The world is changing. Nothing profound about that and I am certain everyone agrees.
Now listen to my dream..
Corporate Social Responsibility, Social Enterprises, Social Entrepreneurship are all Transitional mechanisms in a changing world.
Soon CSR. SB/SE would all transition into smaller more local efforts. Another set of Transitional mechanisms would replace them.
There would be Community Enterprises that do not ever dream of becoming bigger than the communities within which they operate.
More and more open knowledge and support would become available to these Community Enterprises and production and services would become more and more local.
Many big Corporations would vanish but some huge Corporations would of-course co-exist with these community Enterprises in the second phase of transition. These corporations would thrive and perhaps grow bigger as long as their Economies of Scale remain relevant and they learn to adapt. For Example consumer product giants would begin to supply machinery to manufacture soaps, detergents, toothpaste locally using more and more local raw materials and formulae.
Governments would encourage its officers to convert their departments into local community enterprises.
Soon Communities would become more and more self sufficient and autonomous (a-la-Gandhi). Open Governance models with strong Democratic practices and a much reduced number of ministerial portfolios would come into being.
Currencies would be replaced, community good / social good would also get formalised in the new Money.
Oops! I dare not dream further… I need to earn some money for the household expenses for December and have to find some work to do that.
here is a mindmap that illustrates the New economy more comprehensively than my rambling dream 🙂