Showing 2 articles
Capitalism and Socialism in Plato’s Republic
Author: Gilad SommerJune 24, 2023
Capitalism and Socialism are commonly portrayed as two contrasting approaches to the distribution of resources within a society. In very simple terms, Capitalism advocates for the freedom of economic activity and individual ownership of property, while Socialism promotes regulated economic activity, and communal ownership of property. Based on these basic definitions, one can understand why [...]
Social business, a new way to end poverty
Author: James Chan-LeeAugust 16, 2017
Not withstanding decades of foreign aid, in 2016 1.2 billion persons still suffered from hunger, privation and ignorance. To escape the trap of ‘dead aid’, Muhammad Yunus (Nobel Peace Prize 2006) and other idealists have created ‘social enterprises’ to help the poor escape poverty through dignity, social solidarity and fraternity. Despite the teachings of Plato [...]