Entrepreneurial solutions to poverty rooted in the creative capacity of the human person.
Delighted to be here with so many people that share our mission - Don’t need to convince you that aid and donations are not the solution.But today I would like to share a side of the argument that you normally don’t hear of. I would like to make 3 points: The first is related to the foundations of entrepreneurshipMissing MiddleCreative capacity of the human person
Everybody talks about entrepreneurship but few people talk about the foundation that allows entrepreneurs to develop. A key differentiator for PC – institutions. No single short term solution. Complex.Weary of campaigns that promise to end poverty by simply transferring funds.Rule of law - Higher correlation between rule of law and development than between democracy and developmentProperty rights- The real state held but not legally owned by the poor of the Third World and former communist nations is at least $ 9.3 trillion.
Sometimes we think of entrepreneurs in dev countries and the image that comes to mind is a lady in the market. Microfinance is a good start but…
What we see in developing countries...Missing middle.
Need SME’s - Last trip to Haiti – Alex – ENERSA. Social enterprises should work on a partnership model.
Entrepreneurship recognizes the creative potential of each human being made in the image and likeness of God. Zero sum fallacy. If we lose sight of that creative capacity we fall into the trap of seeing people as burdens.
Poverty cure at peak freedom forum 5.12.12
Foundations of Entrepreneurship Private Rule Property of Law Free Free Association Exchange Families & Civil society Communities Churches A Culture of Trust