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'The Sharing Economy: Hapimag - A Business for the Common Good'
The text of a talk given at Hapimag, Albufeira on
Monday 5 January 2015
Prof. Kamran Mofid*
Founder, Globalisation for the Common Good Initiative (GCGI)
INTRODUCTION
In the last few decades, and especially from the late 1970s with the rise of Thatcherism and Reaganism, the business world has been under the spell of neo-liberalism, obsessed with economic reform, growth, an ever-expanding free-market liberalism, structural adjustment policies, privatisation, deregulation, profit maximisation, cost minimisation and the highest bonuses for short-term gains, amongst others.
This destructive ideology has led many business leaders to falsely believe that there is competition between being efficient and profitable, and being for the common good.
One of the businesses that have risen above this false ideology is Hapimag.
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