When we think of business, the motto typically has been, "a deal is good if it is best for me." Today, communal entrepreneurs inspire us with a new motto, "A deal is good when it is good for all concerned." Moreover, most business gurus have not used words like "joy" and "generosity" to talk about the bottom line, nor do we typically think of business creating a sustainable global economy. Yet, for increasingly more entrepreneurs, that is just what is happening. For many, these are our new heroes and heroines.

Our New Heroes and Heroines

Trickle Up Poverty

The dictionary defines "hero" as "a someone noted for feats of courage or purpose, especially one who has risked or sacrificed his life." A new kind of hero is emerging. They are not famous politicians or soldiers, yet they have improved the lives of millions of citizen and made the world more secure.

Our New Heroes and Heroines - Socially known company

Their weaponry is not of guns and war, but of creative ideas, dogged determination, and a deep reliance in their power to turn the world. These "social entrepreneurs" are bringing life-changing tools and resources to citizen desperate for solutions. They are the many businesses that are becoming more socially conscious.

For these entrepreneurs, the bottom line is about more than profit, it is also about citizen and the planet. They align business strategy with the goals and values of broader society by focusing on the social, environmental, as well as financial contributions of a company. They help to build communities where employees are happy to work, live, and stay, and thereby build carport businesses and communities.

What are They Doing?

Perhaps the most familiar hero can be seen in the story of the Gameen Bank, one of the most victorious development organizations in the world. Founded by Muhammad Yunus in Bangladesh in 1976, the Gameen Bank has extended small loans for self-employment to more than two million woman villagers and has helped to lift hundreds of thousands out of poverty. The Gameen bank's 'trickle up' coming has inspired the creation of hundreds of "micro-credit" programs around the world and helped to reshape international development policy.

Another example is that of Susan Davis, a marvelous woman in finance; who maintains a down-to-earth candor that resonates caring, authenticity, and concern. She lives in a small town in Wisconsin, and is thrilled at growing an organic vegetable garden. Yet she has created networks among some of the nation's wealthiest families, foundations, women business owners, and socially aware investors. She educates money managers about the win-win opportunities for socially responsible investing while giving them the tools and contacts to do the job. This helps them to create socially aware businesses and practice.

The Big Question: Finance

One of the biggest questions about socially responsible business is: Do socially responsible associates achieve best financially? One of Susan Davis' concerns has been whether this coming is supported by hard research. On this, evidence from meta studies is in: communal and environmental responsibility does go hand in hand with first-rate financial performance.

A meta-study is marvelous by being a study of studies. It covers years of study from a range of perspectives, which lends to its greater authority. A most impressive and rigorous was done by Orlizky of the University of Sydney, Australia, and Frank Schmidt and Sara Rynes at the University of Iowa. What were their findings? A statistically indispensable determined connection in the middle of corporate communal doing and financial performance. It does not take rocket science to understand why socially aware businesses do better. The businesses are centered on values and mission, and employees are more engaged around a purpose, which makes it easier for the firms to handle external change, turbulence,and crisis. It builds reputations and enhances relationships with investors, while attracting best employees and maintaining goodwill. The firms do best and run better. With the current economic crisis, these new communal entrepreneurs help to bring hope to all of us.

Reference: Kelly, Marjorie. Holy Grail found: Absolute definite proof that socially responsible associates achieve best financially. "Business Ethics," Winter 2004, pp.4-5.

Our New Heroes and Heroines - Socially known company

The Federal reserve has cranked up the bubble-machine again, pumping up opportunities as well as risk. In doing so it is on the wrong side of the economic cycle again, as it so often has been in the past, beginning to ease too late to preclude recessions, and then persisting to ease too long after recoveries are underway, creating bubbles.

For example, in 1998, although having already warned of the inflationary risk in the overheated economy and "irrational exuberance" in the stock market, the Greenspan Fed panicked when Asian markets began to collapse. It cut interest rates to hold the U.S. Stock shop up, producing another round of irrational exuberance, and boosting the stock shop up into the 1999 bubble. The Fed did not reverse and begin tightening monetary course until June, 1999, and by then it was too late. The bubble was formed and burst with dire consequences in early 2000.

Trickle Up Poverty

Then, apparently not realizing the stock shop collapse was an strengthen warning of a coming recession, the Fed continued raising interest rates until May, 2000, and did not begin cutting interest rates to preclude a retreat until January, 2001. By then, the 2001 retreat was already upon us.

The Bubble-Machine Is Cranking!

To help pull the economy out of the 2001 retreat the Fed then cut rates a total of 13 times, not stopping until June, 2003, well after the economy was recovering and the 2002-2007 bull shop was well underway. And that failure to get ahead of the curve resulted in the real estate bubble. When it burst, the resulting retreat of 2007-2009 was the worst since the Great Depression, and the 2007-2009 bear shop was the worst since the 1930's.

This time colse to it seems the Fed had it right last spring when it ended its first round of quantitative easing in March, earlier than scheduled. It said low interest rates would be needed "for an extended period", but it was time to begin removing the other immense stimulus efforts of 2008 and 2009. The retreat had ended in June last year and the economic saving was underway.

It stuck with that outlook until August, projecting that economic increase would slow for a integrate of quarters but not into recession, and then begin to grow again in the last half of the year and straight through next year. But in August, when the stock shop was down and economic reports from the summer months were worsening (as the Fed had supposedly expected) it panicked, reversed its bias and promised a second round of quantitative easing "if needed."

When the economic numbers began improving three or four weeks ago, I was sure the Fed would decree the "if needed" conditions had not arrived yet (and might not), and would either postpone the decision on Qe2, or announce a very watered-down token program. I wrote a column three weeks ago titled Is The Fed Sorry It Even Mentioned Qe2?

But no, at its Fomc meeting this week the Fed remained in panic mode and announced an aggressive schedule in which it will pour roughly 0 billion a month of supplementary liquidity into the financial law until next June.

I believe part of the Fed's problem is allowing itself to be influenced by the complaints from Main street and Washington regarding the high level of unemployment, and that the economic saving is not creating jobs fast enough. The Fed singled out the persisting high unemployment as a major guess more easing is needed.

But no ifs ands or buts the Fed knows that employment is a lagging indicator, and using it as a prominent indicator for its policies is roughly sure to have it on the wrong side of the cycle. Employers don't begin hiring more workers to any degree until the economy has already recovered significantly enough that they can no longer keep up with increasing enterprise by giving current workers more hours, and hiring part-time help.

The Fed has apparently ignored up-to-date jumps in the Ism Mfg Index, Ism Non-Mfg Index (service sector), retail sales, durable goods orders, and the like, which indicated even the point in the saving may be near where the employment situation improves.

That seemed to also be indicated on Friday by the Labor Department's latest monthly employment report. It was that 151,000 new jobs were created in October, the top estimate since May, more than duplicate the forecasts of 70,000 that economists expected. And the previously reported numbers for August and September were revised to show 103,000 more jobs were created over those two months than previously reported.

The evidence that the Fed is again behind the curve could hardly be clearer.

So at this point, the supplementary liquidity the Fed has decided to pump into the financial law will no ifs ands or buts go toward persisting the Fed's history of creating bubbles.

Picking the location of those bubbles will probably be very profitable over the next year or two. The preliminary betting is that they'll be in commodities and emerging markets, and that bond prices will tumble. Other possibilities will also emerge. It's bubble-detecting time!

The Bubble-Machine Is Cranking!

If you've been led to believe, and continue to believe that it is not possible, free from the grip of the city work, you have confused very sad. homemade energy will be the new wave of the future. Must be for us to survive on this beautiful land, with so quickly exhausted its natural resources.

Big Business and government (which is also a big business) have long been guilty of it were the importance of being less dependentOil, coal and natural gas for our energy. Of course I would say that they feel those resulting from the excess income generated by these companies. Since the fifties, some forward-thinking scientists and inventors began revealing electric cars, wind turbines, and many other simple energy solutions. Our government intervened and stopped the mass market of this invention or refuse patents for the developer, which plans and useless projects. No one was willingto the mass market without compromising the security of a patent to protect their interests. And with the government against the entire alternative energy sector, these plans were put on ice.

Trickle Up Poverty

Now is the point that many Americans will have to change their beliefs and lifestyles to be able to survive comfortably in the near future. These ideas, which had pushed into the room for so long are now a comeback. With crude oil with more than 38% of our naturalEnergy consumption in the United States alone, it's no wonder the price of oil continues to rise! Combine that with coal 23% and 22% use natural gas is "the world's natural resources faster than they spent to establish new methods of energy production. Solar and wind energy combined account for only about 2% of our total energy consumption. And these resources are renewable!

Homemade Energy for the Future

So what's the answer? Renewable energy sources. home made energy. Even without taking into account theFactor of global warming caused by burning fossil fuels, we're on a path of destruction. Now is the time to understand better how to adapt your energy needs with the earth's capacity to provide. Clean, free, pollution-free solar energy and wind power are the answer. And if you think it is too expensive - to prove that what happens when we begin to think like the world's inhabitants do not, change our habits and excesses. In the near future there will be no need to worry about our energy.Our home-made energy for the future this may be just what doctor ordered for the third power of the sun Rock!
Homemade Energy for the Future

In the 21st Century, currently existing world financial system run by the United States and most developed nations (including China) and is supported by the Parish Club, WTO, IMF and World Bank have their concepts to capture the recent developments in chronically debt to change the world, in which for some countries and market such as China and India, most of the other more developed economies like U.S. and UK, in developing countries such as Spain, Portugal and Greece, and undevelopedCountries such as Bulgaria, Romania and many South American countries, Asian and African countries are heavily indebted or very poorly developed. A system of central banks is necessary for the overall "demand-driven to provide" balance by the possibility of issue of capital controls instead of the current global financial system that performs more like a "provider".

There are many indications that the process of a lack of current financial year for many countries can not be reversed with the current economy of production have beenBase "at the bottom" trickle-capitalism, industry production is based, because usually the industrial production based on this market adds the highest percentage of each country GDP (gross domestic product General) and the resulting tax free reserves for a country or a country need to develop the final to industrialize the production of sound, or a developed country as it should be preserved to maintain competitiveness in the global industrial production maintains its deficit.The globalization of the market led by large cap and productivity growth are the economies of China and India is now strengthening industrialize early, added that industrial power crucial for today's industrialized economies of Japan, Germany, the ability of United States on how the global production capacity of industry to a large concentration of industrial production in developed countries is very low. The possibility of other smalleven the big countries to become competitive in industrial production and the maintenance of its fiscal policy and reserves are declining stroke.

Trickle Up Poverty

According to most industrialized countries, the United States is particularly vulnerable in this new global developments of the ongoing exodus of industrial production and investment in the Far East. Capitalism in the U.S. economy is very clumsy in the distribution and redistribution of activities such as talking about the "demand side" of capitalism links the "supply" and the workseven in a tight market in the size of the U.S. market, "as the first capital trickle-down" Trickle - up ", to concentrate the wealth, then" down "to create the industrial production, but as if this" trickle-down "market U.S., but elsewhere the lack of use can not be avoided by following the road does not properly balance "request-to-supply" in order to avoid the economic capital of the emergency system of the U.S. government steps in with the infusion of: exactlywhat happened in the last recession in 2007-2009.

21st Century global financial system of market economy

Even at the time of the decline in ROI (Return on Investment), in particular for SMEs (Small and Medium Enterprises) and SMI (Small and Medium Business Investor), at the time of government policy to promote and condone large Pro Big Business investors and deregulated trickle - down "Capitalism, most of which were the only ones to benefit from the ongoing globalization, the opportunities in these times of economic emergence of bubbles arequite common. The stock market bubble in 1999 and 2007 Great Recession ordered products are inadequate distribution of wealth. becomes clear that the government saves in situations like this in action stage by infusing capital distribution and individual companies in a hurry and social health sector reform, financial reform, tax reform and U.S. SMEs are good examples of how the system works in difficulty, although the effects are seen. It 'hard to believe that theU.S. government could never manage the economy and create jobs. In the next recession, the government is recalling more specific function in the financing and business, which is usually a scary proposition, as inflexible and could not be a government.

The pollution and depletion of land resources under the current economic production for the industrial production is mainly based inevitable, because even if the more developed industrial countries could be introduced, andfollow to protect the environment or developing nations like China and India follow the policy, which is much doubt there are many countries seek to industry, the environmental protection fund to manage their own budget constraints to affect the rules so they can make their production. In the world of the most ROI from industrial production, prices of environmental technology companies have difficulties in competing with others who do notImplement this. Pollution also comes from cutting and burning forests to farm or coal for heating, or driving old cars, or dispose of sewage in the rivers open. So to speak, without global poverty can not be on the curb to curb pollution on the media. But the industrialization of the sidewalk on poverty can not be used for industrial production, then the chances of saving the world from environmental disaster caused by very unequal.

To avoid accidents cheaperand to avoid disruption, the government to take, if the next recession, poverty, and to avoid shortages and budget deficits in order to avoid unemployment, environmental destruction, a new system of economy is necessary, the industrialized countries will be to develop without it.

E 'possible without the continued development of global production is based management of the economic system?
Well, the last of the United States and all governments of the infusion of monetary variables, business involvementand the social distribution of wealth is not based on production economics. Chinese approaches to deal with the economic production is not only based economy: their interference in a "trickle-down" of capital works in the market do not follow capitalism, but is more like artificial "flexible use" of economic "tools" . Saving Greece from the EU and the IMF does not "trickle down" economics, is an encroachment on the powers of capitalism. There are many moreExamples of how governments and corporations free flowing and therefore interfere with the "artificial" methods of economics.

Right now accumulated shock mounting debt from nearly every country in the world, and economists predict impending failure and doom (there was a proposal by some German politicians for Greece to sell some of the Greek islands, but it means it has been used to help Greece). Although economists should only be struck by a high imbalance"Demand-to-care" conditions, the imbalance caused inflation and deflation, so it should be the main concern of global financial institutions are those fights deficit and debt: this institution, as mentioned above trade more as a "lender "and" responsible "should be this one. If the market is global in its dimension seen as a common market, an industrialization of mass should be expected and can not be achieved. Sun balance "request-to-supply"Condition monetary policy, instead of industrialization throughout the world. Global monetary policy flexible currency amounts in Global Financial Institutions Fund Tools Economic, financial and business regulations, improving business "security" means "the road to Rome" only.

Less government involvement in business, more business laws and regulations on business customers, business and the size of the project, intellectual property "laws, risk managementlaw of personal responsibility, etc., these supplements appropriate monetary policy, because this "regulation" of SME and SMI is "safety" and that this increase will be funded more adequately.

low-interest loans and economic aid are "tools" to be used by a global financial system in promoting the environment, renewable energy and agriculture, ecotourism and sustainable growth. This new financial system, commercial banksInvestment projects in countries on the basis of the matrix and low margins.

joshua.konov @ gmail.com

© Joshua Konov, 2010

21st Century global financial system of market economy