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Shari'a Compliant Equity Investments: The Development and Benefits of Shari’a Screening Methodologies
by Rizwan MalikThis book addresses two main areas of Islamic finance. It examines the historical development of Shari’a screening methodologies to date and investigates how the existing Shari’a screening methodologies can be enhanced for the benefit of the Islamic banking and finance (IBF) industry. A qualitative analysis and a statistical technique of exploratory factor analysis (EFA) is carried out to offer a 360-degree view of Shari’a compliant equity investments, which will be of interest to Islamic finance and ethical investment scholars, students, and practitioners.
Shari'a Compliant Microfinance (Routledge Islamic Studies Series)
by S. Nazim AliIn the recent past, Islamic finance has made an impressive case on the banking scene by becoming an alternative to the popular conventional financial systems, spurring a lively academic debate on how the Islamic finance industry can expand its services to cover the poor. Several propositions have been aired which suggest that the Islamic finance industry should consider developing an efficient Shari‘a compliant microfinance model. This book brings together original contributions from leading authorities on the subject of Shari‘a Compliant Microfinance (Islamic Microfinance) to propose innovative solutions and models by carefully studying experiments conducted in various countries. Where critiques of the current microfinance concepts, methods, regulatory measures and practices have often revolved around its practice of charging very high interest, this book discusses the several models that draw on both theory and case studies to provide a sustainable Shari‘a compliant alternative. Arguing that while Islamic finance might have made a remarkable contribution in the financial markets, there remains a big question with regards to its social relevance, the book provides new perspectives and innovative solutions to issues facing the Islamic microfinance industry. A comprehensive reference book for anyone wanting to learn more about Shari‘a Compliant Microfinance, this book will also be of use to students and scholars of microfinance, Islamic finance, and to anyone interested in learning about ethical and socially responsible businesses.
Shariah Governance in Islamic Banking Institutions (Islamic Business and Finance Series)
by Shafiullah Jan Muhammad IsmailShariah governance assumes the primary instrument through which Islamic Banking Institutions (IBIs) ensure the Islamicity of their products, services, operations, and internal environments. It is considered to be one the fundamental elements that differentiates IBIs from their traditional counterparts. Shariah Governance in Islamic Banking Institutions provides a critical overview of the key aspects pertaining to Shariah governance within Islamic financial institutions and presents a detailed analysis of its conceptual background. The authors have identified the unique issues that have emerged due to the integration of Shariah, namely the involvement of the Shariah supervisory board (SSB), in the corporate governance arrangements of Islamic banks. These issues relate to disclosure, transparency, independency, consistency, confidentiality, competency, and reputation. The book details the doctrines of Shariah pronouncements in Islamic banks, the importance of having a central advisory board at a regulatory level in the standardization of Islamic banking practices, as well as the competence required for Shariah supervisory board members. It provides a critical analysis of the Shariah governance framework in Pakistan and introduces the authors’ vision of an ideal Shariah governance framework. Furthermore, the chapters offer guidance in promoting effective policies for improving Shariah governance. This is one of the core challenges facing Islamic banks, namely, to ensure compliance with faith and provide legitimacy to the business of IBIs, and as such, the book will appeal to both the research and professional communities.
Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance
by Ahcene LahsasnaA comprehensive guide to one of the key risk management issues in the expanding field of Islamic financeFor Islamic financial institutions, Sharia non-compliance is a growing and key risk that must be carefully managed. This book offers a thorough look at non-compliance risk and explains the legal documentation necessary to ensure compliance for professionals in the Islamic finance industry. In addition, the book offers helpful guidance and understanding for the legal departments of Islamic financial institutions, as well as lawyers, legal firms, Shariah advisors, Shariah officers, and students studying Islamic finance. The book covers fundamental concepts, major risk elements, tools and techniques for identifying non-compliance, legal documentation, and the impact of non-compliance, among other vital topics.Offers comprehensive coverage of the growing field of non-compliance risk management in Islamic financeIncludes in-depth coverage of legal documentationWritten by an expert on the topic who teaches at INCEIF, The Global University for Islamic Finance and IIUM, International Islamic University of Malaysia in Malaysia
Sharing and Collaborative Economy: Future Scenarios, Technology, Creativity and Social Innovation (SpringerBriefs in Economics)
by Enric BasThis book presents a foresight-based exploratory analysis on the coming post-capitalist society and the transforming role of technology, creativity, and social innovation in the new economy. Topics analyzed include innovation culture, the role of politics, legal protection, the digitalization of social life, as well as vulnerabilities and opportunities of the Sharing & Collaborative Economy (ShE). ShE is here essentially understood just as a proof of the current Zeitgeist; a sign of its time. A time, where the formal social structures and institutions which traditionally have shaped and framed human societies are - slowly but progressively- getting dissolved into a new emerging social system, complex and mutant by nature. The book subsequently presents three plausible scenarios for ShE as the outcome of this analysis in the horizon of 2030: 1) the probable future, balancing neoliberalism: the shared/collaborative economy as a new third way, 2) the contingent/rupturist future, hypercapitalism: neoliberalism on steroids, or the collaborative paradigm as a trojan horse, and 3) the preferable future, postcapitalism, or the sharing economy as the poster child of the 4th industrial revolution. It connects these three scenarios with a change of paradigm where horizontal management, cultural diversity, social responsibility, climate change management, and the transformative power of radical creativity and participation are finally getting a leading role in the design of brand new ways of approaching a more integrative and sustainable business and economy.
Sharing Behavior of Brand Crisis Information on Social Media: A Case Study of Chinese Weibo
by Changzheng YangThis book adopted 66 brand crisis events as research samples taking place from 2010 to 2016 on social media (Chinese Weibo), performs research on influence mechanism of brand-crisis information-sharing behavior on social media from contextual perspective. The book explores into the fluctuation characteristics of information-sharing behavior, the contextual influence factors, both the static and dynamic mechanism of information-sharing behavior, and regulation measures of crisis information sharing behavior. The important features of the book are reflected in accurate analysis of the autocorrelation, trend characteristics, periodic characteristics and cluster characteristics of the fluctuation of crisis information sharing behavior, and deep exploration of dynamic mechanism and static mechanism of the time lag characteristics, impulsive disturbance, and marginal influence of the impact of information sharing behavior from perspective of situational factors. The book mainly focuses on the field of brand crisis management, and construct the formation and evolution mechanism of brand crisis information sharing behavior from both vertical and horizontal dimensions through a combination of theoretical exposition and case analysis, so that readers can got a clear understanding of brand crisis information communication and management through dimension reduction. The book can be used as a textbook for undergraduates and postgraduates in economics and management in colleges and universities, can also be a reference for business managers, scientific researchers and others interested in the field of crisis management.
Sharing by Design (SpringerBriefs in Applied Sciences and Technology)
by Jeffrey Kok Chan Ye ZhangThis book answers the question of how to design a sharing system that can promote sustained, meaningful, and socially constructive sharing practices in today’s cities. To do so, it constructs a framework for practical inquiry into the design of sharing systems. Further, the book invites readers to consider questions such as: If sharing can be designed, then how does one design a sharing system for cities? Which urban conditions make this sharing system possible? What are the considerations, variables, and methods that can inform and guide the designers of a sharing system? By considering both the environmental and societal motivations for sharing, and the reality that most examples of the Sharing Economy are neither equitable in their socio-economic outcomes nor genuine in their original social promises, this book presents balanced and thoughtful answers to the questions posed above. The book will appeal to a broad readership, from students and teachers in the various design disciplines, to professionals and scholars in architecture and urbanism, business and innovation, and other related fields of the humanities and social sciences, as well as activists and policymakers committed to achieving more sustainable and equitably distributed access to urban resources.
Sharing Cities 2020: A Case-Based Approach
by Iris Wang Hideaki Ninomiya Benjamen GussenThis book provides valuable insights into how cities are innovating in the field of the sharing economy through case studies. Each chapter explains how different cities have employed the sharing economy to solve their sui generis problems. The concept of Sharing Cities is getting considerable traction with grassroots groups and city governments around the world. Starting with the earliest Sharing City, Seoul, under the efforts of different Sharing Economy Associations and Organizations, more and more cities are being transformed. This book aims to highlight the positive changes that the sharing economy brings to cities and will be a valuable reference to those working in this emerging field.
Sharing Economics: Theory Essence and Development Law
by Yuming ZhangThis book has studied the principle, essence and development law of sharing economics. First of all, it analyzes the inevitability of sharing economics as the mainstream and determines that its research object is the social resources of the production, gathering, exchange, use, distribution and value creation disciplines. Secondly, it defines and analyzes the connotation, scope, concept, characteristics, research hypothesis, property right attribute, constituent elements and income distribution of the sharing economics which aims to improve the efficiency of resource allocation and reduce the market transaction cost. This book is characterized by the construction of a theoretical system composed of contingency, cooperative consumption, cognitive surplus and impersonal transaction. This book provides readers with a theoretical theory of sharing economics and an important theoretical reference for innovative entrepreneurship.
Sharing Economies in Times of Crisis: Practices, Politics and Possibilities (Routledge Frontiers of Political Economy)
by Anthony Ince Sarah Marie HallThe ‘new sharing economy’ is a growing phenomenon across the Global North. It claims to transform relationships of production and consumption in a way that can improve our lives, reduce environmental impacts, and reduce the cost of living. Amidst various economic, environmental, and other crises, this message has strong resonance. Yet, it is not without controversy, and there have been heated debates over negative dimensions for workers and consumers alike. This book stretches far beyond the sharing economy as it is popularly defined, and explores the complex intersections of ‘sharing’ and ‘the economy’, and how a better understanding of these relationships might help us address the multiple crises that confront contemporary societies. The contributors to this book explore a wide diversity of sharing systems and practices from various empirical case studies, ranging from hospitality to seed-swapping, and from indigenous land rights to alcohol consumption. In each chapter, a different crisis or vulnerability frames and shapes the study, allowing contributors to unpick the ways in which crisis and sharing relate to each other in real life. The book is divided into three thematic sections. Following an extended introduction to the themes and ideas of the book by the editors, the first section foregrounds the shaping of sharing practices by already existing or anticipated crises. The second section focuses on the lived relations between sharing and economic practice. In the third section, authors conclude the book by exploring the possibilities and challenges for creating alternative economic forms grounded in practices of sharing. This edited volume makes a major, original contribution towards academic understandings of sharing economies in the context of crises. It is suitable for both students and academics who are interested in political economy, economic geography and consumption.
The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism
by Arun SundararajanSharing isn't new. Giving someone a ride, having a guest in your spare room, running errands for someone, participating in a supper club -- these are not revolutionary concepts. What is new, in the "sharing economy," is that you are not helping a friend for free; you are providing these services to a stranger for money. In this book, Arun Sundararajan, an expert on the sharing economy, explains the transition to what he describes as "crowd-based capitalism" -- a new way of organizing economic activity that may supplant the traditional corporate-centered model. As peer-to-peer commercial exchange blurs the lines between the personal and the professional, how will the economy, government regulation, what it means to have a job, and our social fabric be affected?Drawing on extensive research and numerous real-world examples -- including Airbnb, Lyft, Uber, Etsy, TaskRabbit, France's BlaBlaCar, China's Didi Kuaidi, and India's Ola, Sundararajan explains the basics of crowd-based capitalism. He describes the intriguing mix of "gift" and "market" in its transactions, demystifies emerging blockchain technologies, and clarifies the dizzying array of emerging on-demand platforms. He considers how this new paradigm changes economic growth and the future of work. Will we live in a world of empowered entrepreneurs who enjoy professional flexibility and independence? Or will we become disenfranchised digital laborers scurrying between platforms in search of the next wedge of piecework? Sundararajan highlights the important policy choices and suggests possible new directions for self-regulatory organizations, labor law, and funding our social safety net.
The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism
by Arun SundararajanThe wide-ranging implications of the shift to a sharing economy, a new model of organizing economic activity that may supplant traditional corporations.Sharing isn't new. Giving someone a ride, having a guest in your spare room, running errands for someone, participating in a supper club—these are not revolutionary concepts. What is new, in the “sharing economy,” is that you are not helping a friend for free; you are providing these services to a stranger for money. In this book, Arun Sundararajan, an expert on the sharing economy, explains the transition to what he describes as “crowd-based capitalism”—a new way of organizing economic activity that may supplant the traditional corporate-centered model. As peer-to-peer commercial exchange blurs the lines between the personal and the professional, how will the economy, government regulation, what it means to have a job, and our social fabric be affected?Drawing on extensive research and numerous real-world examples—including Airbnb, Lyft, Uber, Etsy, TaskRabbit, France's BlaBlaCar, China's Didi Kuaidi, and India's Ola, Sundararajan explains the basics of crowd-based capitalism. He describes the intriguing mix of “gift” and “market” in its transactions, demystifies emerging blockchain technologies, and clarifies the dizzying array of emerging on-demand platforms. He considers how this new paradigm changes economic growth and the future of work. Will we live in a world of empowered entrepreneurs who enjoy professional flexibility and independence? Or will we become disenfranchised digital laborers scurrying between platforms in search of the next wedge of piecework? Sundararajan highlights the important policy choices and suggests possible new directions for self-regulatory organizations, labor law, and funding our social safety net.
Sharing Economy at the Base of the Pyramid: Opportunities and Challenges
by Israr Qureshi Babita Bhatt Dhirendra Mani ShuklaThis book explores how the sharing economy models present opportunities and also pose challenges in achieving sustainable development at the base of the pyramid. Through a 3S Framework (sharing, socialization, and social intermediation) and Reformative-Transformative classification, this book demonstrates how sharing economy models offer the potential for more inclusive and sustainable development. The book includes case studies on sharing economy models that offer products and services for free or at prices more affordable than traditional options, while also finding ways toward economic sustainability and inclusive growth. This book identifies how local resources, community social capital, and bricolage could be leveraged in the development of sharing economy models that take into account the specificities of particular communities while ensuring that the solutions can be quickly modified and replicated. Further, this book highlights that sharing economy models leverage the digital revolution to take advantage of cheaper computational capacity and global connectivity, while rapidly adapting to engage with those that have less digital literacy at the base of the pyramid. This edited book aims to present analyses of sharing economy models at the base of the pyramid, identifying characteristics that can be particularly important for sustainable development and barriers that would need to be overcome to realize its full potential. The chapters in this book are contributed by a wide range of academics and scholars who are experts in the field.
The Sharing Economy for Tackling Cybercrime (Advanced Sciences and Technologies for Security Applications)
by Ethem Ilbiz Christian KaunertThis book explains Europol’s online sharing platforms efforts in three major cybercrime areas: ransomware, money laundering with cryptocurrencies, and online child sexual exploitation that Europol has already pushed private and public actors to cooperate. Since the global financial crisis, online sharing economy platforms have made a significant impact on use of under-utilized resources. People who have a car (Uber) or a spare room (Airbnb) began to share their under-used assets with others for extra income. The success achieved by these online platforms that enable efficient use of limited resources raised a new discussion on whether a similar governance model can be implemented by public administrations where public resources are insufficient. Cybercrime is one of these fields where most law enforcement agencies have not got enough resources to tackle these crimes. They need the human and technical resources of the private sector for a safer society. This book, for the first time, seeks the answers to this question. It examines the feasibility of online sharing economy platforms to enhance public-private partnerships to tackle cybercrime. The European Union Policing Agency, Europol, is the first police organization to adopt a similar model to interact with policing agencies and private industry. Drawing on extensive research, the book offers crucial insights for policymakers, researchers, and the public interested in new trends in sharing economy, innovative governance models, public-private partnerships, and cybercrime investigations.
Sharing Economy in Energy Markets: Modeling, Analysis and Mechanism Design
by Jianxiao Wang Haiwang Zhong Qing Xia Gengyin Li Ming ZhouThis book aims to incorporate an emerging successful business model, i.e., sharing economy, into energy markets, thus digging out the potential merits and applications in multi-energy sectors. With the core idea “access over ownership”, sharing economy enables the collaborative consumption of idle resources through advanced information and communications technology. One critical challenge is to identify different market participants’ occupation while accordingly designing pricing mechanisms. This book begins with an overview about the recent development of sharing economy in energy fields, and summarizes two energy market-related issues that sharing economy can hopefully address. One is how to quantify a marginal generator’s contribution and thereby elicit truthful bidding under information asymmetry condition. The other is how to distinguish renewable and distributed energy resources’ contribution and thus incentivize efficient aggregation considering increasing scale and uncertainty. Then sharing economy mechanisms are proposed and designed from a game theory perspective. On this basis, the following chapters thoroughly investigate the specific problems in spot markets, multi-area markets, renewable energy aggregation and energy systems integration. Additionally, the benefits brought by sharing economy are evaluated in terms of regional market bidding and transmission expansion deferral. Finally, the information and communications technologies related to sharing economy are modeled and analyzed. Hopefully, this book can greatly benefit the readers who are interested in energy economics and engineering.
The Sharing Economy in Europe: Developments, Practices, and Contradictions
by Andrzej Klimczuk Vida Česnuitytė Cristina Miguel Gabriela AvramThis open access book considers the development of the sharing and collaborative economy with a European focus, mapping across economic sectors, and country-specific case studies. It looks at the roles the sharing economy plays in sharing and redistribution of goods and services across the population in order to maximise their functionality, monetary exchange, and other aspects important to societies. It also looks at the place of the sharing economy among various policies and how the contexts of public policies, legislation, digital platforms, and other infrastructure interrelate with the development and function of the sharing economy. The book will help in understanding the future (sharing) economy models as well as to contribute in solving questions of better access to resources and sustainable innovation in the context of degrowth and growing inequalities within and between societies. It will also provide a useful source for solutions to the big challenges of our times such as climate change, the loss of biodiversity, and recently the coronavirus disease pandemic (COVID-19). This book will be of interest to academics and students in economics and business, organisational studies, sociology, media and communication and computer science.
Sharing Economy Platforms: A Casebook for Understanding Multiplayers in Sharing Economy Platforms
by Ruizhi Yuan Martin J. LiuThis book explores the sharing economy platforms of digitally-driven companies that bring economies of scale to bring consumers more choices. In China, digital platforms such as Pinduoduo and Meituan have pioneered a new sort of consumer economics. What's behind the rise of this new sort of economy? In this tightly argued book, Dr. Yuan and Prof. Liu explain what's driving the new economy, in a book of interest to marketing professionals, scholars, and economists.
Sharing Ecosystem Services: Building More Sustainable and Resilient Society (Science for Sustainable Societies)
by Osamu SaitoUsing “the sharing paradigm” as a guiding concept, this book demonstrates that “sharing” has much greater potential to make rural society resilient, sustainable and inclusive through enriching all four sharing dimensions: informal, mediated, communal and commercial sharing. The chapters are divided into two parts, one that focuses on case studies of the sharing ecosystem services in Japan, the other on case studies from around the world including in the regions of Africa, Asia-Pacific, South America and Europe. Reflecting the recent growing attention to sharing concept and its application to economic and urban context, this publication explores opportunities and challenges to build more resilient and sustainable society in harmony with nature by critical examination of sharing practices in rural landscapes and seascapes around the world. This book introduces not only traditional communal and non-market sharing practices in different rural areas, but also new forms of sharing through integration of traditional practices and modern science and technologies.
Sharing Hidden Know-How
by Katrina PughUsing knowledge that an organization already has is one of the great management ideas of the last fifteen years. Putting Knowledge to Work provides external consultants, internal facilitators, and leaders with a five-step process that will help them achieve their knowledge management goals. The five steps, Knowledge Jams, show how to set the direction, foster the correct tone, conduct knowledge capture event, and integrate this knowledge into the organization. In addition, the author introduces conversation practices for participants to effectively co-create knowledge and discover context.
Sharing is Good
by Beth BuczynskiCollaborative consumption is a new way of living in which access is valued above ownership, experience is prized over material possessions, and "mine" becomes "ours," allowing everyone's needs to be met with minimum waste. Bursting at the seams with hundreds of helpful tips and valuable resources, Sharing is Good is a practical guide to this new and exciting "sharing economy."
Sharing Profits
by John N. ReynoldsAny decision by a company on how it applies its profits to pay tax, remuneration or shareholder returns has ethical implications. Shareholders are entitled to earn a return, and accepted asset allocation methods can help promote equality of opportunity, but will irreconcilably conflict with wider concerns about inequality. Governments have failed to adapt legislation to match the business environment, notably with regard to the internet and globalisation, and have used tax as a source of comparative advantage while at the same time criticizing companies for tax avoidance. Sharing Profits reviews high-profile ethical issues facing companies in how profits are used, and proposes a framework for understanding the ethical implications of decisions. In this book, the author shows that while using ethical rules to put strict limits on executive remuneration is unlikely to work, it can provide a valuable framework for decision making. The book begins by examining the issues involved, and explains how business ethics can be applied practically. The author examines issues faced by shareholders, employees and the State, and questions the rights and duties of each using ethical frameworks and case studies. This book highlights the need for companies to adopt clear, prioritised ethical frameworks of rights and duties to make informed decisions on how profits are used, and to be transparent about what values are used and how they are implemented. It will be a valuable resource for readers interested in the ethics of tax, remuneration, shareholding and tax avoidance. "
Sharing Solution, The
by Janelle Orsi AttorneyFrom cars and tools to housing and childcare, many people would like to share resources but don't know how-or where-to start. The Sharing Solution is a timely practical and legal guide that explains how to create and maintain successful sharing arrangements while addressing common concerns about liability, communication, and more. This book will help anyone share: Meals and food, through bulk buying clubs, meal-sharing arrangements, community gardens, neighborhood fruit harvests, and more Household goods, from tools and toys to appliances and exercise equipment Cars, by sharing a car with a neighbor, starting or joining a car-sharing group, carpooling, or ride-sharing Caregiving, whether for pets, children, older family members, or relatives with disabilities Business resources, such as office supplies, equipment, space, and even employees Housing, whether by sharing a house, retrofitting a home to accommodate two households, or joining a cohousing community The Sharing Solution speaks to Americans' growing desire to not only live more sustainably, but also save money and create stronger communities. Sharing is a simple step anyone - young or old, rich or poor - can take, right now, to make a difference. Who can benefit from sharing? Busy parents looking for help with meals or pet care Retirees who are looking to share needed services Anyone concerned about the environment and wants to adopt a more sustainable lifestyle. Anyone who wishes to purchase property but can't afford a single-family home Professionals who work in community development Low-income families or those who require - or desire - a purchase that they cannot single-handedly afford The authors, attorneys Janelle Orsi and Emily Doskow, bring a visionary spirit to developing practical, logistical, and legal frameworks for many types of sharing arrangements. In the book, you will find: Sample written agreements for many kinds of sharing arrangements Step by step instructions for creating a sharing plan and sorting out logistics Legal explanations that are clear and accessible Ideas and examples of the creative ways that groups around the country have formed successful sharing arrangements Tips for communicating with your sharing partners and handling disputes Resources to help you find sharing partners, join existing sharing groups, and learn about helpful groups and organizations Useful checklists, charts, tables, and much more The ultimate beauty of sharing is that it's a solution we create for ourselves. It's not a government program, nor is it the "latest and greatest" product marketed to us on billboards. It's a solution based on our own needs and lifestyles, in our own communities. It's a way for each of us to shape our own lives in positive ways and simultaneously benefit the world as a whole. In that respect, sharing is more than a simple trend: Some might even say our society is moving toward a sharing revolution. We hope you'll use The Sharing Solution to become part of it.
Sharing the Burden?
by Benjamin ZylaSince the fall of the Berlin Wall, NATO's middle powers have been pressured into shouldering an increasing share of the costs of the transatlantic alliance. In Sharing the Burden? Benjamin Zyla rejects the claim that countries like Canada have shirked their responsibilities within NATO.Using a range of measures that go beyond troop numbers and defense budgets to include peacekeeping commitments, foreign economic assistance, and contributions to NATO's rapid reaction forces and infrastructure, Zyla argues that, proportionally, Canada's NATO commitments in the 1990s rivaled those of the alliance's major powers. At the same time, he demonstrates that Canadian policy was driven by strong normative principles to assist failed and failing states rather than a desire to ride the coattails of the United States, as is often presumed.An important challenge to realist theories, Sharing the Burden? is a significant contribution to the debate on the nature of alliances in international relations.
Sharing the Prize
by Gavin WrightThe civil rights movement was also a struggle for economic justice, one that until now has not had its own history. Sharing the Prize demonstrates the significant material gains black southerners made-in improved job opportunities, quality of education, and healthcare-from the 1960s to the 1970s and beyond. Because black advances did not come at the expense of southern whites, Gavin Wright argues, the civil rights struggle was that rarest of social revolutions: one that benefits both sides. From the beginning, black activists sought economic justice in addition to full legal rights. The southern bus boycotts and lunch counter sit-ins were famous acts of civil disobedience, but they were also demands for jobs in the very services being denied blacks. In the period of enforced desegregation following the passage of the Civil Rights Act of 1964 and the Voting Rights Act of 1965, the wages of southern black workers increased dramatically. Wright’s painstaking documentation of this fact undermines beliefs that government intervention was unnecessary, that discrimination was irrational, and that segregation would gradually disappear once the market was allowed to work. Wright also explains why white southerners defended for so long a system that failed to serve their own best interests. Sharing the Prize makes clear that the material benefits of the civil rights acts of the 1960s are as significant as the moral ones-an especially timely achievement as these monumental pieces of legislation, and the efficacy of governmental intervention more broadly, face new challenges.
Sharing the Rock: Shaping Our Future through Leadership for the Common Good
by Bill GraceIn this revolutionary new book, author Bill Grace presents an innovative leadership model designed to cultivate a worldview suited for today’s interconnected global society. He offers a framework for people aspiring to live for the good of others because they know that is ultimately the only way to thrive. Through concrete exercises, Sharing the Rock helps readers determine their deepest values, which Bill proves are the heart and soul of leadership. He then demonstrates how living by these ideals allows the advancement of the common good. Readers learn a practical model for integrating ethics into everyday life and how to make choices based on concern for all. Bill’s groundbreaking approach emphasizes attention to justice, care, and inclusiveness, and stresses the urgent need to adopt these practices immediately. Sharing the Rock presents seven principles at the core of this new leadership model. These include traditionally valued leadership traits, such as commitment and vision, and expand on them to include such important practices as seeking out the perspectives of the marginalized, welcoming unpopular points of view, and cultivating the leader’s genuine expression and voice.