Small Change

Small Change

Why Business Won't Save the World

Book - 2010
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"A new movement is afoot that promises to save the world by applying the magic of the market to the challenges of social change. But in this hard-hitting, controversial expose, Michael Edwards shows that business is ill-equipped to attack the causes of poverty, inequality, violence, and discrimination."--BOOK JACKET.
Publisher: San Francisco : Berrett-Koehler Publishers, c2010
Edition: 1st ed
ISBN: 9781605093772
Branch Call Number: History 361.765 EDW
Additional Contributors: DÄ“mos (Organization : U.S.)


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May 28, 2014

In Gustuvas Myers' classic, History of the Great American Fortunes, he makes a sarcastic remark towards the end of the book about Mrs. Astor, who creates a foundation in memory of her thieving crooked husband, to help the poor. Sayeth Mr. Myers, [in quotes] Curious, given there wouldn't be so many poor had not Astor stolen from them. [end quote] What a bizarre book? It sounds as if the author knows what is wrong with philanthrocapitalism, and does make several sensible points throughout the book, but they are submerged among all the nonsensical bunkem and dissonant thinking. No, Mr. Edwards, evil thieving psychos who hire assassins and murderers and thugs, do not miraculously transform at an advanced age, and morph into an angelic being who wishes to give away all their fortune. Edwards says [in quotes] . . .colossal mismanagement and risk taking by banks and hedge funds . . .[end quote] when describing what led up to the global economic meltdown. Abacus CDO, Timberwolf CDO, Point Pleasant CDO, Magnetar Capital, AIG? A super-heist ain't mismanagement, Mikey!


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