Creating a World Without Poverty
by Muhammad Yunus
Nobel Peace Prize-winner Muhammad Yunus argues that social business is an achievable way of exploiting capitalism to help the poor. Yunus moves the debate beyond the argument that the rich should donate to the poor and says the free market can be used to the advantage of the poor. Policymakers and philanthropists can learn from this.
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“This is about how the whole theoretical framework of economics needs to be redesigned. All the problems that are created in the world, like the financial crisis going on right now, the food crisis, environmental crisis, energy crisis – all these crises one after the other are not separate crises, they are separate manifestations of the same crisis. That crisis comes from the way we have designed the architecture of economics.” Read more...
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Muhammad Yunus, Economist