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Creating a World Without Poverty: Social Business and the Future of Capitalism Summary
- 1-23-2014
- Categorized in: Business Extracted - Our Blog
The SQUEEZE: Traditional capitalism has been ineffective in solving problems such as inequality and poverty, even though free markets continue to sweep the globe. It is within this context that Muhammad Yunus examines the concept of social business, where the creative vision comes from the entrepreneur. In Creating a World Without Poverty: Social Business and the Future of Capitalism, Yunus suggests that businesses should adopt a vision to solve many of the problems today that entail feeding the poor, housing the homeless, healing the sick, and protecting the planet. Yunus’s vision is significant in providing recommendations for creating a world without poverty.
Notable Endorsement: "An inspiring volume, full of practical information for people who are motivated to try out his ideas." -- Business Week
Common Q’s Answered by this Book:
- What are some goals businesses can adopt to solve global problems related to food shortages and homelessness?
- How has traditional capitalism contributed to the current social climate?
- What is the link between inequality and poverty?
About the Author: A Bengali economist and a banker, Muhammad Yunus invented the idea of micro-credit. A winner of the Nobel Peace Prize in 2006, Yunus founded a bank that would serve the entrepreneurial needs of the Bangladesh poor. Yunus received an education at Dhaka University and a Fulbright Scholarship for studies in economics at Vanderbilt University. Yunus was the head of the economics department at Chittagong University in 1972. Today, Yunus is the managing director of Grameen Bank. For more information, visit: http://bankertothepoor.com/?p=2.
Book Vitals:
- Publisher: Public Affairs (January 2009)