English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

role of business paly in reducing poverty.
moral obligation of individual and society in reducing poverty?

2007-01-24 14:30:40 · 3 answers · asked by Anonymous in Social Science Economics

3 answers

If you accept that there is natural law (aka dharma) operating below the surface in this world, yes there is a moral obligation on us all to do what we can for the wellbeing of others. The rich are obviously the people who are best placed to help financially.

Business is another matter. Business is in principle doing much more good for the poor if it makes money successfully and responds to the market. But business also is wise to follow basic natural law of right and wrong.

2007-01-27 04:12:45 · answer #1 · answered by MBK 7 · 0 0

As an individual, my obligation is to give what I can give.
But I'm also obligated to make known the difference
between charity and oppression.

Society is only a name of a group of people, several individual
people. There is no possible way I can know what each of
these individuals are obligated to do or not to do.
A minimum reasonable standard of civil behaviour is about
all I hope for.
A business owner has a right to be charitable. If he feels he
ought to do something to reduce poverty, he may do what's
in his power for it.
But no one has any right to force that business owner to be
charitable. I know that I don't.
I can only be charitable with what belongs to me.
I have no right to be charitable with someone else's monry.
I have no right to decide what any body else is obligated to do.

2007-01-24 14:52:38 · answer #2 · answered by Bubba 2 · 0 0

business got no role - it's goal is to earn money for individuals who invest their saving into the businesses.

Obligation of individual is to earn money, part of which they pay as taxes to government or donate to charities.

Obligation of society is to provide education to people who can work, and social security to those who can't. These can be achieved through charities or government.

It is also important to understand that equal opportunity does not mean equal outcome (individual's ability and effort make the difference). So there always will be people with income in bottom 10%. Poverty reduction just means those in bottom 10% are not starving and have home/clothes.

2007-01-24 14:35:37 · answer #3 · answered by Anonymous · 0 0

fedest.com, questions and answers