Monday, February 4, 2013

"Philanthrocapitalism"

Expert from Philanthrocapitalism
A world full of big problems must be put right. We can save the lives of millions of children who die each year in poor countries from poverty or diseases that have been eradicated in the rich world.
As the time when a growing number of big for-profit businesses are catching the philanthrocapitalism bug and getting into giving- or at least trying to do good. ...
In poor countries, governments are struggling to meet the challenges of accelerating economic development and of public health.

The problem of our age is the proper administration of wealth. The inequality was the inevitable result of the laws of accumulation and distribution. These rewarded a "talent for organization and management" rare among men with more revenue than can be judiciously expended upon themselves.
much better this great irregularity than universal squalor.
the rich should regard their surplus wealth as the property of the many.
The acceleration of globalization since the WW 2, as trade barriers have been gradually dismantled, has affected most industries, enabling more efficient companies to increase their growth rate. The gap between the super-rich and average people has certainly widened.

In 2007, India's prime minister, Manmohan Singn, gave a speech urging business leaders to adopt a ten-point "social charter" to ensure that economic growth is more equitable and empowers the most deprived of our citizens. The electronic media, said Singh, carries the lifestyles of the rich and famous into every village and every slum. Media often highlights the vulgar display of their wealth. An era of great concern is the level of ostentatious expenditure on weddings and other family. It is socially wastefully and it plants seeds of resentment in the minds of the have-nots. 

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