Muhammad Yunus, the practical visionary who pioneered microcredit and, with his Grameen Bank, won the 2006 Nobel Peace Prize, has developed a visionary new dimension for capitalism which he calls "social business." By harnessing the energy of profit-making to the objective of fulfilling human needs, social business creates self-supporting, viable commercial enterprises that generate economic growth even as they produce goods and services that make the world a better place.In this book, Yunus shows how social business has gone from being a theory to an inspiring practice, adopted by leading corporations, entrepreneurs, and social activists across Asia, South America, Europe and the US. He demonstrates how social business transforms lives; offers practical guidance for those who want to create social businesses of their own; explains how public and corporate policies must adapt to make room for the social business model; and shows why social business holds the potential to redeem the failed promise of free-market enterprise.
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"CHOICE," September 2010
"In nine short, well-written chapters, Yunus provides genuine insight into global poverty and a unique perspective on the ways in which social businesses can coexist with traditional businesses to alleviate poverty and improve the lives of the world's citizens." "Malaysia Star," July 10, 2010"'Social business is about joy, ' says Yunus. Indeed, and the book itself is joy to read. In modest prose, Yunus tells of undertakings that instill hope. He also gives a lot of ideas, along with nuts-and-bolts practical advice for people who are ready to take the plunge into the world of social business. In the years to come, it seems certain that social business will become an integral part of our economic structure and will positively change the lives of many people." "Daily Times" (Pakistan), August 7, 2010"Yunus may be an astute (social) businessman, but he also has a savvy side. He is quick to point out that working for any social business does not mean lowering one's standards, for they offer employees competitive salaries and benefits; it simply means not profiting from the poor...Yunus has a Nobel Peace Prize 2006 (shared with Grameen Bank) to show for his efforts, and is already playing around with the building blocks of a new poverty-free world order." "The Spectator," June 2010"[A] reminder that capitalism can take kindlier forms: microfinance pioneer Yunus explains how he believes social enterprise can redeem what he regards as the failed promise of free markets." "Sacramento Book Review," June 22, 2010"Giving poor people the resources to help themselves, Dr. Yunus has offered these individuals something more valuable than a plate of food, namely security in its basic form.... Dr. Yunus has invoked a new basis for capitalism whereby social business has the potential to change the failed promise of free market enterprise." "The Independent," June 6, 2010
"There are times when Professor Yunus' aims for Glasgow sound like something ou
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About the Author
Muhammad Yunus was born in Chittagong, a sea-port in Bangladesh. The third of fourteen children, he was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became head of the economics department at Chittagong University. He is the founder and managing director of Grameen Bank. Yunus and Grameen Bank are winners of the 2006 Nobel Peace Prize.
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By Rolf Dobelli
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Format:Hardcover
Muhammad Yunus, founder of Grameen Bank, a microcredit lender, won the Nobel Peace Prize for his contributions to fighting world poverty. Although the government of Bangladesh eventually forced him to leave the bank (possibly for political reasons), his views still convey great force. Yunus espouses an economy that embraces humanity as a pool of positive potential. His book, written with Karl Weber, lays out a blueprint for "social business." It details compelling case studies of how various Grameen enterprises handle everyday market problems. getAbstract recommends it to executives who want to enfranchise good works, and to garage-office entrepreneurs and public policy technocrats who believe in a world with less poverty, but who need a little guidance to get there.
By IMAM ARAFAT
Format:Hardcover|Amazon Verified Purchase
I admire Yunus and his works. We have to wait and see whether the ideas he put in this book gonna work or not but its definitely worth giving a try because everything else is failing!!. This book will inspire everyone who is involved in fighting poverty.
By TonyR
Format:Hardcover
This is a fascinating book from a dedicated individual. It details his start in the microfinance industry and how that grew into the group that it is today. He highlights some of the social enterprises that Grameen have supported and where the pros and cons lie. Easy to read and always to the point, well worth reading for anyone interested in development or alternative models for finance.
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