“The community worked together towards prosperity.” This six word story encapsul

“The community worked together towards prosperity.”
This six word story encapsulates my topic for this class as well as my appreciation for what I have learned during this MBA course. The reasons for this are twofold. You might say one is idealistic while the other is realistic.
First, I believe that business should be about bringing a community together. This is a marked contrast from my attitude towards business prior to beginning this MBA course. Just a few years ago, I believed business simply to be a necessary evil, really we all should be gallivanting through some Arcadian garden paradise somewhere, and that any of this is necessary is just an accident of history. However, after learning about the rudiments of business management, I became convinced that every business is essentially a community venture. Whether it is a single family, a group of a few business partners, or the collection of shareholders in a public corporation, each is an example of a community that is interested in the continued success of the venture.
Second, I realize nevertheless that this is not a strictly altruistic function of the community. Each member of the community is chiefly interested in their own prosperity. In older times, it was understood that this selfish interest resulted in Thomas Hobbes’ view of the natural state of man, a state of constant war, and that it was only the threat of violence from a central government that forced people to cooperate towards its aims (Kharkongor, 2019). This is opposed by John Locke’s concept of the social contract in which the interest in prosperity fundamentally drives people together (Kharkongor, 2019). This is the basic hypothesis underlying stakeholder theory as it has developed over the past few decades. Hence, I will be exploring how stakeholder theory can help communities to work together towards prosperity during this session.
References
Karkongor, E. (2019). Thomas Hobbes and John Locke’s state of nature and social contract: A comparative analysis. International Journal of Humanities and Social Science Invention, 8(2), 16–19. https://www.ijhssi.org/papers/vol8(2)/Ser%20-%201/D0802011619.pdf