Numbers used to be cold, hard and clinical - a clincher in any argument. Now look at them: fluffy, soft and left meaningless by woolly-headed thinking.
Last week saw a continuation of the impenetrably misguided policy response to this financial crisis, which seeks to address the downturn by encouraging more of what got us into this mess in the first place. The U.S. Treasury’s toxic assets plan, for instance, looks to “leverage” public funds…in order to defend the bondholders of mismanaged financials who took excessive leverage…
We need to return to a world in which entrepreneurs, not bankers, take the risks and companies are born and die every day without making the news.
Suggests the new financiers will be, the high-level information and knowledge brokers and they will aggregate the new research on global change processes, establish digital trading platforms, and lead in structuring the deals now creating the growing green economy.
Transforming Business is a new research and development project in the University of Cambridge led by Peter Heslam. It analyzes and catalyzes the contribution of business to human development with a focus on enterprise solutions to poverty. More»
Zach Exley offers some raw reflections on capitalism and the economic crisis and begins a thread of comments.
This column feature profiles of people in various specialist fields who the Ecologist magazine believes have a demonstrated a clear vision for a better world. More»
This is New Internationalist’s (NI) guide to the financial crisis. In the April 2009 ‘Put People First’ edition of New Internationalist, David Ransom looks at how the meltdown could signal the start of The Age Of Possibility and Vanessa Baird asks what changes the world economy needs.
Today, businesses that act with philanthropic goals but operate under business plans that mandate turning a profit are beginning to consider themselves a distinct group. More»