Anwar Shaikh, professor at the New School for Social Research, says that the big economic challenge of our era is not the environment but the poverty of the huge number of people who live at the bottom of our social ladders. People at the bottom of the economic pyramid are rising up and need to be empowered, but the established powers of the prevailing system will push back.
Interviewed by Daniel Erasmus at King's College, April 2010.
Comments
You can do much more than that.
For example, U of Michigan Business School and the William Davidson Institute together launched a very serious multifaceted effort to use business methods to lift those people out of dire poverty. The peogram is called the Base of the Pyramid, directed by Prof. Ted London. I contributed to the program in some small measures.
Val Samonis
Toronto
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