Small Change

Small Change

Why Business Won't Save the World

eBook - 2010
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A new movement is afoot that promises to save the world by applying the magic of the market to the challenges of social change. Its supporters argue that using business principles to solve global problems is far more effective than more traditional approaches. What could be wrong with that? Almost everything, argues former Ford Foundation director Michael Edwards. In this hard-hitting, controversial expose, he marshals a wealth of evidence to reveal that in reality, a market approach hurts more than it helps. Real change will come when business acts more like civil society, not the other way.
Publisher: San Francisco : Berrett-Koehler Publishers : [Distributed by] Ingram Publisher Services, c2010.
Edition: 1st ed.
ISBN: 9781282467132
1282467131
9781605093840
160509384X
9781605093796
1605093793
1605093777
9781605093772
Characteristics: 1 online resource (xiv, 124 p.)
Additional Contributors: DÄ“mos (Organization : U.S.)

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StarGladiator
May 28, 2014

In Gustuvas Myers' classic, History of the Great American Fortunes, he makes a sarcastic remark towards the end of the book about Mrs. Astor, who creates a foundation in memory of her thieving crooked husband, to help the poor. Sayeth Mr. Myers, [in quotes] Curious, given there wouldn't be so many poor had not Astor stolen from them. [end quote] What a bizarre book? It sounds as if the author knows what is wrong with philanthrocapitalism, and does make several sensible points throughout the book, but they are submerged among all the nonsensical bunkem and dissonant thinking. No, Mr. Edwards, evil thieving psychos who hire assassins and murderers and thugs, do not miraculously transform at an advanced age, and morph into an angelic being who wishes to give away all their fortune. Edwards says [in quotes] . . .colossal mismanagement and risk taking by banks and hedge funds . . .[end quote] when describing what led up to the global economic meltdown. Abacus CDO, Timberwolf CDO, Point Pleasant CDO, Magnetar Capital, AIG? A super-heist ain't mismanagement, Mikey!

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