Category: Societal Development

How Stakeholder Capitalism Can Reshape Our World!

Imagine an economy as a bustling neighbourhood block party. At such a gathering, everyone contributes—some bring food, others bring music, and a few offer games and activities for kids. This event flourishes only when everyone benefits, making attendees content and the community stronger. Now, consider the economy through the same lens. As

Values and Beliefs: The Twin Engines Driving Identity and Behaviour

Values and belief systems are the twin engines that drive who we are and how we navigate the world. Just as the wind and the rudder set a ship’s course, our values and beliefs steer our decisions, actions, and, ultimately, our identity. Understanding these powerful forces is a matter of curiosity and

Beyond GDP: Urgently Rethinking Prosperity in a Finite World!

What if true prosperity is not measured by the incessant rise of our GDP but by our communities’ health and our planet’s vitality? In “Prosperity Without Growth: Economics for a Finite Planet,” Tim Jackson dismantles the notion that relentless economic growth is the key to lasting prosperity. He advocates for a vision

Beyond Capitalism: Exploring New Paths to Sustainability!

Part 2 Our previous discussion explored the complex relationship between capitalism and sustainability (here). We examined how capitalism—driven by competition and self-interest—has fuelled innovation and growth but at our planet’s and communities’ expense. Now, let’s shift gears and explore what lies beyond the horizon. Is there a better way to balance economic

A Compass to Unchartered Business Success!

In the quest for business growth and innovation,  companies often find themselves trapped in a fierce battle for market share, like sharks fighting over a dwindling supply of fish in a red ocean. To break free from this “red ocean” of competition, W. Chan Kim and Renée Mauborgne’s book “Blue Ocean Shift:

Common Sense: Representation and the Evolution of Democracy

Is it time to embrace genuine self-governance and move beyond traditional methods? In 1776, Thomas Paine’s “Common Sense” became a powerful catalyst, rallying American colonists to resist English rule. Its profound impact inspired Americans to break free from colonial dominance and seize control of their fate. Paine’s pioneering arguments, which condemned the

The Social Contract Society is Like a Team Game

Imagine playing a team sport—soccer, basketball, or any game where working together is critical. For the team to win, everyone needs to follow specific rules, trust each other, and agree on how to share responsibilities. What if this idea was applied instead of a game to how we organise our entire society?

Discover the Changing Power of Social Entrepreneurship!

Social entrepreneurship is like a lighthouse in a stormy sea—it guides society toward change, breaking through the darkness and helping people find a safer course. In their insightful work, Social Entrepreneurship, Roger L. Martin and executive Sally R. Osberg explore what makes social entrepreneurship so potent, how it differs from conventional social services,

Why Economic Growth Doesn’t Solve Inequality?

When we think of progress, we often equate it with wealth. After all, isn’t a booming economy with new technologies, businesses, and opportunities supposed to uplift everyone? Surprisingly, a 19th-century political economist, Henry George, posed a thought-provoking question: Why does poverty persist and worsen as societies grow richer? In his seminal work

The Inevitable Switch: From Capitalism to Socialism!

Often seen as opposing forces, are capitalism and socialism like two dancers performing a complex routine together in the big story of economic systems? In his groundbreaking work “Capitalism, Socialism, and Democracy,” the first edition in 1942, Joseph A. Schumpeter offers a compelling, if somewhat unsettling, portrait of capitalism’s future. Then, he