List of articles for ‘Economy’ 
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Social Entrepreneurs: Transformers of Business and Society
By Dan Butts and Mike Whitty Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry. Bill Drayton, CEO, chair and founder of Ashoka, a global nonprofit organization devoted to developing the profession of social entrepreneurship Social entrepreneurs combine [...]
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Share Card – A Bridge from Capitalism to Prout
By Acarya Vimaleshananda Avadhuta Society changes. As it happens for human growth the changes might be negligible in the short run but along the years a child becomes an adult and an adult becomes an aged person. Living in a capitalistic society, we may have noticed that changes are happening. Yet we are not able [...]
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Myth of Improvement of Economic Recession
By Adarsh Chandrakar World economy is facing the worst time since the great depression of 1930. This recession started with the reduction of Business and Banks having the credit crisis for conducting their further business in December 2007. Banks either started defaulting or getting acquired by other bigger banks. This resulted in huge job loss [...]
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Small Business: Not Too Big To Fail, Too Small To Succeed
By Marc Friedland Not Too Big To Fail, Too Small To Succeed: this is the plight of small businesses in an economic downturn. Many people understand that small businesses are a vital part of any community, and the recent economic downturn has made them conspicuous by their absence. The failure of small businesses can cause [...]
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Casino Capitalism and Collapse of the American Economy
By Susmit Kumar, Ph.D. ABSTRACT With the advent of internet technology and subsequent integration of national and global economies in the last couple of decades, brilliant brains have devised methods to generate money for millionaires and billionaires by moving money from one place to another any place in the world by the click of a [...]
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Philosophy of economics
27 Jun 2009, MYSORE: A meet on the Progressive Utilization Theory (PROUT), a philosophy propounded by philosopher P R Sarkar, is underway here. The meet hosted by Ana’nda Ma’rga Pracarak Sam’gha is to commemorate the golden jubilee of the PROUT which was first published in 1959. Participants from Karnataka and Goa are in the city [...]
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Prophet of Boom (and Bust)
The worst economic cycle in more than half a century has everyone from struggling homeowners to former Federal Reserve chairmen shaking their heads in disbelief. Jobs are disappearing, retail sales are in the toilet, bankruptcies of major companies are a daily occurrence, and an unprecedented, massive government bailout has failed thus far to unfreeze the [...]
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The Divine Right of Stockholders
Stockholders fund major public corporations–true or false? False. Or, actually, a tiny bit true–but for the most part, massively false. What’s intriguing is that we speak as though it were entirely true: “I have invested in AT&T,” we say, imagining AT&T as a steward of our money, with a fiduciary responsibility to take care of [...]
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Maleny Cooperatives:Examples of small-scale cooperative enterprise.
Maleny is situated 100 kilometrers north of Brisbane on the Sunshine Coast Hinterland. It is surrounded by lush tropical vegitation, has stunning views of the Glass House Mountains, and overlooks the Pacific Ocean. It has a population of over 7,000 people. Maleny has a long history of cooperative enterprise. On the 3rd May 1903, settlers [...]
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Creating A Poverty-free Future
Approximately 10 years ago, I was standing with my mother at a food store in Novi Sad, Yugoslavia. We wanted to buy yogurt required by a recipe to finish a dish. It didn’t cross our minds that between her, who worked as a senior manager, and myself, employed as an associate lecturer at the university, [...]