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about how business contributes to society. Good firms bring innovation to the marketplace, which facilitates their growth … while delivering important benefits to society. Steady economic growth generated through innovation plays a major role in … goods and services to consumers, particularly those at the base of the pyramid. Through innovation and growth firms can do …
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Ever since the dire predictions of The Limits to Growth (Meadows & al. 1972) failed to come true on time, it's been all too easy to ridicule environmentally-based arguments against economic growth as pessimistic and "Malthusian." In contrast, this paper accepts, for the sake of argument, the...
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As history, institutions, social and political forces specific to any economy have a profound effect on that economy's dynamics, it is important to understand how these have evolved with the development of capitalism. The classical economists analysed economies with labour surpluses, which kept...
Persistent link: https://www.econbiz.de/10013112477
From a broad philosophical framework, this paper addresses the relation between freedom and economic performance. It argues for the thesis that, although a liberal system does not guarantee absolute harmony, is the only "convenient" and morally valid for a modern society. The core of this...
Persistent link: https://www.econbiz.de/10014170674
The growth surge produced by East Asian newly industrialised nations since 1970s has been a central theme of research and debate amongst many social scientists and policy makers. From an “institutionalist” perspective, the idea of “development state” was theorised to explain this “East...
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