Social responsibility is economic development?

Question

Can anyone help me with that debate motion? What can I elaborate on it? I really appreciate your help. Thanks!

Answer 1

I don't fully understand the question, but I'll try my best to answer.
Economic development can be measured in many ways: GDP per capita, HDI, basic needs, etc.

If you talk about GDP per capita, then, no, economic development does not necessarily entail social responsibility. In this case, a greater output in the overall economy results in higher GDP per capita, regardless of how socially responsible the means to achieve higher growth were.

If you talk about HDI (Human Development Index), you are talking about an index that takes into account income, health and education. So, to achieve a higher HDI, you do not only need higher rates of growth (which can be achieved without social responsibility), but also some social investment (to improve health and education). So, if you mean development as in HDI, some social responsibility is in order.

In order to elaborate further on these notions, it would be advisable to find the shortcomings of both HDI and GDP/capita and follow a bit on what you can read above.

Hope this answers your question.

Answer 2

change the first word to financial