Economist Muhammad Yunus provides examples of how the good work he advocates is happening around the world. He synthesizes the arenas of business and beneficence to produce a hybrid: “social business,” which promotes personal self-sufficiency and the popular good through commercial activities. He believes that even the most impoverished people possess entrepreneurial potential and that selfless, profit-oriented businesspeople are seeking to engage in social business. Yunus argues that the social business concept could result in “zero poverty, zero unemployment and zero net carbon emissions.”
About the Author
Muhammad Yunus, PhD, founded the Grameen Bank and the microcredit movement, for which he and the bank jointly received the 2006 Nobel Peace Prize.
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5 months agoLending is not the solution, investing in the solution. Instead of lending money, INVEST in shares of the companies owned by the POOR.