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

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

by Muhammad Yunus, Karl Weber


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In the last two decades, free markets have swept the globe. But traditional capitalism has been unable to solve problems like inequality and poverty. In Muhammad Yunus' groundbreaking sequel to Banker to the Poor, he outlines the concept of social business—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 reveals the next phase in a hopeful economic and social revolution that is already underway.

Product Details

ISBN-13: 9781586486679
Publisher: PublicAffairs
Publication date: 01/05/2009
Edition description: Reprint
Pages: 320
Sales rank: 602,507
Product dimensions: 5.40(w) x 8.20(h) x 1.00(d)

About the Author

Muhammad Yunus, a native of Bangladesh, 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 were the recipients of the 2006 Nobel Peace Prize.

Table of Contents

Prologue: Starting with a Handshake     ix
The Promise of Social Business
A New Kind of Business     3
Social Business: What It Is and What It Is Not     21
The Grameen Experiment
The Microcredit Revolution     43
From Microcredit to Social Business     77
The Battle against Poverty: Bangladesh and Beyond     103
God Is in the Details     129
One Cup of Yogurt at a Time     149
A World Without Poverty
Broadening the Marketplace     165
Information Technology, Globalization, and a Transformed World     187
Hazards of Prosperity     203
Putting Poverty in Museums     223
Epilogue: "Poverty Is a Threat to Peace"-The Nobel Prize Lecture     235
For Further Information     249
Index     251

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Creating a World Without Poverty: Social Business and the Future of Capitalism 3.9 out of 5 based on 0 ratings. 9 reviews.
Guest More than 1 year ago
Professor Yunus brings another brilliant and practical approach to end poverty through the development of successful social businesses. The definition and objectives of social business are clearly outlined. Impact of social business to eradiate the poverty from the face of the earth and endless possibilities of other social benefits are beautifully discussed. The fundamental assumption by most economists that entrepreneurs are one-dimensional, in that most entrepreneurs resort to making money, is clearly challenged by the author. The concept of social business is documented with an example of Grameen Danone business where the goal of this self-sustaining organization is not to maximize profit but to remove malnutrition in children in Bangladesh. This has really made me a loyal customer of Danone products as this company is doing more than just making profit for its shareholders.
Andi182 on LibraryThing More than 1 year ago
Very inspiring book. It helps us maintain a perspective about what's really important. This is a must read book for sure.
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Jazmanian More than 1 year ago
This book is very informational and lays out a clear explanation of social business and how it differs from corporations, non profits, and governmental organizations. It is occasionally a tedious read that goes too in-depth into topic/story/opinion that begins to sound redundant, but overall it is a very enlightening book with a compelling concept for the future of business, especially the business of philanthropy and poverty eradication.
Allinalways More than 1 year ago
Great material. Great ideas. Difficult to get through. Comparable to "Long Road to Freedom" regarding Nelson Mandela.
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