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Individual Business And Leadership Weaknesses Consequences On Society Welfare And Poverty Formation

Author

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  • Budiono Gatut

    (University of Pancasila, Indonesia)

Abstract

The failure of economical welfare formation based on state weaknesses leadership lead and plans economical activities priority of individual business interest profit motives. Paternalistic political system turn liberal democracy economy which is not genuine cultural economy values has created social unrest and complicated interactions among society and in just causing some broad spectrum social problems and lack ability to improve welfare and even creating poverty. This was happen due to obscurity leadership weaknesses negotiating economical activities with foreign investors and results foreign investors have business and economic activities control exceedingly due to neo liberal democratic economy and disregard natural cultural genuine business system, economic and cultural values which has correctness proven and experienced nature inhabitant society past century to solve economy or political problem.

Suggested Citation

  • Budiono Gatut, 2013. "Individual Business And Leadership Weaknesses Consequences On Society Welfare And Poverty Formation," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 8(1), pages 11-19, April.
  • Handle: RePEc:blg:journl:v:8:y:2013:i:1:p:11-19
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