In 2016 the human race spends 1000 times more money and time on Learning Commns Tech. We invite you to vote for the the most productive Youth Economies (more) linking in 3 billion new jobs that were impossible to co-create in times when distance caused communications to be expensive and the idea of an app being mobilised any time any place by anyone sounded like science fiction.

Let's begin with the most exciting girls empowerment economy: its human epicentre is Sir Fazle Abed in Bangladesh of the world's largest and most collaborative NGO known by hundreds of partners and millions whose education calling is girls empowerment as pre-digital BRAC and post-digital BKASH -currently the world's largest cashless economy co-created by and for girls faced with poverty's and sustainability most extreme challenges. Starting the search for how to value this youth economy was to be the last project of The Economist's Norman Macrae whose work (more) on the Entrepreneurial Revolution of millennials 3 billion new jobs began with this (Keynsian inspired - more) future history in 1972. RSVP isabella@unacknowledgedgiant.com or to start linking in text Norman's family in wsshington DC at USA 240 316 8157
next education open space new york 1 to 12 march 2016 - previous MIT 25 to 29 january - queries on linking in - chris.macrae@yahoo.co.uk or text usa 240 316 8157

Tuesday, January 14, 2014

Data Report from Journal of Social Business
 
In July 2010 my family helped to fund a Muhammad Yunus weekend at University of Galsgow . One of his wishes initiated by my family in conjunction with Adam Smith Scholars was The Journal of Social Business  journalofsocialbusiness.com
 
Over nearly 5 years of editing this journal we have catalogued 4 main types of cases
 
1 those that strictly meet Dr Yunus published definition of social business
 
2 those that meet the dividend criteria of being wholly reinvested in social goal but permit flexibility around equity
 
3 those that we call social business 51% models
 
4 those that dont constitutionally fit because of local laws but appear to be as near as could be started up - we tend to catalogue these when designed by millennials as start ups- we dont accept for publication quasi attempts at social businesses when backed by large resources. We conducted several surveys targeting 10000 youth with specific social business information as journalised at yunus10000.com
 
There is a second level of nuanced analysis in each case. I briefly summarise below but would love to share longer dialogues if others have similar problems in monitoring parallel models
 
 
1 while one might feel this is the simplest model to continuously verify - as can be seen with the Grameen Bank itself what happens when in Bangladesh 's case a government later changes the law and ownership after 30 years of volunteer etc work  helped build an impactful institution
 
1.1 there is also a global issue - the grameen solar energy model has been analysed see book by nancy wimmer as potentially replicable to a billion off grid people- but since there has been no international institution that could guarantee replication as 100% social business - the idea is now being replicated by hundreds of different networks in different countries with a huge variety of ownership models -sadly arguments about the energy model among the original directors of grameen caused the break up of the 4 directors who had worked together for the first 33 years of grameen
 
2 while permitting investors in a social business fund to gain from the equity may sound a dilution of intent , it is as far as we can see the only way that a significant (over 75 million dollar fund) public social business fund has been built. The case is danone communities: France . The French would argue that long-term pension funds could well find this a primary sustainability investment model. HEC will probably discuss this in its forthcoming MOOC HEC Paris
Devenir entrepreneur du changement. Back in 2005 the famous global social business lunch was co-facilitated by Benedict Faivre-Tavignot who holds responsibility for the schools development of sustainability masters 
3 this model is not approved by dr yunus but is relevant to some segments of economist- for example if a digital wizard was to design the next facebook but to attract sustainability millennials arguably pitting 51% in trust and 49% for profit (ie each side losing one doubling in equity) would over time lead to win-wins for both
 
4 these cases illustrate how difficult and varied national laws can get- its a pity because one finds that a lot of youth entrepreneurial energy is wasted with red tape which can be too costly in time and money for early startups to succeed

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