Globalization from the Bottom Up A Blueprint for Modern Capitalism [Hardcover]

Takes a proactive approach to addressing big issues of world poverty, economic development, and the impact of globalization  with recommendations for business leaders, policymakers, and concerned citizens around the world

Samli offers an alternative model, a philosophy and practice of social capitalism that is grounded in a bottom-up approach to wealth creation, while acknowledging that power will continue to be concentrated at the top level of the pyramid

This book argues that concentration of wealth is not sustainable. It offers an alternative model, a philosophy of social capitalism that is grounded in a bottom-up approach to wealth creation and presents a view of a more inclusive and sustainable future.

The net pro?t of Exxonfor the year2005was reportedto be almost $8 billion which re?ectedabout40percentgrowthinits pro?tpicturewithina year. Aspro?tpictures of fuel, arms, medical services and ?nancial services industries among others reach unbelievable levels, by de?nition, most consumers get poorer because they have less money left for other essentials for their lives such as food, education, medical needs, and housing. Adding insult to injury, of the 100 largest budgets in the world, 52 belong to private corporations. Needless to say, such accumulation of economic power and such mind-boggling pro?t pictures do not encourage any movement on the part of these powerhouse companies to reach out and do something about the troubled world within which they have amassed such economic and indeed in- rectly political power. This is a questionable view of the world; I have to get more power before others do it and I get it at the expense of others. This is what this author coins the GREED FACTOR. As has been said, power corrupts and absolute power corrupts absolutely. The greed factor unfortunately is at the threshold of - solute power that corrupts absolutely. Unchecked and unguided continuity of this orientationl3œ