logoI love the title of this award that was kindly bestowed by Fast Company and the Monitor Group on the PeaceWorks Foundation among "43 Entrepreneurs Who Are Changing the World."  Their description:

The amazing organizations that received the Fast Company/Monitor Group Social Capitalist Awards have found a better way to do good: They’re using the disciplines of the corporate world to tackle daunting social problems. In our fourth exclusive ranking, we used a similarly hard-nosed approach to find the 43 best social entrepreneurs.

What appeals to me about this award in particular is the increasing attention being paid to groups committed to use market tools and techniques to try to make this a better world. I am a committed capitalist, but not a day goes by that I don’t scratch my head troubled by the problems of rampant consumerism, environmental degradation, corporate abuse, and many other externalities that can only be managed by more conscientious consumers and business leaders.

Along the lines of the term "enlightened self-interest" which we coined to highlight the imperative of citizens thinking long-term and holistically when they think about their political interests, a "Social Capitalist" should not be just the 43 awardees, but all who recognize the incredible but blunt power of capitalism, and find ways to channel that power to ensure we are also building a better world along the way.

Here is the profile on the PeaceWorks Foundation by Fast Company/The Monitor Group.

We are very appreciative to them for their recognition and support – which really help energize us.

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  1. Abu said:

    wow, that’s a lot of stuff to have to learn I see why most folks don’t step foot into starting their own beusnsis, its a lot of work

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