Alleviating Global Poverty

Alleviating Global Poverty Synopsis

In the book, Lewis D. Solomon develops the theme that the profit motive can serve as a powerful force for social good in developing nations, making a difference in the lives of those trapped in misery and helping millions out of poverty. After focusing on three US-based venture capital-like firms, the book presents evidence that for-profit corporations, many indigenous, funded in part by these capital providers have alleviated global poverty. These investee firms, which seek both financial and social returns, serve the impoverished by delivering critically needed but affordable goods and services, including quality education, preventive healthcare, light and power, and enhanced agricultural productivity.