Poverty is an unnecessary form of human degradation and badly conceived economics. Our thesis is that poverty can be reduced, if not eradicated, both locally and globally. But this will occur only if we change our shared narratives about global free enterprise, remind ourselves that poverty is a system, and conceive of poverty alleviation as a "bottom up" project. There is no "one size fits all" for poverty reduction. Rather, poverty is a system and must be addressed locally. It is our aim, as it is the aim of the United Nations, the World Bank, and many other organizations, to erase it from our vocabulary and from this planet.
With a series of case studies that accompany each chapter, this book should assist readers in thinking about poverty alleviation from a number of perspectives, from bottom-up entrepreneurial projects, local-corporate ventures, with public-private partnerships, from focused philanthropy, with education and health care initiatives, and agriculture reforms in rural communities, all with creating a win-win for local and partnership individuals, organizations, and communities..
The book should be useful in various undergraduate and graduate courses on ethics, applied ethics. developing economic systems, and on poverty.
"Patricia Werhane and her colleagues show how our mental models blind us from seeing new realms of possibilities. In this gem of a book, they portray poverty for what it represents for business--an opportunity to dramatically improve peoples' lives."
Stuart L. Hart, S.C. Johnson Chair in Sustainable Global Enterprise, Cornell University.
"The authors lay out a compelling case of how the private sector represents a powerful force against global poverty. They develop a model that inextricably links corporate social responsibility with competitive advantage."
Robert Weisberg, former U.S. Ambassador to the Republic of Congo and Global Ethics Officer for Nokia Siemens Networks.
Chapter 1 – Poverty is a System
Chapter 2 – Traditional Strategies for the Alleviation of Poverty
Chapter 3 – Mental Models and Contributing Biases on Global Poverty
Chapter 4 – Narratives of Multinational For-Profit Enterprises and Corporate Social Responsibility
Chapter 5 – Global Poverty and Moral Imagination
Chapter 6 – Institutional Barriers, Moral Risk and Transformative Business Ventures
Chapter 7 – Public-Private Partnerships and other Hybrid Models for Poverty Alleviation
Chapter 8 – Agriculture in the Developing World
Chapter 9 – Focused Philanthropy