When the credit crisis hit in 2008, much of the public’s ire fell on the Wall Street executives who earned enormous salaries as the financial system crumbled. Legislators and activists demanded that the country’s corporations revert to more reasonable pay packages, especially those companies who received government bailouts. Nearly five years later, however, little has been done to curb outsized executive compensation. Well, at least in the U.S.
Switzerland, on the other hand, recently voted for legislation that aims to Continue reading
For years socially conscious entrepreneurs have been trying to find ways to help people in third world countries without giving them outright charity. While microfinancers help many ambitious poor people start small businesses, there are many people who are not ready to assume the risk of starting a business. That’s why a new group of activists is focusing their efforts on “impact sourcing” by providing simple but integral work to citizens of impoverished communities.