America 's Most Demanding Social Problems Essay

798 Words Apr 22nd, 2016 4 Pages
First of all, I really like his approach to overcome the cause of today`s most demanding social problems. It`s not a typical first-world “we know the best” approach, rather a businessman making his journey into the real world, finding different vision every time he fails and happily using his optimistic character to strike problems. In the book, he compared poor people with 'bonsai ' tree and remarked that if we could help poor people out of poverty by creating an enabling environment, then it is a matter of time to resolve worldwide poverty problem. Rather than having an NGO or IGOs doing something for the unprivileged why not help them to get out of their own problem? I think this idea has more lasting effects since top-down approaches have proven to be useless.
To create a convenient soil for the bonsai people to grow, he calls for a creation of an alternative business economy devoted to helping the underprivileged. He calls it social business- an additional business model to capitalism where serving society is the sole objective of the company. Like an NGO, it has a social or environmental mission, but like a business, it generates its own revenues to cover its costs. Investors may recoup their initial investment, but all further profits are reinvested for growth and innovation, or to seed new social business ventures. He even foresees the day when social businesses will be public companies whose shares are traded on their own stock market. This, he believes, will help…

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