Entrepreneurs Improving the World
Send quections and suggestions. We offer help with business and projects.
If you want the TRUTH
Entrepreneurs Improving the World
Send quections and suggestions. We offer help with business and projects.
If you want the TRUTH
Social-Capitalism as a theory challenges the idea that Socialism and Capitalism are mutually exclusive. Social-Capitalism posits that a strong social support network for the poor enhances capital output. By decreasing poverty, capital market participation is enlarged.
Social-Capitalism divides the concept of economy into two tiers: A participatory group of society working functionally in an upper economy (Tier-One) and an underlying economy of dependent poor communities and criminal elements(Tier-Two). Tier-One generally comprises the upper and middle classes while Tier-Two represents many low wage workers, impoverished persons, mentally ill and criminals. Social capitalism posits that providing Tier-Two with the means to participate in the market would discourage Tier Two from completely dropping out of the system, hence, causing major disruptions to the market. A larger and more inclusive market is a more efficient and more stable market.
"Social Capitalism" is not related to the idea of "social capital" as popularized by Robert Putnam and James Coleman.