morality of a solution

scottie — Tue, 29 Jan 2008 16:18:44 -0500

As we see the challenge of Global poverty being addressed here we must re-evaluate the pressure that has been placed on the citizens of the Global north as well. I agree that philanthropy is not the answer. The issue has been turned into a moralistic finger-waggling, and sometimes cash maker, by so many sanctimonious leaders and so called humanitarians that they have forgotten about the power of the intellect. Both belonging to members of the MNCs and the people of impoverished nations. The mobilization of the planet's MNCs is the solution to a crisis deeper than we can know.

Interview with George C. Lodge, the man behind the World Development Corporation

John Paul — Tue, 14 Mar 2006 12:10:23 -0500

In January, I wrote about the proposed creation of the World Development Corporation (WDC), a new institution which would harness the capabilities of MNCs to confront global poverty while at the same time reviving their legitimacy and maintaining shareholder value. The for-profit entity would work closely with NGOs and governments to invest in and scale up viable social enterprises like the ones we highlight here on Nextbillion.

The idea for the WDC comes from George C. Lodge, professor emeritus at Harvard University. Together with co-author Craig Wilson, Lodge has written a new book that examines the concept further. A Corporate Solution to Global Poverty: How Multinationals Can Help the Poor and Invigorate Their Own Legitimacy is due out in May.

In the meantime, Harvard has just published a great interview with Lodge in which he explains why nonprofits aren't the answer to ending poverty and asks that executives look beyond philanthropy to make lasting positive change.

NextBillion.net - Development Through Enterprise - Interview with George C. Lodge, the man behind the World Development Corporation - Comments

morality of a solution

Interview with George C. Lodge, the man behind the World Development Corporation