The Charitable-Industrial Complex

Several months ago I posted about “The Poverty-Creation Industry, so I was fascinated to see Peter Buffett’s (son of Warren Buffett) New York Times Op-Ed on the “The Charitable-Industrial Complex.” Peter starts by discussing the unintended consequences of well intentioned people trying to solve complex problems with out an understanding of the complex...

Business profits are an illusion, based on a slight of hand.

If business stopped externalizing its costs it would stop making money! I’m somewhat obsessed with the concept of “externalities” and its companion concept developed to capture them, “full cost accounting.” “Externalities” are the costs and negative impacts imposed by businesses onto society and the environment that are not paid for by those...

HSBC Funds Suspected Terrorists and Gets a Slap on the Wrist

Have you heard about HSBC’s terrorist funding scandals? How about the many banks involved in LIBOR rigging, essentially playing games our money? If you’re an ordinary person, hearing these things was shocking.  But let me be clear: it’s not shocking that banks have shady deals, what is shocking is the extent to which they were able to commit these crimes...

For-profit Business Innovations impact tropical forest biodiversity

Guest Blog Post by Perzen Patel of Ennovent, a global organization that accelerates innovations for sustainability in low-income markets. Tropical forests are critical global ecosystems. Not only do they represent an incredible wealth of biodiversity, play an important role in storing carbon and help to control various diseases, but tropical forests also...

The Relationship Between NGOs and Big Business

We’ve come a long way from the time when NGO leaders and businesses stood at opposite ends of the spectrum, with little collaboration or compromise.  Now, with the realization that issues are interrelated, that big problems such as climate change, fresh water depletion, natural resource destruction can be solved by partnerships and collaboration, we see NGO...

Fair Trade sales increase rapidly despite economic downturn

The Ethical Consumerism Report 2010 was produced by The Co-operative Group, which has tracked shopping trends in the United Kingdom for more than a decade, found that, “despite the economic downturn, sales of ethical goods and services have remained resilient, going up almost 9% last year from £43bn to £46.8bn. Acting as a barometer of green spending since...