Biography & MemoirBusiness & LeadershipBusiness Biography & MemoirBusiness Biography & HistoryDevelopmentPrivate Sector Biography & Memoir
In the last two decades, free markets have swept the globe. 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 businessbusiness 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.
Topics: Capitalism, Ethics, Globalization, Economy, Wealth, Government, Informative, Poverty, Social Change, and Essays
Published: PublicAffairs on Dec 7, 2007
Very inspiring book. It helps us maintain a perspective about what's really important. This is a must read book for sure.read more
very thought provoking, just like his previous book Banker to the Poor(?). it's founded on the same philosophical basis as countless other poli/econ works - capitalism isnt a perfect reflection of the human spirit. under capitalism, legally, a company must promote shareholder interest first. the so called "social accounting" or "environmental accounting" etc are undermined constantly by the requirement to seek max profit.yunus promotes the concept of a social business, listed in a 'social stock market,' where the rules are adjusted to better serve poverty reduction than inefficient ngo/multilaterals.social businesses seek profit, but they reinvest profit in expansion instead of going to investors. expansion helps more poor. investors dont expect great returns, often only expect their money returned. an interest free loan. charity, but charity that keeps giving.a really strong book! yunus is definetly one of the best econ authors ive found.best yet, his works are proved by actiongoogle grameen banki must add that overpaid, over cultured, over wined, over dressed, over sophisticated and under stressed NGO employees that seem to travel the world and pawn off NGO merchandise as a seemingly meaningless excuse for personal travel and bragging rights and extra credentials are an extreme pet peeve of mine. these institutions really need to be wal-mart-ized. you dont send a phd woman in a $250 dress to fly over to uganda to hand out a potato masher worth $.11 to rural farmers who would have rather received a hose worth $.5huff huffread more