Category Archives: Economy and Business

There is more to “Development” than Just Economic Growth!

Amartya Sen’s capability theory offers a comprehensive approach to development which puts people at the center of attention. Development is not just economic growth or industrialization and people are not mere tools to achieve it. Continue reading

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CSR in the Companies Bill 2011: Fly in the Milk!

Why should businesses take social responsibility as a burden? It is in their own long-term interest to think in terms of sustainable development, which necessarily imply being more responsible towards social and environmental problems. Future conflicts among nations would largely revolve around control of natural resources which are surely depleting. Continue reading

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