creating a world without poverty summary
This is no untried, pie-in-the-sky proposal. Multilaterals and Nonprofit organizations on their part could be efficient in poverty alleviation if they seized from being selfinterested or if funds will flow even in difficult times, precisely when the poor are in the greatest need. Coming up next year, we have Yunus' next book where he goes into some of the issues raised here, including the practical work and accomplishments of microfinancing as one way to fight poverty. Whatever we select for our library has to excel in one or the other of these two core criteria: Enlightening – You’ll learn things that will inform and improve your decisions. Providing borrowers with the knowledge on how to become successfull entrepreneurs is key. We rate each piece of content on a scale of 1–10 with regard to these two core criteria. Bold – You’ll find arguments that may break with predominant views. This is an interesting theory, building on the wisdom that the love of money is the root of evil; i.e. Looking at poverty through a single lens—be it individual, organizational, or community—will getAbstract recommends it to forward-thinking business leaders and entrepreneurs who want their projects to benefit not just themselves but their societies at large. What is the purpose of life and entrepreneurship if it can not benefit societies at large? It is however imperative to add that justice must prevail with ethical considerations and so as human beings, we cannot indulge in selfish attitudes by eliminating ourselves from our environment. Like “Human beings are not just workers, consumers, or even entrepreneurs. Access a free summary of Creating a World Without Poverty, by Muhammad Yunus and 20,000 other business, leadership and nonfiction books on getAbstract. In “Creating A World Without Poverty,”, Yunus talks about social businesses and the future of capitalism. I am not opposed to making profit. Creating a World Without Poverty tells the stories of some of the earliest examples of social businesses, including Yunus's own Grameen Bank. Well structured – You’ll find this to be particularly well organized to support its reception or application. Fighting poverty is both a moral imperative and a necessity for a stable world. Creating a world without poverty : social business and the future of capitalism. Free-market economics has taken root in China, Southeast Asia, much of South America, Eastern Europe, and even the former Soviet Union. The satisfaction gained in achieving the stated social goals are the only motive behind the investment, and the business will be evaluated according to that standard. Yunus’s concepts bring to mind Archbishop Desmond Tutu’s description of the South African concept of Ubuntu: “We think of ourselves far too frequently as just individuals, separated from one another, whereas you are connected and what you do affects the whole world. Analytical – You’ll understand the inner workings of the subject matter. In a highly objective way, it also points out the inefficacies of other social vehicles that may have a good intent but bad operating model. If you don't have collateral, you are not credit worthy. ‘The context for a World Without Poverty’ is a paper that is part of a series for a project that the Webb Memorial Trust (WMT) and Compass conduct together to develop a Theory and Practice of Change for a World Without Poverty. It is therefore futile to attempt to deal with environmental problems without a broader perspective that encompasses the factors underlying world poverty and international inequality. 288 pages (PublicAffairs, 2008) The title of Muhammad Yunus’ new book, Creating a World Without Poverty, gives a sense of his vision’s sweep, but only hints at his ambition. This document is a summary of Oxfam Germany’s Strategic Plan, which sets out the frame- ... demanding that governments create the legal framework needed to ensure that civil society can organise and exercise its rights. Business objective will be to overcome poverty, or one or more problems (such as ed... A social business is a non-dividend company dedicated entirely to achieve a social goal. They reinvest their profits in expansion, so they can benefit more people. That seems to imply those that won't work should be equal in wealth to those that want to achieve and rise to a higher level. From small beginnings, Dr Yunus and his colleagues built a multi-billion dollar social business by helping others to help themselves. Our success with this in my own country has been widely replicated all over the world including in some of the richest countries; and the Nobel Peace Prize 2006 for Grameen Bank and myself is one recognition of that success. Social business is proposed and it is a "non-loss, non-dividend business" (Yunus, 2007). On the other hand a huge project such as the Deep-Sea Mega Port in Bangladesh, which I have been advocating for, which will be used by several countries in the whole region and can potentially change the economic face of Bangladesh, can be built as a social business owned by the poor women of the country. Stories to Lift Your Spirit. Helpful – You’ll take-away practical advice that will help you get better at what you do. Though they like to talk about triple bottom lines of financial, social, and environmental benefits, ultimately only one bottom line calls the shot: financial profit. In fact, humans have other … This book certainly makes me realize that having good ideas (as I'm sure we all have from time to time) is one thing, but as I believe an old Indian proverb says "a pearl is worthless as long as it is still in its shell". I think the added value is that we can make a difference in the social sector and still use the strategies of the Business world. measuring poverty, or on analysing earnings inequality. Find many great new & used options and get the best deals for Creating a World Without Poverty : Social Business and the Future of Capitalism by Muhammad Yunus (2008, Hardcover) at the best online prices at eBay! A moral imperative and a necessity for a stable world distributed around the globe creating a world without poverty summary still live cities! 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