Journal of Social Business JSB Vol. 5(1) April 2015/ISSN2045-1083 Page 30 Social Business: A Formal View and Review of the Social Business in Latin America - Some Working Examples ROBERTO ACEVEDO 1 Universidad Mayor San Pio X No. 2422 Providencia, ZIP: 7510041 Santiago, Chile BERNARDO JAVALQUINTO 2 Escuela de Negocios Sociales Juan Crisóstomo Jaque No. 2281 Providencia, ZIP: 7510352 Santiago, Chile Abstract: This work is about the variety of experiences we have mainly had as far as Social Business School (SBS) is concerned in Latin America. In many countries, governments regard these schools so as to seduce people to believe in a somehow utopian view of economy. In addition, some people might also believe that this new approach to Social Business may result in a source of political support from the population (so as to be elected and/or be reelected in office). This is a rather unexpected view since by the end of the day, the rich get richer and the poor get poorer (the profit has been corporatized and loses socialized). We find a great interest in the analysis of the applicability of SBS to people in some countries of South America, and have realized that many young people are found to live below the poverty line, despite their efforts to find a reasonable job in an either rather small or unbalanced economy. This situation is indeed neither encouraging nor illuminating, so we are positive that a stronger involvement of academics can result in a change of politicians‟ view and therefore in an improvement of economy, turning into a new available growth-oriented strategy for these nations. Keywords: Social Business School, Poverty Solutions, Sustainable Economy 1 Prof Roberto Acevedo, Universidad Mayor, San Pio X No. 422, Providencia. ZIP: 7510041, Santiago, Chile. He is corresponding author for the paper. Contact Email: roberto.acevedo.llanos@gmail.com 2 Dr Bernardo Javalquinto is Escuela de Negocios Sociales, Juan Crisóstomo Jaque No. 2281. Office 808. Providencia. ZIP: 7510352, Santiago, Chile. Contact Email: bjavalquinto@gmail.com; bjavalquinto@ensglobal.org