Social action. Honest exchange. Grounded learning.
An area to discuss all things enterprising, social, business or other.
Idea sharing, cries for help, fun, development, business etc.
Latest Activity: Jun 24
Started by Jeff Mowatt Feb 9, 2011.
There was a Social Business Jam which started today hosted by IBM. It turns out to be about social media business. I'm talking about business which invests profit in a social objective, the Muhammad…Continue
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Phil, The P-CED approach and success was described in this 2004 interview with a diaspora leader
My colleague Terry describes further in how his seminal paper challenged traditional capitalism as an insufficient paradigm and proposed an alternative. This seems to be what NEF are attempting to do now.
Phil, I offer a relevant paragraph from a proposal we developed in 2004:
"Traditional capitalism is an insufficient economic model allowing monetary outcomes as the bottom line with little regard to social needs. Bottom line must be taken one step further by at least some companies, past profit, to people. How profits are used is equally as important as creation of profits. Where profits can be brought to bear by willing individuals and companies to social benefit, so much the better. Moreover, this activity must be recognized and supported at government policy level as a badly needed, essential, and entirely legitimate enterprise activity."
This was a community re-investment plan based on successful leverage in Russia which had led over 5 years to the creation of 10,000 micro enterprises
I've described it somewhere here in a post about broadband solidarity.
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