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Date: 2024-12-09 Page is: DBtxt001.php txt00002430 |
Food, Society and Economy |
COMMENTARY
The truevalueadd is a metric that includes the value arising from improvement in quality of life and the productivity and potential of society. It is a people centric, family centroc and community centric measure rather than being a measure of organizational performance and money profit production for investors. The goal of a capitalist market system based on a truevalueadd metric is to reward investors based on the improvement to society that is being achieved. This is essentially the message that was contained in much of the work of G. K. Prahalad who noted that it was not shortage of goods in the market that was the probelm in poor countries but lack of buying power from poor people with no money. Government cannor solve this problem, but a modest reform of the capitalist market system probably can.
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101 East ... The Republic Of Hunger |
AlJazeera English ... 101 East
Last Modified: 11 May 2012 19:18 |
The text being discussed is available at http://www.aljazeera.com/programmes/101east/2012/05/201251010473237279.html |
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