Problems such as persistent poverty and inequality, poor health, and environmental degradation that the SDGs aim to solve are systemic issues. Strong institutions founded on principles of partnership, cooperation, and universal justice, which the last two SDGs underline, are essential. Faster progress towards the SDGs will require new models of enterprises in which the people must have a much greater say in governance. The fundamental principle driving democracy is human rights. An innovation in enterprise design to reconcile this dilemma is the concept of “social enterprises” promoted by Muhammad Yunus and others.

Source: Mint January 07, 2018 17:03 UTC