Social business: a response to the new global economic reform
Abstract
Despite the economic development and prosperity achieved around the world during the last decades, poverty continues being a significant challenge to tackle. The article points out the need of a major change in the financial framework of capitalism that allow poor people to gain economic empowerment and therefore, access to better life conditions. This can be achieved through social businesses, which are those that exist for the collective benefit of others. The article offers examples of social business, including the case of the Grameen Bank in Bangladesh, as well as different ways to design this type of businesses, stressing out the importance of information technology, as an effective way to spread out this innovative idea.
Article download
Crossmark
License
In order to support the global exchange of knowledge, the journal Revista Española de Desarrollo y Cooperación is allowing unrestricted access to its content as from its publication in this electronic edition, and as such it is an open-access journal. The originals published in this journal are the property of the Complutense University of Madrid and any reproduction thereof in full or in part must cite the source. All content is distributed under a Creative Commons Attribution 4.0 use and distribution licence (CC BY 4.0). This circumstance must be expressly stated in these terms where necessary. You can view the summary and the complete legal text of the licence.
