How is the global financial crisis affecting social business activities?
The global financial crisis is affecting us in a positive way because people feel that profit-maximizing businesses are not the only solution to our global challenges. The confidence people have in market mechanisms–in the free market with maximization of profit–has been damaged. In that context, when people are full of doubts and frustration, when you talk about social business, it suddenly makes sense to them. We can use our talent and creativity to establish social businesses to solve the world’s problems.
