Monday, October 19, 2015

Chapter 5 Blog

The chapter was a pleasure to read because it actually discussed money and business in a way that wasnt intended for selfish need or interest. It was centralized around the idea of philanthropy and that people can be altruistic and and have interest in helping others. It discusses ways to use power and money to help people in need, rather than increase the social welfare gap. Social entrepreneurs are using new technology to solve systemic human problems and provide more support to the lower class consumer market. There is value in solving this socio-economic problem and expanding the circulation of money within every economic class. Foundations are being established in order to manage and find resources that can implement a way to get people in lower economic classes more involved in bigger markets. Specific markets need to be aware of how to support the needy and action needs to take place in order to do so.

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