrban policy
dc.subject.naturalUrban renewal
dc.contributor.imprintAsian Development Bank
oar.themePoverty
oar.adminregionEast Asia Region
oar.countryChina, People’s Republic of
oar.countryHong Kong, China
oar.countryChina, People’s Republic of
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-001771
oar.authorFernando, Nimal A.
oar.importtrue
oar.googlescholar.linkpresenttrue


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