Muhammad Yunus – The Social Business Model
Complete video at: fora.tv 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. —- 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.
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Hi @RaySquirrel, that sounds great. What is your SB model like? I would love to learn more about it. Cheers, Patrik
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@666norton420 Same with me. Only I’m doing it the other way around. Making a movie to start a social business, so I can have the money to make a series of movies.
personally, i’ve written a movie series, so i might one day makes an assload of money and start a “social business”.
we all must ry tand do our part.
;d
VEry nice effort.s… Good Luck with mr. Muhammad Younas…
overpopulation is the cause of pollution and now we feed the poor in order to make them recruitable for the corporate. It looks like we grow our children to serve the corporate which at the end pollute and consume all the resources of the Earth.A profit maximisation can be reach also by feeding and maintaining healthy the majority poor uneducated but potential cheap labour for the corporate, isn’t it?…this is total paradox.
@bogsider16
Why are the rich still trying to “maximize profits” when they could spend all that money on such projects? Your real world, which you seem to love so much sucks as hell my friend.
@MrsUpde3
It can definitely work, but people (especially the rich) are too greedy.
Excellent ideas, if everyone thought like Mr. Yunus the world would become a Paradise without poverty and wars.
Truly amazing. If only it could work that way!
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@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.
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.
@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.
god bless this man !!!!! puuuure genius
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I believe in the moral mnagement of money.
Dr Yunus is a genius in a way that he could find a way to make this very simple idea work efficiently in a very large scale first in his own Bangladeshi society then in other countries.
you are a great man Doctor
deep respect
If we are to make progress we must make the connection between the underlying law of nature and the subject of Yunus’ talk.
pure genius
Muhammad Yunus idea of micro credits first given to Bangladeshi women and later on to the entire third world is nowadays well picked up by profit maximizing western banks, BECAUSE it is profitable for them. Try to get in literature of or about Muhammad Yunus and you will easily see that it is no dream world he has dedicated his life for. This is best practice for a solid basis of a peaceful co-existence of mankind.
I am sorry, but I cannot agree with you. Yunus received together with his Grameen Bank the Nobel Peace Price. So a mix of profitable and non profitable ventures really does have a bright future due to the economic instability in many poor countries. Furthermore, there is also something called love for your fellow people, maybe we should all think about that.
The only people I know who are in debt are those who have bought a house within the past 10 years.
The problem in the U.S is not privately owned banks. Its the failing of the State to provide simple basic rules for the economy and even more its the fault of over consumption. I don’t have much sympathy for people who’s financial misery is self inflicted. China is a capitalist country with private banks. What is your point? Do you mean to say that democracy is not necessary for progress?
With the current banking system, almost every other person is burdened with debts. It only create illusion of prosperity, but it comes crashing down once the bubble bursts. Just look at US for example. Even companies like Intel and AMD are in loss, while banks like barklays still made millions during recession. The problem with capitalism is that it very much favors the parasitic bankers, which actually earn by doing nothing! Capitalism is not a must for Industrial Progress. China is an example!
A socialist banking system then? I’m sorry but the free market has a superb track record compared to socialism in its economic variations. I live in a country which is quite socialist compared for example to the States, but our prosperity would be impossible to maintain without a fully free market and the entrepreneurship that is its engine.