M.B.A.s Seek Social Change [aka Soft Socialism Funded By Taxpayer Dollars]

Wall St. J ^ | October 15, 2009

[Steelfish]

OCTOBER 15, 2009 M.B.A.s Seek Social Change Enterprises With a Cause Gain Ground on Campus

DIANA MIDDLETON

During his M.B.A. studies at University of California at Berkeley, Jeff Denby told everyone his ultimate career goal: to start an underwear company.

Soon, professors and classmates at the Haas School of Business began to call him "the underwear guy."

But Mr. Denby—who had formerly worked in industrial design and went to business school interested in supply-chain management—decided early in his program that he wanted to create a company that was about more than just boxers or briefs. In his view, it was critical to create a product that was environmentally friendly and sustainable—and whose sales could help support good causes.

This type of social entrepreneurship – that is, building a for-profit company with a social conscious or linked with a social cause – is becoming increasingly attractive to would-be business founders. The idea is to make money while either directly impacting consumers with its services or funneling a portion of profits to charities.

Often, these companies employ people or source resources from economically depressed areas of the world that then also benefit from the charitable donations from the profits.

[Albion Wilde]

When Christians go to economically depressed areas and share water systems, farming techniques and the like and then share the gospel that taught them to love their neighbor and help the poor, that is “cultural imperialism.” But when MBAs make a profit by using cheap labor in other countries under the label of “social justice”, that’s OK.

[The Comedian]

Just make sure you keep total income under $250,000 $200,000 per year, genius, or you won't have anything left to put in the begging bowls of your local peasants.

Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

[Steelfish]

Extremely well said!

[Buckeye McFrog]

would YOU put your business in the hands of an MBA who’s been trained that his primary duty is to bring about social change?

[jimt]

MBA =

Master
Bullsh!t
Artist

I've seen them ruin many a good company. That they've morphed into social engineers (now there's an oxymoron) is no big surprise.