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9781586484934

Creating a World Without Poverty: How Social Business Can Transform Our Lives: Social Business and the Future of Capitalism

Muhammad Yunus

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9781586484934: Creating a World Without Poverty: How Social Business Can Transform Our Lives: Social Business and the Future of Capitalism

The winner of the 2006 Nobel Peace Prize outlines his vision for a new business model that combines the power of free markets with the quest for a more humane world - and tells the inspiring stories of companies that are doing this work today. Over 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 Poverty" tells the stories of some of the earliest examples of social business, including Yunus's own Grameen Bank. It reveals the next phase in a hopeful economic and social revolution that is already under way - and in the worldwide effort to eliminate poverty by unleashing the productive energy of every human being.

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"(I)n Creating A World Without Poverty, Nobel Peace Prize winner Muhammad Yunus argues convincingly that social business is an achievable way of exploiting capitalism to help the poor. Yunus moves the debate beyond the tired argument that the rich should simply donate to those less privileged, and demonstrates that the free market can in fact be used to the advantage of the less well offThis book is a must-read for policymakers or philanthropists, and its conversational style and straightforward logic also make it appealing to the layperson." --Scotland on Sunday

About the Author:

Muhammad Yunus, a native of Bangladesh, was educated at Dhaka University and studied economics at Vanderbilt University, USA. 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.

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