ARRAY(0xaccdc87c)
 
Customer Review

8 of 8 people found the following review helpful
3.0 out of 5 stars brilliant man, some interesting ideas, not life changing, 21 July 2008
By 
Verified Purchase(What is this?)
This review is from: Creating a World Without Poverty: How Social Business Can Transform Our Lives: Social Business and the Future of Capitalism (Hardcover)
Muhammad Yunus is obviously a brilliant man and the work he has been involved with in Bangladesh is impressive. I was familiar with his work with Grameen Bank before I read this book but had not read any of his other books.

This book is written in an easy to read style and is mostly Yunus' personal manifesto for ending poverty in the world. I suspect if you have read his other book then there will be quite a lot of repetition in this one.

The book seems to be mostly based around four themes.

1. The Grameen Bannk and related companies and their success (mainly) as a tool to empower poor women and allow them and their families to escape poverty in Bangladesh.

2. Some ideas for his models of 'social businesses' no-loss, no-dividend which operate with own stock market, investors guaranteed start up money back but no profit, ideally long term ownership by the poor communities served. He emphasises the limitations of profit maximising companies to meet all the needs of humans in terms of our desire to do good.

3. One example of a social business set up between Grameen and Danone.

4. Various other factors on Yunus' wish list of solving world problems and the requirements for international regulation and consensus as well as local 'social forum' solutions.

There are some interesting ideas and Yunus probably has the energy and vision to see some of them realised. I did not find them as ground breaking and life changing as I kind of expected from other reviews I'd read.

The one element that I found very useful was the 'Sixteen Decisions' that Grameen borrowers have to commit to. These 16 factors are used to measure whether a family is poor or not or has moved out of poverty. None of them had specific monetary values but instead included the following:

-We shall grow vegetables all year round. We shall eat plenty of them and sell the surplus.
-We shall build and use pit latrines

Also judging poverty by factors such as if people still slept directly on a mud floor or not.

Worth reading. A little too much repetition. Perhaps a little too idealistic - although his works probably mean I shouldn't say that. Have read better development books. Although perhaps this is more a treatise on the limitations of current economic theory for layman than a development book.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No

[Add comment]
Post a comment
To insert a product link use the format: [[ASIN:ASIN product-title]] (What's this?)
Amazon will display this name with all your submissions, including reviews and discussion posts. (Learn more)
Name:
Badge:
This badge will be assigned to you and will appear along with your name.
There was an error. Please try again.
Please see the full guidelines ">here.

Official Comment

As a representative of this product you can post one Official Comment on this review. It will appear immediately below the review wherever it is displayed.   Learn more
The following name and badge will be shown with this comment:
 (edit name)
After clicking on the Post button you will be asked to create your public name, which will be shown with all your contributions.

Is this your product?

If you are the author, artist, manufacturer or an official representative of this product, you can post an Official Comment on this review. It will appear immediately below the review wherever it is displayed.  Learn more
Otherwise, you can still post a regular comment on this review.

Is this your product?

If you are the author, artist, manufacturer or an official representative of this product, you can post an Official Comment on this review. It will appear immediately below the review wherever it is displayed.   Learn more
 
System timed out

We were unable to verify whether you represent the product. Please try again later, or retry now. Otherwise you can post a regular comment.

Since you previously posted an Official Comment, this comment will appear in the comment section below. You also have the option to edit your Official Comment.   Learn more
The maximum number of Official Comments have been posted. This comment will appear in the comment section below.   Learn more
Prompts for sign-in
 

Comments

Tracked by 1 customer

Sort: Oldest first | Newest first
Showing 1-1 of 1 posts in this discussion
Initial post: 25 Aug 2011 12:44:37 BDT
Al Ugood says:
I would be interested in knowing what the better development books you have read are.

Potential social entreprenuer.
‹ Previous 1 Next ›

Review Details

Item

Reviewer


Location: UK

Top Reviewer Ranking: 11,734