Social Business - A new approach to Africa’s development?
I recently wrote an article about social business for African Loft, which followed on from my article discussing capitalism and anti-capitalism.
Please see the article here.
Extract:
‘Social business is a system which, put simply, is exactly the same as any profit-led business, except for one element – rather than the motivation being profit, the motivation is to help the people the business caters for…perhaps the foundations of social business make it a real potential new system. The fact that it builds on the current system by recognising both the benefits and downfalls of capitalism, and the fact that it accounts for human nature do seem to make it a strong idea.’
