Democratic Capitalism and Philanthropy in a Global Economy

Sameeksha Desai and Zoltan Acs
Additional contact information
Sameeksha Desai: The George Mason University

Chapter 11 in Public Policy in an Entrepreneurial Economy, 2008, pp 281-293 from Springer

Abstract: Abstract When the market creates social problems, non-market solutions may alter or equalize them. The response to social problems in many countries has been through legislative, regulatory or other government action. In many countries in the developing world, state solutions are crippled by poor funding resources for social issues, lack of technical ability to achieve adequate solutions, and in some cases, lack of government legitimacy. Given this, the ideal solutions for social problems must come from non-market and non-state sources. We argue that philanthropy, a social innovation born in the United States, has great potential to work in other countries.

Keywords: Social Problem; Social Innovation; Rockefeller Foundation; Melinda Gate Foundation; Small Business Economic (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Democratic Capitalism and Philanthropy in a Global Economy (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-0-387-72663-2_11

Ordering information: This item can be ordered from
http://www.springer.com/9780387726632

DOI: 10.1007/978-0-387-72663-2_11

Access Statistics for this chapter

More chapters in International Studies in Entrepreneurship from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().