Jul 25

by Miriam Garvi

When I was writing my dissertation just a few years ago about the world of venture capital and the financing of entrepreneurial ventures, it was a challenge to find a terminology that would adequately convey the purpose of a particular enterprise beyond the doctrine of profit maximization.

Today, however, this has changed. Yesterday’s oxymorons have become politically correct, and terms like non-profit companies and for-profit philanthropy reflect the on-going upgrade of concepts ascribing a sense of common good to the narrowly-focused, profit-seeking objective that has dominated our view of companies and corporations for far too long. Hybrid terms such as the «for-benefit enterprise» are promoted as examples of how capitalistic interests will merge with the idealistic into a harmonious compromise as long as everyone stands to gain from the alliance.

But behind the plethora of upgraded labels, what is actually changing? Bill Gates proposed a win-win scenario for all through the Gates foundation. Does this mean that he has left his strong-arm tactics behind, or has he simply found a way of practicing technology dumping on future markets in a form that is socially acceptable to the global community?

Many will say that we should settle for an upgraded version of capitalism that will allow for the continued pursuit of wealth and growth, where the costs incurred in that process are affordable to our conscience. A system of compromise that we can live with, and yet remaining the major beneficiary of it all.

But what legacy is it to leave behind, if all we do is minimize the damage of our lifestyle having realized that it is not sustainable?

A compromising alliance between selfishness and philanthropy is not what will bring our world meaningful progress and prosperity. Nor is the enticing language that offers what it does not deliver a satisfactory answer. It is time to raise the stakes and start aiming for visionary initiatives, where unlike the hybrids, the purpose is crystal-clear: fulfilment that will truly benefit mankind.

May 12

by Miriam Garvi

The past century has seen the rise of large organizational structures. For years now we have let ourselves be impressed by the resources and market dominance of mammoth organizations, be they Monsanto, the UN, or even the Red Cross.

Multinationals, global corporations and various institutions are swallowing huge amounts of resources, but what are they giving in return? Many of us invest most of our working lives in anonymous structures which have become powerful instruments in building a great distance between the real centers of decision-making and the realities of those who are living their consequences - including clients, employees and society.

People suffocating in this alienating process are unable to see the meaning of what they are doing, and are left at the mercy of the re-organizing whims of those in power looking to earn the approval of financial markets.

This greatest inefficiency of our time is slowly but surely snuffing out the joy of working and every little flame of creative potential within us.

Making structures even more rigid with the help of supra-national regulation is not the answer for our times. Nor does size give the strength that enables the astonishing. Creative and purposeful contribution can only be stimulated when people are free to see the meaning of it all.

Time has come for a new era:
Smallness in size, greatness in meaning.