Business Involvement in the Community: Counting the Spoons or Economic Renewal?
‘Business should view the improvement of social and economic conditions in the communities in which they operate as a goal tied so closely to their bottom line interests that it requires direct and effective action. This means going beyond traditional corporate philanthropy, it means more effective involvement by the corporation (Byers, 1980: 52). The surge in business interest in local economic renewal has been dramatic but what does it mean? Is it a response to the apparent social disintegration brought on by the end of the post war boom and the political threat posed by those groups and areas with what appear to be intractable social problems? Is it an attempt to reduce the influence of the state and to demonstrate an alternative to the mixed economy and social democracy?
KeywordsSmall Firm Welfare State Credit Union Social Entrepreneur Corporate Philanthropy
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