Tags » Michael Porter

Towards a better capitalism: how can business reduce poverty?

One possible definition of business – borrowing the Marx-infused jargon of the early-twentieth-century Left – is the process by which labour is transformed into capital. Poverty, defined in similar terms, is a result of the fact that capital is less equally distributed than is the capacity for labour. 2,403 more words

Politics

Sliding down South Africa’s slippery roads of competitiveness

In October 2014, South Africa was downgraded in the World Economic Forum’s (WEF) 2014 Global Competitiveness Index, particularly due to poor worker-employer relations and weak economic growth performance.  950 more words

International Monetary Relations