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Eat the Poor, Boise Edition
/0 Comments/in Blog, Global Dispatches: Land Value Recapture Updates/by hgsss_kubaIn a nation with so many problems, being informed about issues from on high can be jarring. What’s not so harsh is finding practical solutions performed by people living with the pain. But, unfortunately, we have to descend to the ground for that.
Lucas Bernard
/by hgsss_kubaProfit and Purpose: Understanding the Social Function of the Firm
/0 Comments/in Policy Papers/by hgsss_kubaThe conventional business model views a firm’s short-term profit maximization as its only purpose and measure of success. At the end of the 19th century, Henry George analyzed the paradoxical trend of increasing inequalities in a period of rapid industrialization and growing corporate profitability. Today, the problem has risen again to the top of economic policy and academic discussions. The concerns revolve around enacting reforms of corporate governance structures consistent with a socially conscious business model. Reflecting on these topics, a new business model has begun to evolve in parallel with what has become known as the Stakeholder Approach. Increasingly, businesses are abandoning the one-sided focus on short-term profit maximization and implementing long-run measures for positive social impact. These firms embrace concepts such as sustainability and stakeholder capitalism. Evidence shows that firms that act ethically create sustainable prosperity both for themselves and for their employees and communities. This paper reviews previous theories of the firm, their shortcomings, the success companies achieve from embracing the new social paradigm for business, the organizational entities that may facilitate a transition to a socially conscious corporation through ESG measures that support stakeholder interests, and the organizations that measure businesses’ environmental and social impact.
Sound Economics
/in Learning/by hgsss_kubaUnderstanding our Political Economy (Part II)
Session 4
/in Course/by hgsss_kubaUnderstanding our Political Economy This course explains the fundamental relations between the factors of production utilized in the process of wealth creation and the natural laws that govern its distribution. We will use the interdisciplinary approach employed by Henry George in his writings to provide cohesive, evidence-based insights into why economies experience cycles of boom […]
Understanding our Political Economy (Part II)
Session 3
/in Course/by hgsss_kubaUnderstanding our Political Economy This course explains the fundamental relations between the factors of production utilized in the process of wealth creation and the natural laws that govern its distribution. We will use the interdisciplinary approach employed by Henry George in his writings to provide cohesive, evidence-based insights into why economies experience cycles of boom […]
Understanding our Political Economy (Part II)
Session 2
/in Course/by hgsss_kubaUnderstanding our Political Economy This course explains the fundamental relations between the factors of production utilized in the process of wealth creation and the natural laws that govern its distribution. We will use the interdisciplinary approach employed by Henry George in his writings to provide cohesive, evidence-based insights into why economies experience cycles of boom […]
Understanding our Political Economy (Part II)
Session 1
/in Course/by hgsss_kubaUnderstanding our Political Economy This course explains the fundamental relations between the factors of production utilized in the process of wealth creation and the natural laws that govern its distribution. We will use the interdisciplinary approach employed by Henry George in his writings to provide cohesive, evidence-based insights into why economies experience cycles of boom […]
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