When Helping Hurts and Business Helps

via Forbes
August 9th, 2013

While Hollywood continues to demonize its favorite whipping boy, the greedy business leader, the world is crying for jobs that only business can create. In this eye-opening Forbes interview with Hope International’s Peter Greer, he talks about the dangers of continued financial aid, both to the giver and the recipient, and how establishing small businesses can change lives. While there is more to reversing poverty in the Third World than the availability of capital to small entrepreneurs, Greer surfaces some important issues to consider including the dangers of paternalism and loss of human dignity that often come with financial gifts.

Channel(s): Community Impact