Europe’s model of social market economy as a concept for global peace
SPES Conference Spiritually in Economics and Society edition:4 location:Leuven date:21-22/09/2007
Prahalad and Hart’s (2002) idea of the: ‘Bottom of the Pyramid’ (BOP) could be read as an instrument for peace or as property, i.e. another way to take money from consumers, in this case the poorest of them all. The paper will reflect on the idea of inclusive capitalism, i.e. letting in poor people. It will build on historical examples like genuine enterprises and cooperatives. Indeed, the only way the poor have ever been helped in the history of mankind, is by the poor themselves helping each other. The way these organisations were managed will guide our concepts of entrepreneurs and entrepreneurs. The former takes from the other while the latter is with the other. Question remains whether BOP will be taken up by an entrepreneur or an entrepreneur.