“Most people want to do good, and believe that doing so will ultimately benefit everyone, including a company’s shareholders. But what’s been missing in recent decades is a clear compass to guide those in leading positions in our society and economy,” ~ Klaus Schwab, founder and executive chairman of the World Economic Forum.
Imagine being a consumer, you walk into two different shops looking for a new pair of shoes. One is a traditional retail shop, the other one, as you walked in, a simple signboard caught your attention stating that “for every pair of shoes you bought, we will donate another pair to those who need it.” Which shop will you end up purchasing the shoes from if the quality and pricing are more or less the same?
“Charity is no solution to poverty. Charity only perpetuates poverty by taking the initiative away from the poor. We can create a poverty-free world because poverty is not created by poor people. It has been created and sustained by the economic and social systems that we have designed for ourselves; the institutions and concepts that make up that system; the policies that we pursue. You change the system and people get out of poverty. It is the ability to control capital that gives people the power to rise out of poverty.” ~ Muhammad Yunus, Banker to the Poor: Micro-Lending and the Battle Against World Poverty
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