Creating a World Without Poverty: Social Business and the Future of Capitalism

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9781586484934: Creating a World Without Poverty: Social Business and the Future of Capitalism

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 Poverty tells 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 way—and in the worldwide effort to eliminate poverty by unleashing the productive energy of every human being.

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About the Author:

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.

Excerpt. © Reprinted by permission. All rights reserved.:

YUNUS, MUHAMMAD: CREATING A WORLD WITHOUT POVERTY: SOCIAL BUSINESS AND THE FUTURE OF CAPITALISM. PUBLIC AFFAIRS, NEW YORK, 2007, 261 PP.

[ILUSTRACIÔN OMITIR]

Muhammad Yunus, nacido en Bangladesh, paîs de antigua cultura y vecino de India, hoy uno de los mâs pobres y poblados del mundo (mâs de 1.000 habitantes por [km.sup.2] y una poblaciôn que bordea los 150 millones), es un economista que se dio a conocer mundialmente cuando publicô un bestseller sobre su experiencia del Grameen Bank, empresa de microcrêdito sin fines de lucro. Esta surgiô a fines de los aòos '70, cuando descubriô que mujeres de aldeas vecinas a la universidad donde êl ejercîa...

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