Review of Lessons from the Poor: Triumph of the Entrepreneurial Spirit, edited by Alvaro Vargas Llosa, The Independent Institute (2008).
There is a growing mass of literature discussing various facets of private industry becoming an involved and effective player in the realm of poverty alleviation. The poor have been considered the constituency of the government for a long time, but now that perception is changing. For example, Nobel laureate Muhammad Yunus’ autobiography, Banker to the Poor, takes commercial banks to a clientele base they have never really served before. C.K. Prahalad’s The Future at the Bottom of the Pyramid is a rallying cry for big business to position serving the world’s four billion poorest people at the heart of their profit-making strategies. Lessons from the Poor: Triumph of the Entrepreneurial Spirit, edited by Alvaro Vargas Llosa, is one of the latest books in this category, adding one more dimension to this discussion. (more…)