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This paper contends that there is a positive relationship between current globalisation, unemployment, inequality and poverty, which paves a vista for further academic discourse.

As a meta‐analytical study, the paper relied on secondary data. It is a qualitative study, which is based on conceptual analysis, theory building and “emic” perspective (authors' viewpoint).

A relationship between current globalisation, unemployment, inequality and poverty should be investigated further. Unemployment increases levels of inequality and poverty within society. Although bequeathed with various names and definitions, the logics of current globalisation seem to have exacerbated the problem of global unemployment, the corollary of which is endemic inequality and poverty.

Increases in income inequality and poverty over the past decades, can be attributed to globalisation. Therefore, within the domain of unemployment, inequality and poverty in the era of globalisation, renewed problems of global competition, job termination, wage reductions, labour immobility and technological displacement of workers, have accelerated the rate of global unemployment, the corollary of which is endemic inequality and poverty.

The originality of this paper is that it examines the phenomenon of globalisation, unemployment, inequality and poverty, from a different perspective, which creates an opportunity for further constructive debate.

The aim of this paper is to show that there could still be the possibility of a complementary relationship between capitalism and socialism (effective state), so that a higher human, social and economic order is realised.

The paper is a meta‐analytical study, which relied on secondary sources of information. It is a qualitative study that is based on conceptual analysis, theory building and “emic” perspective (authors' viewpoint).

With the collapse of the Soviet Union in 1998 and the fall of the famous Berlin Wall, the final victory or triumph of capitalism over its alternatives was heralded. This development saw nations, most especially the developing ones, rushing to infuse themselves into the capitalist global system, which is reflected by the opening of borders to the capitalist onslaught. However, soon after this euphoric capitalist triumphalism, capitalism seems to be heading to another cross‐road, which is capable of undermining the aforesaid euphoria. As capital is now set to continue its accumulation, expansion and profitability, unemployment is on the rise, as government ability to create lasting employment has become ineffective due to the privatisation of the public sectors, retrenchment by private business, etc. The state of affairs is exacerbating the crime rate (both within nations and globally), ethnic and global tension, poverty and ill‐feeling. Hence, there could be other better global alternatives to the current single capitalist triumphant orthodoxy.

Socialism has failed and capitalism is in the process of failing. Therefore, the only hope left to resurrect socialism and resuscitate capitalism, is a complementary and comprehensive ideological order. In that sense, there is a need to complement the positive aspects of both ideologies.

This paper is original, since no other paper has taken up the topic of “Triumphant capitalism and the future of human, social and economic progress in the post‐Cold War era”. The suggestion given in the paper could help to achieve a higher level of human, social and economic progress in the post‐Cold War era, most especially in the developing nations.

South Africa is a developing country, and within this context, it is essential to be economically competitive and proactive. Various sources reveal that the national productivity has been traditionally low, and continues to remain low. Within the context of the international arena, this is unacceptable. If South Africa is to become a recognised role player in the international arena, it is imperative to increase productivity like China. This paper aims to focus on the issues involved.

A 65‐item inventory which measures seven conceptually and empirically distinct facets of the work ethic construct, i.e. the multi‐dimensional work ethic profile (MWEP) was utilised to critically distinguish between the Chinese and South African workforces. The samples approximated 150 subjects in each grouping. Findings which emanate from this study have distinct ramifications for the South African economy.

It appears as if a linkage exists between productivity and work ethic, as illustrated by amongst others, Hamilton‐Attwell and Du Gay and Pryke. Paradoxically, a number of other variables exist which impact on the productivity phenomenon, thus rendering a strict causal relationship between work ethic and productivity tenuous in nature. Despite this, it is a recognised reality that there is a substantive “negativity” in the work ethic of the South African labour force, possibly in relation to historical and cultural factors. The Chinese work ethic is diametrically opposed to that of South Africa.

In discussions with Chinese workers held in 2010, four primary schools of thought emerged: a firm belief that hard work will bring desired results; pride in personal accomplishments and hard work; fear of embarrassment or shame in case of failure; and immense patriotic pride in China and its achievements. It is the present authors' conviction that none of these apply to the South African labour force, and that most certainly could be partly responsible for the economic disparities between the two countries. Hence, additional research should be conducted to improve the current state of affairs.

Of the seven facets in the MWEP, six are positively slanted, while the other, leisure, can be construed as negatively aligned with a positive work ethic. Interestingly, if the Chinese sample is compared to the South African, this is the only facet where the latter obtains a superior score. The inference is clear: South Africans are essentially more concerned about having free time. In the overall context of the MWEP, this is a strikingly negative observation.

One of the major challenges confronting South Africa, since the triumph of democracy in 1994, is low productivity of labour. Therefore, comparing South African work ethics with that of China will enable South Africa recognize the gaps in terms of behavior towards work and stimulate the countries international competitiveness.

The purpose of this paper is to complement theoretical and qualitative literature with empirical evidence on the income-redistributive effect of mobile phone penetration in 52 African countries.

Robust ordinary least squares and two stage least squares empirical strategies are employed.

The findings suggest that mobile penetration is pro-poor, as it has a positive income equality effect.

“Mobile phone”-oriented poverty reduction channels are discussed.

It deviates from mainstream country-specific and microeconomic survey-based approaches in the literature and provides the first macroeconomic assessment of the “mobile phone”-inequality nexus.

Research methodology.

Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes.

At the end of the case discussion, the students should be able to: demonstrate an understanding of the similarities and differences between profit and non-profit organisations; discuss social entrepreneurship as a process-driven set of activities; assess the organisation-environment-opportunity fit of the dilemma facing them; analyse and resolve practical issues in developing structure and systems; diagnose organisational issues facing enterprises wishing to formalise and grow; evaluate how an organisation may achieve both social and profit objectives; and appreciate the trade-offs of adopting a profit-driven approach for social enterprises.

From her office on her farm in the Eden District of South Africa’s Western Cape province, Wendy Crane, who had for many years been involved in the conservation efforts of the Gouritz Cluster Biosphere Reserve (GCBR), drank in the view of the Langeberg Mountains. Her pleasure was a bit diminished by the knowledge that, like so many parts of the GCBR, this area’s environment was under threat. She was preparing for a meeting in March 2017 of the board of the non-profit company (NPC) that sought to initiate and coordinate activities that would achieve the goals of the GCBR. The NPC board members wanted the organisation to be self-sustaining when it came to core costs. To this end, the board had established Gouritz Enterprises as a social enterprise that would be responsible for profit-driven activities which would fund the NPC’s core costs. The enterprise had not yet started work in any formal way, and Crane was not sure if establishing a separate profit-driven entity was the best way of achieving the self-financing goal.

Post-graduate management diploma MBAC.

CSS 3: Entrepreneurship.