Creating a World Without Poverty

by Yunus, Muhammad

• ISBN13: 9781586484934
• ISBN10: 1586484931
• Format: Hardcover
• Copyright: 2008-01-07
• Publisher: Public Affairs

Summary

In the last two decades, free markets have swept the globe, bringing with them enormous potential for positive change. But traditional capitalism cannot solve problems like inequality and poverty, because it is hampered by a narrow view of human nature in which people are one-dimensional beings concerned only with profit.In fact, human beings have many other drives and passions, including the spiritual, the social, and the altruistic. Welcome to the world of social 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 Povertytells the stories of some of the earliest examples of social businesses, including Yunus's own Grameen Bank. It reveals the next phase in a hopeful economic and social revolution that is already under wayand in the worldwide effort to eliminate poverty by unleashing the productive energy of every human being.

Author Biography

Muhammad Yunus, a native of Bangladesh, was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became head of the economics department at Chittagong University. He 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. Yunus and Grameen Bank are winners of the 2006 Nobel Peace Prize.

Table of Contents

Prologue: Starting with a Handshake	p. ix
The Promise of Social Business
A New Kind of Business	p. 3
Social Business: What It Is and What It Is Not	p. 21
The Grameen Experiment
The Microcredit Revolution	p. 43
From Microcredit to Social Business	p. 77
The Battle against Poverty: Bangladesh and Beyond	p. 103
God Is in the Details	p. 129
One Cup of Yogurt at a Time	p. 149
A World Without Poverty
Broadening the Marketplace	p. 165
Information Technology, Globalization, and a Transformed World	p. 187
Hazards of Prosperity	p. 203
Putting Poverty in Museums	p. 223
Epilogue: "Poverty Is a Threat to Peace"-The Nobel Prize Lecture	p. 235
For Further Information	p. 249
Index	p. 251
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