International political economy Essay Example | Topics and Well Written Essays - 1000 words

International political economy - Essay ExampleEntrepreneurs, leaders corporations, and even social activists are taking the step to show how this phenomenon is changing the lives of people across the world. This mass forms the basis for this review as it tries to identify the naive realism of this phenomenon, and if the corporate world is entirely ready for it. The definition of social business in this book is that it is a sustainable business that guarantees return on start-up capital, however does not offer investors any return. It is the authors belief that the current practices, for example social enterprises and non- simoleons are what may lead to more poverty among unconditioned individuals. Social business offers an declareer a return on their start-up capital, regardless of the time it takes to get this capital back. According to the author, this phenomenon (social business) has stopped being just a possible action that is discussed in corporate boardrooms, and is bei ng introduced in some areas in Asia, the U.S., and even Europe. By introducing, embracing, and trying the social business theory, the author develops an idea somewhat a new form of capitalism that is opposed to some current methods and practices present in most organizations (Yunus 2011, p. 103). Products offered by social businesses may rake in profit, but do not offer dividends (Yunus 2011, p. 229). They are also capable of satisfying the needs of the less wealthy individuals in society. All profits gained strike to go back to the society in which the business is located. According to the author, the case studies are a way of showing individuals that it is possible to incorporate this in the stinting world and find a way to provide everyone with their needs. This is while reducing the pressure of money among the less privileged. Something worth noting about the author is that he is the erupt of the micro-credit agency, Grameen Bank. It offers services (financial) at an affordab le rate of interest. The authors economic stand is brought out in the book as it struggles to change the perception that establishments whoremaster only belong to one of two economic camps, which are non-profit and for-profit. However, the book might fail to address some crucial elements that surround the progress of the theory of social business. Some of the issues brought out in the book offer advice on what might be the best possible way for people to start their own businesses (Bari 2011, p. 78). This is not geared toward encouraging the growth of the phenomenon in most corporate structures in the business world. A great idea might lie behindhand the authors intention of getting people to know what needs to be done to start and run a successful business. Sadly, it does not jab into advising would-be business owners on what needs to be done to exactly capture all the latest trends in the economic world. The ends of the first chapters in the book talk more of the steps in the d evelopment of the Grameen. This, according to me, makes the chapters seem lacklustre in their presentation. The didactic aspect of the book leaves no room for the profit and social business aspects that most readers may want to attain at the end of the book. It is next to impossible to attain a clear perspective on the part profit aspect of a