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Is your social enterprise a force for good or a parasite? | TO Molefe | TEDxJohannesburgSalon


I need to tell you a story I’m getting

I need to tell you a story I’m getting older and as I’m aging I’m realizing

older and as I’m aging I’m realizing

older and as I’m aging I’m realizing then I’m becoming more and more like my

then I’m becoming more and more like my

then I’m becoming more and more like my dad dr. Melissa an academic of sorts

dad dr. Melissa an academic of sorts

dad dr. Melissa an academic of sorts when he tell stories he rambles on and

when he tell stories he rambles on and

when he tell stories he rambles on and on and on and on before getting into his

on and on and on before getting into his

on and on and on before getting into his actual point and as I get older I’m

actual point and as I get older I’m

actual point and as I get older I’m learning to actually you know take a

learning to actually you know take a

learning to actually you know take a moment to just be patient to listen and

moment to just be patient to listen and

moment to just be patient to listen and appreciate and I’m finding that at the

appreciate and I’m finding that at the

appreciate and I’m finding that at the end he’s got a really good point a

end he’s got a really good point a

end he’s got a really good point a thoughtful poignant point so here is my

thoughtful poignant point so here is my

thoughtful poignant point so here is my long and rambling story I am by training

long and rambling story I am by training

long and rambling story I am by training a childhood content / auditor but by

a childhood content / auditor but by

a childhood content / auditor but by profession a writer these two might seem

profession a writer these two might seem

profession a writer these two might seem you know worlds apart writing and

you know worlds apart writing and

you know worlds apart writing and accounting but they really aren’t

accounting but they really aren’t

accounting but they really aren’t accounting traces its origins to miss

accounting traces its origins to miss

accounting traces its origins to miss Abbott Omiya with the discovery of

Abbott Omiya with the discovery of

Abbott Omiya with the discovery of mathematics but the work of an

mathematics but the work of an

mathematics but the work of an accountant as we know it today came into

accountant as we know it today came into

accountant as we know it today came into its own in feudal societies with hours a

its own in feudal societies with hours a

its own in feudal societies with hours a person designated the task of

person designated the task of

person designated the task of calculating and reporting to the feudal

calculating and reporting to the feudal

calculating and reporting to the feudal lord how much in labor and tribute his

lord how much in labor and tribute his

lord how much in labor and tribute his vessels had extracted from the serfs on

vessels had extracted from the serfs on

vessels had extracted from the serfs on the on his land and of course patents

the on his land and of course patents

the on his land and of course patents and Lords the Lords covers this person

and Lords the Lords covers this person

and Lords the Lords covers this person would report the news facts and figures

would report the news facts and figures

would report the news facts and figures gathered to his audience being the lord

gathered to his audience being the lord

gathered to his audience being the lord of the lands and would empower him to

of the lands and would empower him to

of the lands and would empower him to make decisions much like reporters at

make decisions much like reporters at

make decisions much like reporters at newspapers do don’t you think not much

newspapers do don’t you think not much

newspapers do don’t you think not much has changed in the intervening years

has changed in the intervening years

has changed in the intervening years accounting became professional lives and

accounting became professional lives and

accounting became professional lives and accountants especially auditors still

accountants especially auditors still

accountants especially auditors still report to the owners of capital like

report to the owners of capital like

report to the owners of capital like land – in our capitalist society

land – in our capitalist society

land – in our capitalist society shareholders what I’m saying though is

shareholders what I’m saying though is

shareholders what I’m saying though is that accounting isn’t contrary to

that accounting isn’t contrary to

that accounting isn’t contrary to popular belief

popular belief

popular belief crunching numbers it is about finding

crunching numbers it is about finding

crunching numbers it is about finding and telling the story behind the numbers

and telling the story behind the numbers

and telling the story behind the numbers I still use the knowledge and techniques

I still use the knowledge and techniques

I still use the knowledge and techniques I learned in my practice when I write

I learned in my practice when I write

I learned in my practice when I write today I conduct and transcribe

today I conduct and transcribe

today I conduct and transcribe interviews I examine evidence laws

interviews I examine evidence laws

interviews I examine evidence laws policies and regulations I factor in the

policies and regulations I factor in the

policies and regulations I factor in the effects of culture and systems of

effects of culture and systems of

effects of culture and systems of control obvious now at a societal rather

control obvious now at a societal rather

control obvious now at a societal rather than in an organizational level I pour

than in an organizational level I pour

than in an organizational level I pour over data and research and yes much to

over data and research and yes much to

over data and research and yes much to my chagrin I still even crunch numbers

my chagrin I still even crunch numbers

my chagrin I still even crunch numbers most of all I write at the end a story a

most of all I write at the end a story a

most of all I write at the end a story a report that informs my audience the

report that informs my audience the

report that informs my audience the difference being that my audience now is

difference being that my audience now is

difference being that my audience now is society at large rather than

society at large rather than

society at large rather than shareholders the readers of publications

shareholders the readers of publications

shareholders the readers of publications when my writing has appeared such as the

when my writing has appeared such as the

when my writing has appeared such as the New York Times City press and most

New York Times City press and most

New York Times City press and most recently Marin Guardian this background

recently Marin Guardian this background

recently Marin Guardian this background gives me a view of our society from two

gives me a view of our society from two

gives me a view of our society from two perspectives one as a reporter to

perspectives one as a reporter to

perspectives one as a reporter to shareholders and another as a reporter

shareholders and another as a reporter

shareholders and another as a reporter to society at large from this vantage

to society at large from this vantage

to society at large from this vantage point one thing has become clear to me

point one thing has become clear to me

point one thing has become clear to me capitalism like feudalism like sexism is

capitalism like feudalism like sexism is

capitalism like feudalism like sexism is a system of distributing power in

a system of distributing power in

a system of distributing power in society power to make decisions and give

society power to make decisions and give

society power to make decisions and give effect to them power to influence and

effect to them power to influence and

effect to them power to influence and control the use of resources and the

control the use of resources and the

control the use of resources and the lives of people power to influence

lives of people power to influence

lives of people power to influence policy making and laws and just like the

policy making and laws and just like the

policy making and laws and just like the other two you capitalism is inherently

other two you capitalism is inherently

other two you capitalism is inherently unjust because it distributes power and

unjust because it distributes power and

unjust because it distributes power and equally or an unfair and hereditary

equally or an unfair and hereditary

equally or an unfair and hereditary basis however instead of unfairly

basis however instead of unfairly

basis however instead of unfairly skewing power in favor of Lords as

skewing power in favor of Lords as

skewing power in favor of Lords as feudalism did or men as sexism does

feudalism did or men as sexism does

feudalism did or men as sexism does capitalism skews power in favor of

capitalism skews power in favor of

capitalism skews power in favor of shareholders and not just any

shareholders and not just any

shareholders and not just any shareholders those with inertia share

shareholders those with inertia share

shareholders those with inertia share capital to influence or control the

capital to influence or control the

capital to influence or control the decisions of the company many they I say

decisions of the company many they I say

decisions of the company many they I say most of these shareholders

most of these shareholders

most of these shareholders the ones towards whom capitalism skews

the ones towards whom capitalism skews

the ones towards whom capitalism skews power and fairly and equally did not

power and fairly and equally did not

power and fairly and equally did not come into their wealth through their own

come into their wealth through their own

come into their wealth through their own labor most inherited it or a strata did

labor most inherited it or a strata did

labor most inherited it or a strata did through exploitation exploitation of

through exploitation exploitation of

through exploitation exploitation of people and the exploitation of the

people and the exploitation of the

people and the exploitation of the environment that’s I say the odd size

environment that’s I say the odd size

environment that’s I say the odd size power capitalism gives them is unfair

power capitalism gives them is unfair

power capitalism gives them is unfair and is passed on from one generation to

and is passed on from one generation to

and is passed on from one generation to the next

the next

the next through inheritances and isn’t earned

through inheritances and isn’t earned

through inheritances and isn’t earned through hard work in accounting these

through hard work in accounting these

through hard work in accounting these shareholders are easy to identify in

shareholders are easy to identify in

shareholders are easy to identify in fact identifying them is a part of the

fact identifying them is a part of the

fact identifying them is a part of the job a shareholder is said to exert

job a shareholder is said to exert

job a shareholder is said to exert significant influence over company when

significant influence over company when

significant influence over company when they hold at least 20% of the shake of

they hold at least 20% of the shake of

they hold at least 20% of the shake of the share capital if they hold over 50%

the share capital if they hold over 50%

the share capital if they hold over 50% they are in control they are in control

they are in control they are in control

they are in control they are in control the company’s management and its board

the company’s management and its board

the company’s management and its board of directors now relax

of directors now relax

of directors now relax despite what you’ve heard so far I’m not

despite what you’ve heard so far I’m not

despite what you’ve heard so far I’m not actually here to deliver a screed

actually here to deliver a screed

actually here to deliver a screed against capitalism oh you know I’m quite

against capitalism oh you know I’m quite

against capitalism oh you know I’m quite happy to do that to you I’m here to

happy to do that to you I’m here to

happy to do that to you I’m here to point out that many of the ills that

point out that many of the ills that

point out that many of the ills that social enterprises seek to address are

social enterprises seek to address are

social enterprises seek to address are the result of decisions being made by

the result of decisions being made by

the result of decisions being made by shareholders especially those who

shareholders especially those who

shareholders especially those who exercise significant influence or

exercise significant influence or

exercise significant influence or control over companies

control over companies

control over companies history shows us that the decisions they

history shows us that the decisions they

history shows us that the decisions they have made have not been for the greater

have made have not been for the greater

have made have not been for the greater good they have been to enrich themselves

good they have been to enrich themselves

good they have been to enrich themselves and their families at the expense of

and their families at the expense of

and their families at the expense of others in the environment they are

others in the environment they are

others in the environment they are focused on shorter on short-term profits

focused on shorter on short-term profits

focused on shorter on short-term profits over everything else the institutions

over everything else the institutions

over everything else the institutions built around shareholders and companies

built around shareholders and companies

built around shareholders and companies such as stock exchanges incentivize this

such as stock exchanges incentivize this

such as stock exchanges incentivize this perverse behavior the quarterly and

perverse behavior the quarterly and

perverse behavior the quarterly and annual earnings reports companies file

annual earnings reports companies file

annual earnings reports companies file are the primary source by which

are the primary source by which

are the primary source by which shareholders make the decision about

shareholders make the decision about

shareholders make the decision about whether they’re getting their return on

whether they’re getting their return on

whether they’re getting their return on investment which is measured in monetary

investment which is measured in monetary

investment which is measured in monetary terms only terms such as sustainability

terms only terms such as sustainability

terms only terms such as sustainability impact investing and building long-term

impact investing and building long-term

impact investing and building long-term value have only recently become

value have only recently become

value have only recently become buzzwords and only recently has it

buzzwords and only recently has it

buzzwords and only recently has it become popular to think about the ways

become popular to think about the ways

become popular to think about the ways in which a company’s operations and

in which a company’s operations and

in which a company’s operations and business model affect other capital

business model affect other capital

business model affect other capital inputs other than financial capital

inputs other than financial capital

inputs other than financial capital capital inputs such as the well-being of

capital inputs such as the well-being of

capital inputs such as the well-being of workers the environment and the

workers the environment and the

workers the environment and the communities in which companies operate

communities in which companies operate

communities in which companies operate but much of this is still mostly for now

but much of this is still mostly for now

but much of this is still mostly for now just talk the way companies stock

just talk the way companies stock

just talk the way companies stock exchanges and valuation models work is

exchanges and valuation models work is

exchanges and valuation models work is as they always have with a single-minded

as they always have with a single-minded

as they always have with a single-minded focus on shareholders and delivering to

focus on shareholders and delivering to

focus on shareholders and delivering to them maximum returns on the financial

them maximum returns on the financial

them maximum returns on the financial capital as soon as possible at all costs

capital as soon as possible at all costs

capital as soon as possible at all costs this way of thinking and being and the

this way of thinking and being and the

this way of thinking and being and the unearned power to give effect to it gave

unearned power to give effect to it gave

unearned power to give effect to it gave us the Dopp system which paid

us the Dopp system which paid

us the Dopp system which paid farmworkers in wine a decision whose

farmworkers in wine a decision whose

farmworkers in wine a decision whose legacy of alcohol dependence and abuse

legacy of alcohol dependence and abuse

legacy of alcohol dependence and abuse and the social problems they caused

and the social problems they caused

and the social problems they caused still plagues farmer communities today

still plagues farmer communities today

still plagues farmer communities today introduced by Anthony Beck in 1658 and

introduced by Anthony Beck in 1658 and

introduced by Anthony Beck in 1658 and formally banned in the 1960s although

formally banned in the 1960s although

formally banned in the 1960s although the practice continued well into the

the practice continued well into the

the practice continued well into the nineties the dog system is according to

nineties the dog system is according to

nineties the dog system is according to researchers the root cause of the

researchers the root cause of the

researchers the root cause of the disproportionately high levels of babies

disproportionately high levels of babies

disproportionately high levels of babies born with fetal alcohol syndrome

born with fetal alcohol syndrome

born with fetal alcohol syndrome disorder in the West in the cape

disorder in the West in the cape

disorder in the West in the cape Winelands this lifelong incurable

Winelands this lifelong incurable

Winelands this lifelong incurable condition impairs the cognitive and

condition impairs the cognitive and

condition impairs the cognitive and physical functioning of babies born with

physical functioning of babies born with

physical functioning of babies born with it in South Africa about 30 in every

it in South Africa about 30 in every

it in South Africa about 30 in every thousand babies is born with fetal

thousand babies is born with fetal

thousand babies is born with fetal alcohol syndrome and a cape Winelands in

alcohol syndrome and a cape Winelands in

alcohol syndrome and a cape Winelands in communities such as the Berlin region

communities such as the Berlin region

communities such as the Berlin region the rate is 10 times higher as high as

the rate is 10 times higher as high as

the rate is 10 times higher as high as 300 in every thousand babies this way of

300 in every thousand babies this way of

300 in every thousand babies this way of thinking also gave us the migrant labor

thinking also gave us the migrant labor

thinking also gave us the migrant labor system which broke up black families as

system which broke up black families as

system which broke up black families as men left their homes to break their

men left their homes to break their

men left their homes to break their backs in the mines for slave wages for

backs in the mines for slave wages for

backs in the mines for slave wages for just enough for them to survive but not

just enough for them to survive but not

just enough for them to survive but not enough to educate their children and

enough to educate their children and

enough to educate their children and break the supply of cheap labor that

break the supply of cheap labor that

break the supply of cheap labor that mines depended on this asked in chamber

mines depended on this asked in chamber

mines depended on this asked in chamber of Mines an organization of mining

of Mines an organization of mining

of Mines an organization of mining company owners founded in the 1890s had

company owners founded in the 1890s had

company owners founded in the 1890s had it’s primary tasks one reducing the

it’s primary tasks one reducing the

it’s primary tasks one reducing the wages of black man workers to recruiting

wages of black man workers to recruiting

wages of black man workers to recruiting cheap labor which saw it Lobby the

cheap labor which saw it Lobby the

cheap labor which saw it Lobby the colonial administration to introduce hot

colonial administration to introduce hot

colonial administration to introduce hot taxes to force natives off the land and

taxes to force natives off the land and

taxes to force natives off the land and into laboring in the mines this way of

into laboring in the mines this way of

into laboring in the mines this way of thinking also gave us the acid mine

thinking also gave us the acid mine

thinking also gave us the acid mine drainage problem where once that extract

drainage problem where once that extract

drainage problem where once that extract had what they wanted from the earth

had what they wanted from the earth

had what they wanted from the earth mining company simply moved on to the

mining company simply moved on to the

mining company simply moved on to the next mineral deposit leaving polluted

next mineral deposit leaving polluted

next mineral deposit leaving polluted water from these old disused mines to

water from these old disused mines to

water from these old disused mines to flow into the rivers that people drink

flow into the rivers that people drink

flow into the rivers that people drink from and swim in I could go on forever

from and swim in I could go on forever

from and swim in I could go on forever with more examples now some might say oh

with more examples now some might say oh

with more examples now some might say oh this was just a party capitalism pure

this was just a party capitalism pure

this was just a party capitalism pure capitalism whatever that is can and has

capitalism whatever that is can and has

capitalism whatever that is can and has been good but in fact there are legion

been good but in fact there are legion

been good but in fact there are legion examples from every corner of the earth

examples from every corner of the earth

examples from every corner of the earth of the negative environmental social and

of the negative environmental social and

of the negative environmental social and political impacts on people in societies

political impacts on people in societies

political impacts on people in societies that I a direct result of the incentives

that I a direct result of the incentives

that I a direct result of the incentives that companies and shareholders have and

that companies and shareholders have and

that companies and shareholders have and the capsule ISM that said it is no

the capsule ISM that said it is no

the capsule ISM that said it is no coincidence that Thomas Piketty started

coincidence that Thomas Piketty started

coincidence that Thomas Piketty started his book capital in twenty-first century

his book capital in twenty-first century

his book capital in twenty-first century with the Marikana Massacre where the

with the Marikana Massacre where the

with the Marikana Massacre where the shareholders that exercise significant

shareholders that exercise significant

shareholders that exercise significant influence or control over Lonmin decided

influence or control over Lonmin decided

influence or control over Lonmin decided through the expectations that they

through the expectations that they

through the expectations that they placed on the Magnus management’s read

placed on the Magnus management’s read

placed on the Magnus management’s read live delivered to deliver to them return

live delivered to deliver to them return

live delivered to deliver to them return on investment to renege on the company’s

on investment to renege on the company’s

on investment to renege on the company’s commitments in its social and labor plan

commitments in its social and labor plan

commitments in its social and labor plan to build decent housing for workers the

to build decent housing for workers the

to build decent housing for workers the farm Commission found in its report that

farm Commission found in its report that

farm Commission found in its report that Norman’s failure to fulfill its

Norman’s failure to fulfill its

Norman’s failure to fulfill its obligations under its social and labor

obligations under its social and labor

obligations under its social and labor plan was a contributing factor to the

plan was a contributing factor to the

plan was a contributing factor to the conditions that gave rise to the

conditions that gave rise to the

conditions that gave rise to the grievances that striking miners were

grievances that striking miners were

grievances that striking miners were trying to address piketty’s book isn’t

trying to address piketty’s book isn’t

trying to address piketty’s book isn’t about South Africa it is about global

about South Africa it is about global

about South Africa it is about global capitalism and how it has come to

capitalism and how it has come to

capitalism and how it has come to concentrate power in the hands of a few

concentrate power in the hands of a few

concentrate power in the hands of a few in this regard

in this regard

in this regard apartheid capitalism makes South Africa

apartheid capitalism makes South Africa

apartheid capitalism makes South Africa an extreme of a global trend but in no

an extreme of a global trend but in no

an extreme of a global trend but in no means exceptional so this reality

means exceptional so this reality

means exceptional so this reality the often direct causal relationship

the often direct causal relationship

the often direct causal relationship between the decisions of shareholders

between the decisions of shareholders

between the decisions of shareholders and many of the ills the social

and many of the ills the social

and many of the ills the social enterprise model seeks to address ask

enterprise model seeks to address ask

enterprise model seeks to address ask serious questions of us as social

serious questions of us as social

serious questions of us as social entrepreneurs social enterprises do

entrepreneurs social enterprises do

entrepreneurs social enterprises do operate after all with a profit motive

operate after all with a profit motive

operate after all with a profit motive I’ll be to bring about social value as

I’ll be to bring about social value as

I’ll be to bring about social value as we do so with that being the case what

we do so with that being the case what

we do so with that being the case what are we actually doing are we in our work

are we actually doing are we in our work

are we actually doing are we in our work and where it’s responding to the social

and where it’s responding to the social

and where it’s responding to the social ills and dependent social enterprise as

ills and dependent social enterprise as

ills and dependent social enterprise as symptoms of and I might even say caused

symptoms of and I might even say caused

symptoms of and I might even say caused by unjust system such as capitalism

by unjust system such as capitalism

by unjust system such as capitalism sexism and racism and working to

sexism and racism and working to

sexism and racism and working to dismantle these unjust systems of

dismantle these unjust systems of

dismantle these unjust systems of distributing power in society or are we

distributing power in society or are we

distributing power in society or are we profiting from the ill of the cause and

profiting from the ill of the cause and

profiting from the ill of the cause and feeling good about ourselves as we do

feeling good about ourselves as we do

feeling good about ourselves as we do and not really dealing with their

and not really dealing with their

and not really dealing with their origins in these unjust systems during

origins in these unjust systems during

origins in these unjust systems during the former could make social enterprise

the former could make social enterprise

the former could make social enterprise a force for good the latter would make

a force for good the latter would make

a force for good the latter would make it a parasite what I’m saying is social

it a parasite what I’m saying is social

it a parasite what I’m saying is social enterprises should be dismantling and

enterprises should be dismantling and

enterprises should be dismantling and replacing unjust social systems

replacing unjust social systems

replacing unjust social systems otherwise they’re merely profiting off

otherwise they’re merely profiting off

otherwise they’re merely profiting off of the undeserved hardship of others a

of the undeserved hardship of others a

of the undeserved hardship of others a good way to tell which of the two it is

good way to tell which of the two it is

good way to tell which of the two it is is to consider whether the in social

is to consider whether the in social

is to consider whether the in social enterprise in its ownership structure

enterprise in its ownership structure

enterprise in its ownership structure business model and work is responding to

business model and work is responding to

business model and work is responding to issues in five key areas let’s start

issues in five key areas let’s start

issues in five key areas let’s start with the easy one first socio-economic

with the easy one first socio-economic

with the easy one first socio-economic rights which is where the work of most

rights which is where the work of most

rights which is where the work of most enterprises social enterprise is

enterprises social enterprise is

enterprises social enterprise is concentrated so a few questions do the

concentrated so a few questions do the

concentrated so a few questions do the owners and management of the social

owners and management of the social

owners and management of the social enterprise put themselves at risk with

enterprise put themselves at risk with

enterprise put themselves at risk with the communities they serve when the

the communities they serve when the

the communities they serve when the corporation when corporations and the

corporation when corporations and the

corporation when corporations and the state conspire to silence dissent and

state conspire to silence dissent and

state conspire to silence dissent and protest against injustice does the

protest against injustice does the

protest against injustice does the social enterprise working on for example

social enterprise working on for example

social enterprise working on for example the rights to education recognize and

the rights to education recognize and

the rights to education recognize and respond to the dangers of the

respond to the dangers of the

respond to the dangers of the corporatization and privatization of

corporatization and privatization of

corporatization and privatization of this human rights

this human rights

this human rights the second area ownership influence

the second area ownership influence

the second area ownership influence control and decision-making so more

control and decision-making so more

control and decision-making so more questions have the owners and management

questions have the owners and management

questions have the owners and management of the social enterprise considered and

of the social enterprise considered and

of the social enterprise considered and respond in some kind of a way to

respond in some kind of a way to

respond in some kind of a way to what tangible and intangible world they

what tangible and intangible world they

what tangible and intangible world they themselves inherited from their parents

themselves inherited from their parents

themselves inherited from their parents were from the fruits of unjust systems

were from the fruits of unjust systems

were from the fruits of unjust systems that’s a social enterprise bring the

that’s a social enterprise bring the

that’s a social enterprise bring the community it serves on board as

community it serves on board as

community it serves on board as equitable partners in its

equitable partners in its

equitable partners in its decision-making and operations does the

decision-making and operations does the

decision-making and operations does the social enterprise in its work do its

social enterprise in its work do its

social enterprise in its work do its parts to attempt to redistribute the

parts to attempt to redistribute the

parts to attempt to redistribute the ownership of capital in our society more

ownership of capital in our society more

ownership of capital in our society more equitably number three decent work do

equitably number three decent work do

equitably number three decent work do this do the social enterprises own

this do the social enterprises own

this do the social enterprises own employees earn a living wage enjoy

employees earn a living wage enjoy

employees earn a living wage enjoy freedom equity dignity and security at

freedom equity dignity and security at

freedom equity dignity and security at work there’s a social enterprise and

work there’s a social enterprise and

work there’s a social enterprise and agitate for this throughout our society

agitate for this throughout our society

agitate for this throughout our society number four the environment that’s a

number four the environment that’s a

number four the environment that’s a social enterprise consider and respond

social enterprise consider and respond

social enterprise consider and respond to the adverse environmental impacts of

to the adverse environmental impacts of

to the adverse environmental impacts of its own work and the tensions that exist

its own work and the tensions that exist

its own work and the tensions that exist between human development on one hand

between human development on one hand

between human development on one hand and on the other the sanctity of the

and on the other the sanctity of the

and on the other the sanctity of the environments in which we and other

environments in which we and other

environments in which we and other beings live the fifth and final area is

beings live the fifth and final area is

beings live the fifth and final area is the one I consider the most important

the one I consider the most important

the one I consider the most important societal values does the social

societal values does the social

societal values does the social enterprise in its operations contribute

enterprise in its operations contribute

enterprise in its operations contribute to the very necessary shift in society

to the very necessary shift in society

to the very necessary shift in society from an individualistic focus on the

from an individualistic focus on the

from an individualistic focus on the self to the realization that each of our

self to the realization that each of our

self to the realization that each of our being is bound up in the others the

being is bound up in the others the

being is bound up in the others the decisions we take and actions we make

decisions we take and actions we make

decisions we take and actions we make have an effect on other people so we as

have an effect on other people so we as

have an effect on other people so we as humans have an ethical duty to consider

humans have an ethical duty to consider

humans have an ethical duty to consider this and to be accountable to them if

this and to be accountable to them if

this and to be accountable to them if the answer to these questions is a no

the answer to these questions is a no

the answer to these questions is a no then the social enterprise is sadly

then the social enterprise is sadly

then the social enterprise is sadly likely a parasite

[Music]

[Music] [Applause]

”

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