Creating a World Without Poverty: Social Business and the Future of Capitalism
| Author | : | |
| Rating | : | 4.54 (843 Votes) |
| Asin | : | 1586486675 |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 2015-05-12 |
| Language | : | English |
DESCRIPTION:
This volume efficiently recounts the story of microcredit, then discusses Social Business, organizations designed to help people while turning profits. All rights reserved. From Publishers Weekly Economics professor Yunus claims he originally became involved in the poverty issue not as a policy-maker, scholar, or researcher, but because poverty was all around me. The bank is solidly profitable, with a 98.6% repayment rate. Thirty-three years later, the Grameen Bank has helped seven million people live better lives building businesses to s
Interesting, but overly ambitious and impractical Dr. W With all due respect to this Nobel Prize-winning leader in building businesses that serve the world's poor in innovative ways, the second half of this book is flawed in its appraisal of the likelihood, or even the usefulness, of transforming the global structure of capitalism and creating a new economic model of "social business," which the author defines as businesses funded by investors who only expect to get their initial capital investment back. Breaking even in their operations would be the minimum expectation for such businesses, with long-term expectations. "Muhammad Yunus’ "Creating World Without Poverty – Social Business and the Future of Capitalism" describes a fantastic idea and t" according to Antal Halmos. I have commented Muhammad Yunus’ „Creating World Without Poverty – Social Business and the Future of Capitalism” in my blogposts. If you allow I use them here as well:I. Muhammad Yunus’ "Creating World Without Poverty – Social Business and the Future of Capitalism" describes a fantastic idea and the implementation of this superhuman task: to extend credit to the most poor and to establich social businesses. A remedy from below. He is succesful: Grameen (his bank) methods are applied in projects in 58 countries, including the US. "broadening the ownership of capital" according to Drew Field. Creating a World Without Poverty: Social Business and the Future of Capitalism, Muhammad Yunus, Public Affairs, 2007Muhammad Yunus is a hero to those of us who seek to broaden the ownership of business. As a Bangladeshi economics professor, he wanted to do something about the crushing hunger and poverty he saw around him. He gathered broadening the ownership of capital Drew Field Creating a World Without Poverty: Social Business and the Future of Capitalism, Muhammad Yunus, Public Affairs, 2007Muhammad Yunus is a hero to those of us who seek to broaden the ownership of business. As a Bangladeshi economics professor, he wanted to do something about the crushing hunger and poverty he saw around him. He gathered 42 borrowers from the village near his campus and lent them a total of $27 from his own pocket. He followed that by guaranteeing bank loans to the poor. In 1983, he started Grameen Bank, which shared with him the 2006 Nobel Peace Pri. 2 borrowers from the village near his campus and lent them a total of $27 from his own pocket. He followed that by guaranteeing bank loans to the poor. In 198broadening the ownership of capital Creating a World Without Poverty: Social Business and the Future of Capitalism, Muhammad Yunus, Public Affairs, 2007Muhammad Yunus is a hero to those of us who seek to broaden the ownership of business. As a Bangladeshi economics professor, he wanted to do something about the crushing hunger and poverty he saw around him. He gathered broadening the ownership of capital Drew Field Creating a World Without Poverty: Social Business and the Future of Capitalism, Muhammad Yunus, Public Affairs, 2007Muhammad Yunus is a hero to those of us who seek to broaden the ownership of business. As a Bangladeshi economics professor, he wanted to do something about the crushing hunger and poverty he saw around him. He gathered 42 borrowers from the village near his campus and lent them a total of $27 from his own pocket. He followed that by guaranteeing bank loans to the poor. In 1983, he started Grameen Bank, which shared with him the 2006 Nobel Peace Pri. 2 borrowers from the village near his campus and lent them a total of $27 from his own pocket. He followed that by guaranteeing bank loans to the poor. In 1983, he started Grameen Bank, which shared with him the 2006 Nobel Peace Pri. , he started Grameen Bank, which shared with him the 2006 Nobel Peace Pri
But traditional capitalism has been unable to solve problems like inequality and poverty. In Muhammad Yunus' groundbreaking sequel to Banker to the Poor, he outlines the concept of social business—business where the creative vision of the entrepreneur is applied to today's most serious problems: feeding the poor, housing the homeless, healing the sick, and protecting the planet. Creating a World Without Poverty reveals the next phase in a hopeful economic and social revolution that is already underway.. In the last two decades, free markets have swept the globe
Yunus and Grameen Bank were the recipients of the 2006 Nobel Peace Prize.. Muhammad Yunus, a native of Bangladesh, is the founder and managing director of Grameen Bank, a pioneer of microcredit, an economic movement that has helped lift millions of families around the world out of poverty