Trickle down theory has proven to be deficient in so many areas. Sure, many millions of people no longer live in poverty due to the expansion and growth of the economy world wide, but as these figures suggest (and maybe they are not 100% accurate, but lets take them as a guide) there are many problems with a free market economy which leaves millions of others behind, and creates wage slaves out of the majority of the working population, trapped by rampant consumerism, the same consumerism that is destroying much of the world’s resources. Is social enterprise the answer? A quick fix? Who knows. Maybe not. But at least it is an ethical step in the right direction in the current dominant paradigm of free market capitalism.
Social entrepreneur based in Australia.
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