Social Entrepreneurship - Essay Example

Essay Outline Research question: Why is Social Entrepreneurship better than charity to solve social problems? I. Introduction Hook: Love and doing business are one and the same. Connecting information (Show me how the hook is connected to Thesis): Social entrepreneurship, unlike charity, is a combination of philanthropy and business or for-profit goals. Thesis statement: In order to better solve social problems, we should go beyond the concepts of charity and social responsibility, to a solution that focuses on the diversity of our values, the complexity of our social problems, and a practical approach toward understanding and solving them. II. Body A.

First supporting point (topic sentence for first body paragraph): The market has a very important role in attaining the needs, objectives, values, and interests, which are vital to a well-functioning society. -Evidence#1: Businesses will always build a strategy to take advantage of the market and generate services/products that will eventually finance the society’s values and interests (Light, 2010, 43). -Evidence#2: The market can be controlled to support and strengthen social values (Light, 2010, 30).

-Evidence#3: Because socialism did not succeed and capitalism did, the market is the best instrument society has to solve enormous social problems (Yunus, 2010, 198). B. Second supporting point (topic sentence for first body paragraph): Multinationals do not have a choice but to promote corporate social responsibility. -Evidence#1: Different stakeholders, such as employees and the community, expect businesses to focus not just on financial gains but also on fair workplace practices, responsible corporate governance, and sustainability (Bornstein, 2007, 274).

-Evidence#2: Current investors increasingly value environmental sustainability and corporate social responsibility (Bornstein, 2007, 276). -Evidence#3: Businesses, especially those large ones, realized that promoting corporate social responsibility will certainly increase financial performance (Yunus, 2010, 10). C. Third supporting point (topic sentence for first body paragraph): Social entrepreneurs believe that government funding, dedicated volunteers, idealistic donors, and determined vision are never sufficient to solve a large number of social problems.

-Evidence#1: Social entrepreneurs are stepping up because they believe that key donors are now beginning to wane (Light, 2010, 130-131). -Evidence#2: Social entrepreneurs believe that the earlier generation of passionate volunteers is beginning to suffer exhaustion (Light, 2010, 128-129). -Evidence#3: Social entrepreneurs believe that government financial support for a program could be diminishing or the cost of providing welfare is increasing substantially (Yunus, 2010, xxiv, 116). III. Conclusion Final analysis or interpretation of thesis (main point): Because of the power of the market to generate the needed resources to address some of the pressing social problems, and the capacity of big businesses and social entrepreneurs to manipulate the market to promote the greater good, social entrepreneurship becomes an evidently better approach toward the realization of social interest than charity.

Ending comment: Social entrepreneurship is a realistic way of looking at and solving the problems created by society’s inherently imperfect system. References Bornstein, D. (2007). How to Change the World: Social Entrepreneurs and the Power of New Ideas. New York: Oxford University Press. Available at http://books.google.com.ph/books?id=P_g8gVyuuEgC&printsec=frontcover&dq=social+entrepreneurship+vs+charity+to+solve+social+problems&source=bl&ots=BBP6ZxtMLz&sig=T6fdl_2k0GgEACaPCWoytSLsbU0&hl=fil&sa=X&ei=3Wl1UN32B5DKrAfM4ICoBQ&ved=0CE4Q6AEwBQ#v=onepage&q=social%20entrepreneurship%20vs%20charity%20to%20solve%20social%20problems&f=false Light, P.C. (2010).

Driving Social Change: How to Solve the World’s Toughest Problems. Hoboken, NJ: John Wiley & Sons. Available at http://books.google.com.ph/books?id=OfR2LjeXx8gC&printsec=frontcover&dq=Driving+Social+Change:+How+to+Solve+the+Worlds+Toughest+Problems&source=bl&ots=L_EM8r02xE&sig=rI7jo96sl2-qkGkqEzird50rk2c&hl=fil&sa=X&ei=cmp1ULniDoy0rAeuqoDgCw&ved=0CDAQ6AEwAA Yunus, M. (2010). Building Social Business: The New Kind of Capitalism that Serves Humanity’s Most Pressing Needs. New York: Public Affairs.

Available at http://books.google.com.ph/books?id=W0EDHD28NB8C&printsec=frontcover&dq=social+entrepreneurship+vs+charity+to+solve+social+problems&source=bl&ots=p3yCjM5Sx5&sig=yyzPgJuCB_jrN4M_nkeK1cAzy4g&hl=fil&sa=X&ei=3Wl1UN32B5DKrAfM4ICoBQ&ved=0CEgQ6AEwBA#v=onepage&q=social%20entrepreneurship%20vs%20charity%20to%20solve%20social%20problems&f=false