Muhammad Yunus – The Social Business Model
March 8th, 2010 | by admin |
Complete video at: http://fora.tv/2008/01/17/Muhammad_Yunus_Creating_a_World_Without_Poverty
Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, explains his “social business” model, a plan for addressing social issues through entrepreneurship. This program was recorded in joint collaboration with the Commonwealth Club of California and Link TV.
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Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, speaks about his new book Creating a World Without Poverty.
Muhammad Yunus is founder and managing director of the Grameen Bank, established in Bangladesh in 1983. Dr. Yunus founded the bank with the objective of helping poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound principles of finances so they can help themselves.
The Grameen Bank has advanced to the forefront of a burgeoning world movement toward eradicating poverty through micro-lending and its model has been replicated in over 100 countries worldwide.
In 2006, Dr. Yunus was awarded the Nobel Peace Prize for his work with the Bank.
Duration : 0:5:34
[youtube 0C3XQ3BTd4o]
3 Responses to “Muhammad Yunus – The Social Business Model”
By RaySquirrel on Mar 8, 2010 | Reply
@qix2112 What makes …
@qix2112 What makes Yunus’s theories different from socialism is that Yunus’s theories are an improvement on private enterprise. I do not like to call anything socialism unless it focuses on creating state-run monopolies.
By omegavalerius on Mar 8, 2010 | Reply
If he can get it to …
If he can get it to work then all the more power to him. I’m saying we should focus on finding a way to make money out of making poor people less poor. If there is a buck to be made this way you get what decades of pleading for alms hasn’t, less poverty.
By qix2112 on Mar 8, 2010 | Reply
@omegavalerius That …
@omegavalerius That may be true, but the socialistic aspect is what makes Yunis’ ideas work. If we can get some aspects of socialism involved with the capitalistic U.S., than the U.S. can take advantages for their poorer class citizens, much like the porrer nations are now.