The Fabric of Society and How it Creates Wealth: Wealth Distribution and Wealth Creation in Europe 1000-1800 by Charles F. Foster and Eric L. Jones. Northwich, Cheshire: Arley Hall Press (2013), 130 pp. ISBN: 978 0 9518382 5 9; £7.00.

2013 ◽  
Vol 33 (3) ◽  
pp. 405-406
Author(s):  
John Clarke
Author(s):  
Jason Paul Mika ◽  
Graham Hingangaroa Smith ◽  
Annemarie Gillies ◽  
Fiona Wiremu

Purpose This paper aims to examine indigenous governance and economies of iwi Maori (Maori tribes) in Aotearoa New Zealand. Research into persisting inequities amongst iwi that have settled treaty claims and the potential for intervention through new governance models and indigenous entrepreneurship contextualise the paper. Design/methodology/approach Kaupapa Maori (Maori philosophy) is used as an indigenous methodology to facilitate and empower transformative change, underpinned by Maori knowledge, language and culture. A multi-level approach is used to collect data from international, national and local tribal organisations. Validity is established through stakeholder engagement. Findings A central challenge in the post-treaty settlement context is exponentialising tribal capabilities because of the multiple purposes ascribed to post-settled iwi. Four themes, characterised as “unfolding tensions”, offer a critique and basis for solving tribal development challenges: how do tribes create culturally grounded global citizens; how do tribes rebalance wealth creation and wealth distribution; how do tribes recalibrate tribal institutions; and how do tribes embed entrepreneurship and innovation within their economies? Research limitations/implications As data collection is still underway, the paper is conceptual. Practical implications Five strategies to address unfolding tensions are identified for tribes to consider. Social implications Tribal governors and tribal members are implicated in the analysis, as well as the architects of post-treaty settlement governance models. Originality/value The paper contributes to theorising about tribal governance, economies and entrepreneurship.


Capitalisms ◽  
2020 ◽  
pp. 35-70
Author(s):  
Dennis O. Flynn

Generations of scholars have attempted, without success, to link Spanish-American silver to the dawn of European capitalism. Rather, historical connections across the globe have come into clearer focus during recent decades, including awareness of the fact that American, European, and Japanese silver gravitated largely to China (and also India). Having begun during the sixteenth century, globalization has involved deep connections, including trade regimes that linked together multiple free and coerced labour systems simultaneously. Lessons from global history suggest that national ‘capitalisms’ can no longer serve as reasonable units of analysis. From the outset of sixteenth-century origins, globalization generated intertwined economic, environmental, epidemiological, demographic, and cultural accumulations that continue to reverberate across planet Earth today. Wealth creation, wealth distribution, and environmental consequences remain central features of a historical process that requires analysis at a global level.


2021 ◽  
Vol 3 (2) ◽  
pp. 160-174
Author(s):  
Muhammad Irwan

Kajian ini bertujuan untuk mendeskripsikan tentang kebutuhan dan pengelolaan harta dalam Maqashid syariah. Harta merupakan salah satu kebutuhan pokok bagi manusia, karena akan menentukan kualitas kehidupannya baik masa sekarang maupun masa mendatang. Harta yang dimiliki oleh manusia harus memberi kemanfaatan (maslahah) baik bagi dirinya maupun bagi orang lain dan menghindari terjadinya kerusakan (mufsadat) yang dapat merugikan manusia itu sendiri. Maslahah merupakan tujuan syariah (maqashid syariah) dan menjadi inti utama dari syariah itu sendiri  dan bersifat umum dan universal. Pengelolaan harta bagi manusia dimaksudkan untuk menggunakan harta dan membelanjakan sesuai dengan perencanaan. Pengelolaan harta dilakukan dengan mendistribusikan dan tidak menimbunnya karena berdampak pada terganggunya aktivitas ekonomi. Distribusi harta dan tidak menimbun dapat menghindarkan manusia dari sikap pelit, kikir, sombong dan individualis. Pengelolaan harta terdapat terdapat 5 langkah yang dilakukan yaitu  Wealth creation/Accumulation atau penciptaan harta; (2) Wealth Consumption atau konsumsi harta; (3) Wealth purification atau penyucian harta; (4) Wealth Distribution atau distribusi harta; dan (5) Wealth protection atau perlindungan harta. 


2016 ◽  
Vol 8 (4(J)) ◽  
pp. 17-31
Author(s):  
Olalekan Usiobaifo Asikhia

Most developing countries see small and medium-scale enterprises (SMEs) as engines of development, and as such formulate policies that could encourage their establishment and survival. However, in spite of the enormous number of such firms established and operating, the Nigerian economy is still far from being buoyant. This article reports on research testing the wealth creation model applicable to SMEs and investigated the contribution of SMEs to poverty alleviation in Nigeria. A survey of 581 SMEs was conducted and the findings revealed that only 15% of wealth created that contributed to alleviating poverty was traceable to SMEs. This increased to 24% when moderated with wealth distribution, but by only one percent when moderated by wealth motivation. This implies that although most SME operators in Nigeria have personal motivations to acquire wealth, they are not distributing it, hence the low percentage of wealth that SMEs contribute to poverty alleviation. Policy implications and recommendations were made.


2019 ◽  
Vol 12 (1) ◽  
Author(s):  
Lydia Pelcher

Orientation: A key objective of a company is to maximise shareholder wealth. Distribution of created wealth is achieved either through reinvestment in the company, which increases share value, or through dividend payouts. This encapsulates the dividend policy of a company. In order to realise a cash return, the former requires an investor to liquidate part of the investment, while the latter provides an immediate cash return.Research purpose: The objective was to establish whether relationships exist between share price volatility and dividend policy for shares listed on the Johannesburg Stock Exchange Limited (JSE).Motivation for the study: Dividend policy is an important consideration in the wealth creation process, particularly whether or not to distribute dividends to shareholders. Dividend policy is often structured to cater for shareholders’ expectations.Research design, approach and method: Panel data analysis was employed on a sample of the top 40 JSE-listed shares from 2007 to 2016.Main findings: The results indicated that the association between share price volatility and dividend yield is positive and significant but that between share price volatility and payout ratio is insignificant.Practical/managerial implications: Dividends were proven to be relevant to shareholders and have an association with share price volatility.Contribution/value-add: Dividend policy for the top 40 companies listed on the JSE is a contributor to share price volatility. In order to minimise share price volatility, managers of dividend-paying companies should structure the dividend policy to have consistent dividend payments but also able to reinvest excess cash within the company.


1995 ◽  
Vol 21 (1) ◽  
Author(s):  
M. L. Watkins

Wealth distribution and wealth creation are probably the most important challenges to be faced by South African government. At the organisational level, it will be required of each employee to accept responsibility for contributing to organisational success. The formation of multi-cultural work teams gives relevance to the study of meaning of work and specifically, to the sense of entitlement as a manifestation of a need for equity. In this study it was found that black managers experience a stronger sense of entitlement than their white colleagues/ which is ascribed to deprivation in the past. Although affirmative action could be implemented as a compensatory measure, the caveats involved make it imperative to consider other alternatives. Hence, it is proposed that management systems should be redesigned to promote egalitarianism in the workplace. Opsomming Die verdeling en skepping van welvaart is waarskynlik die belangrikste uitdagings wat die Suid-Afrikaanse regering die hoof moet bied. Op ondernemingsvlak sal daar dus van eike werknemer verwag word om verantwoordelikheid vir 'n betekenisvolle bydrae tot organisasie-sukses te aanvaar. Die vorming van multi-kulturele groepe skep relevansie vir die bestudering van die betekenis van werk, en spesifiek die sin vir geregtigdheid,1 as 'n manifestasie van 'n behoefte aan billikheid. In hierdie studie is daar gevind dat swart bestuurders 'n sterker sin vir geregtigdheid as hulle wit kollegas ervaar. Dit word aan deprivasie in die verlede toegeskryf. Ofskoon regstellende aksie as 'n kompenserende maatreel geimplementeer sou kon word, skep die leemtes hieraan verbonde 'n behoefte aan oorweging van alternatiewe moontlikhede. Daar word derhalwe aanbeveel dat bestuurstelsels herontwerp word om gelykheid in die werkpiek te bevorder.


2020 ◽  
Vol 8 (3) ◽  
pp. 52
Author(s):  
Xiaohong Xian ◽  
Qingxiang Feng

This research conducted a sample survey of 439 young employees in different industries and fields in 7 provinces and municipalities in North China, Central China, East China, South China, Northeast China, Northwest China, and Southwest China. Through data analysis, it found that the mainstream of the employed youth held a positive concept of wealth, while a few of them had issues such as money worship, hedonism, and hatred or envy towards the rich. There are significant differences in wealth cognition, wealth creation, wealth consumption, and wealth distribution among young employees of different genders, regions and units as well as with different numbers of children. And the main influencing factors of their wealth concept appear to be the complex social environment, the differences in personal cognition and thinking modes, the absence of wealth education, and the impact of internet culture.


IEE Review ◽  
1991 ◽  
Vol 37 (7-8) ◽  
pp. 264
Author(s):  
Bernard Capaldi
Keyword(s):  

1977 ◽  
Vol 56 (7-8) ◽  
pp. 3
Author(s):  
H. Peter Jost
Keyword(s):  

2018 ◽  
Vol 15 (1) ◽  
pp. 55-72
Author(s):  
Herlin Hamimi ◽  
Abdul Ghafar Ismail ◽  
Muhammad Hasbi Zaenal

Zakat is one of the five pillars of Islam which has a function of faith, social and economic functions. Muslims who can pay zakat are required to give at least 2.5 per cent of their wealth. The problem of poverty prevalent in disadvantaged regions because of the difficulty of access to information and communication led to a gap that is so high in wealth and resources. The instrument of zakat provides a paradigm in the achievement of equitable wealth distribution and healthy circulation. Zakat potentially offers a better life and improves the quality of human being. There is a human quality improvement not only in economic terms but also in spiritual terms such as improving religiousity. This study aims to examine the role of zakat to alleviate humanitarian issues in disadvantaged regions such as Sijunjung, one of zakat beneficiaries and impoverished areas in Indonesia. The researcher attempted a Cibest method to capture the impact of zakat beneficiaries before and after becoming a member of Zakat Community Development (ZCD) Program in material and spiritual value. The overall analysis shows that zakat has a positive impact on disadvantaged regions development and enhance the quality of life of the community. There is an improvement in the average of mustahik household incomes after becoming a member of ZCD Program. Cibest model demonstrates that material, spiritual, and absolute poverty index decreased by 10, 5, and 6 per cent. Meanwhile, the welfare index is increased by 21 per cent. These findings have significant implications for developing the quality of life in disadvantaged regions in Sijunjung. Therefore, zakat is one of the instruments to change the status of disadvantaged areas to be equivalent to other areas.


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