The question raised in the Class prep for Social Enterprise and The Arc Initiative was ” If the United Nations was fully funded why would we need the arc or social enterprise”?

Even if the United Nations was fully funded, we would need social enterprise. There are so many successful entrepreneurs in this world but in contrast to them , there are plenty of undeveloped groups of people living in this world. My point of view is that , United Nations alone will not be able to solve this problem but when most of the successful entrepreneurs turn to be social entrepreneurs , it might be possible. As mentioned in the resources , Muhammad Yunus (Grameen Bank) won the Nobel price for being a society’s change agent.

It will not make a very big difference or change in the profits of their business by just being a helping hand for a small group of people who are in need of support. The entrepreneurs will be able to solve the group’s financial problems because their loan amounts are not huge amounts but it might seem to look big for them. The most essential need would be health care and the social enterprises , arc initiative , the UN take initiative to provide free medical services.

On the whole , I would suggest that the United Nations and the social enterprise work together on solving the issues, rather than any one of them taking steps.

 

Reference:

http://connect.ubc.ca/