Sharks, Pigs, & Coconuts: Economic Development and Mental Health by Paul R. Polak, M.D.

This research article was written by Dr. Paul Polak in the 1970’s while he was the Executive Director, Southwest Denver Community Mental Health Services, Inc., 1611 South Federal Blvd., Denver, CO. 80219. * Paper presented at the 55th Annual Meeting of the American Orthopsychiatric Association, San Francisco, CA., March 1978.   The most effective mental health program… Read More »

Is it Wrong for Business to Profit from the Poor?

Mohammad Yunus is a nice man. He’s also very smart, innovative, a risk-taker — and a winner of the Nobel Prize for Peace. However, he is sometimes wrong. And he’s most certainly wrong when he insists, as he has done so frequently in recent years both in his books and in public appearances, that the… Read More »

End Poverty or Bust

Creating a Runway for Profitable New Multinational Businesses to Transform Poverty By Paul Polak Five years ago, Steve Bachar and I decided to create a venture capital fund that would only invest in companies capable of achieving three goals: Transforming the livelihoods of at least 100 million customers living on $2 a day or less;… Read More »

How to solve India’s poverty crisis

By Paul Polak and Mal Warwick Economic debate swirls around the question of how to end poverty, and no wonder: today there are still 2.7 billion people living on $2 a day or less. How should a nation that contains nearly one in three of the world’s poorest people address this very real problem? At… Read More »

Simplicity Brings Hope to the Digital Age

Seoul Digital Forum, May 22, 2012 Business leaders today spend all their time trying to serve the richest 10% of the world’s customers. We need a revolution in business thinking to create products and services for the other 90%, not because it is the moral thing to do, but because there are vast new profitable… Read More »

Is it Immoral to Earn Attractive Profits from Poor Customers?

 by Paul Polak There are at least 7 billion different perspectives on morality, but the viewpoint I like best defines sin as the failure to reach your potential. By this definition we have at least 2.6 billion deep sinners – the 37% of people in the world who live on less than $2 a day…. Read More »

Building A Better Mousetrap is Only the Beginning

Paul Polak Responds to Acumen Fund’s Lesson #6 – “Great Technology Alone is not the Answer”   Question: If you build a better mousetrap will the world beat a path to your door? Answer: Without superb marketing and distribution nobody beats a path to your door. In my work with a multitude of affordable technologies… Read More »

¡Viva la revolución

Five years ago, at the Aspen design summit, I said that 90% of the world’s designers spent all of their time addressing the needs of the richest 10% of the world’s customers. I also said that before I die I want to see that silly ratio turned on its head. What followed was an amazing… Read More »

The Future Corporation

The Future Corporation will remain competitive in the global marketplace by creating vibrant new markets serving $2 a day customers at scale. Three years ago, General Motors, the biggest, most powerful corporation in the world,was brought to its knees by failing to react quickly and effectively to competition from Japanese imports, which were smaller, more… Read More »

How Much Money is Enough?

By Paul Polak How much money is enough, and what will I do with myself when I get there? This question is just as challenging for multimillionaires as it is for dollar-a-day farmers. The dilemma is tantalizingly similar for both. For the one-acre farmer whose family now has enough to eat for the whole year… Read More »

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