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Recent News Headlines from SocialFunds.com

Dynegy Abandons Plans to Build Five New Coal Power Plants (01/06/09)

Wells Fargo Exceeds Environmental Financing Goals (12/30/08)

Report Warns of Unsustainable Consumption (12/24/08)


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Professor Aneel Karnani critiques the Bottom of the Pyramid
(BOP) concept in a July 2006 paper, arguing it is "at best a harmless illusion and potentially a dangerous delusion." Prof. Karnani also argues against alleviating poverty by viewing the poor as consumers, and instead proposes viewing them as producers as a means of raising the real income of the poor. BOP theorist CK Prahalad (who happens to be a University of Michigan colleague of Prof. Karnani) responds to the three main lines of critique on the World Resources Institute NextBillion blog.

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