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Alleviating Poverty Through Profitable Partnerships: Globalization, Markets And Economic Well-Being, Patricia Werhane, Scott Kelley, Laura Hartman, Dennis Moberg
Alleviating Poverty Through Profitable Partnerships: Globalization, Markets And Economic Well-Being, Patricia Werhane, Scott Kelley, Laura Hartman, Dennis Moberg
Scott Kelley
In this book, the authors approach poverty alleviation from an atypical perspective. The thesis is that poverty can be reduced, if not eradicated, both locally and globally, but this will occur only if we change our shared narratives about global free enterprise, and only if we recalibrate our mindsets regarding how poverty issues are most effectively addressed. They argue that poverty amelioration cannot be effected by the traditional means employed during the last century—foreign aid from developed nations and/or from non-profit international organizations. Rather, the authors present evidence which demonstrates that a mindset embracing initiatives developed by global corporations in …
Business, Profit, Partnership And The Global Common Good, Scott Kelley, Patricia Werhane, Laura Hartman
Business, Profit, Partnership And The Global Common Good, Scott Kelley, Patricia Werhane, Laura Hartman
Scott Kelley
The chapter considers the reduction of poverty through for-profit initiatives, with a critique of global corporations that take goods and services out of the "bottom of the pyramid" rather than developing new markets that provide new jobs as well as export products and services. Thus, the common good is served through economic empowerment without having to appeal to global philanthropy. An inversion of intuitive thinking is proposed whereby models for for-profit initiatives are considered that will contribute to the common good rather than using a notion of the common good to inspire global companies.