Isn't George Bush a servant of the people? Is he an entrepreneur also?
***Most people do not have the skills, vision, creativity, and persistence to
be true entrepreneurs. Even in developed countries with high levels of
education and infrastructure, about 90 per cent of the labour force are
employees rather than entrepreneurs.
Even with greater availability of financial services in developed countries,
only a small fraction has used credit for entrepreneurial purposes. Most
clients of microcredit are not microentrepreneurs by choice and would gladly
take a factory job at reasonable wages if possible.
We should not romanticise the idea of the "poor as entrepreneurs". The
International Labour Organisation uses a more appropriate term: "own account
workers".
umesh sharma <[EMAIL PROTECTED]> wrote:
It is like saying there was everything wrong with non-violence. It had
never worked in the past - but Gandhi had the foresight to see that in the
modern world of communications and mass media - non violence has become a
potent force of social revolutions. All previous revolutions had been violent
(incl French , English,American and Russian revolutions).
Micro-credit is like Venture capital -- a concept yet alien to Indian
business but thriving in US etc -- it needs a change in psyche.
Perhaps Nobel prize givers were fools -- they should have given one to Laloo
Yadav - who eats up the fodder meant for cows - no money to give - no head ache
. No debate.
Gandhi was no Univ professor or intellectual (as someone had pointed out) but
achieved lot more than hundred of intellectuals -despite his seemingly
impractical idea of non violence .
Umesh
[EMAIL PROTECTED] wrote:
In a message dated 24/11/2006 03:06:01 GMT Standard Time, [EMAIL
PROTECTED] writes:
http://ia.rediff.com/money/2006/nov/23guest.htm?q=tp&file=.htm
I knew something was wrong with microcredit. Now, Abhijut Banerjee deserves
the kudos!
Perhaps one can get away with microcredit; it is not the solution to world
poverty. We need entrepreners of the type Abhijit recommends
Bhuban
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Umesh Sharma
5121 Lackawanna ST
College Park,
(Washington D.C. Metro Region)
MD 20740
1-202-215-4328 [Cell Phone]
Ed.M. - International Education Policy
Harvard Graduate School of Education,
Harvard University,
Class of 2005
weblog: http://jaipurschool.bihu.in/
website: www.gse.harvard.edu/iep
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