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

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

Author: Muhammad Yunus
Edition: Hardcover
Published: 2008-01-07
ISBN: 1586484931
Number of pages: 296
Publisher: PublicAffairs

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

Book Review: Thought-provoking proposal
Summary: 5 Stars

In this excellent, provocative book, Nobel Peace Prize winner Muhammad Yunus sets forth his vision for a new kind of enterprise, social business, managed according to businesslike principles but with the uncapitalistic objective of social benefit. This is no untried, pie-in-the-sky proposal. Yunus pioneered this business model when he founded the world-famous microcredit financial institution, Grameen Bank. More recently, working with France's Groupe Danone, he set up a business to produce and market fortified yogurt in Bangladesh. This book tells the story of the author's involvement in social businesses and offers stimulating suggestions for their future evolution. getAbstract recommends it to forward-thinking business leaders and entrepreneurs who want their projects to benefit not just themselves but their societies at large.

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

In the last two decades, free markets have swept the globe, bringing with them enormous potential for positive change. But traditional capitalism cannot solve problems like inequality and poverty, because it is hampered by a narrow view of human nature in which people are one-dimensional beings concerned only with profit.

In fact, human beings have many other drives and passions, including the spiritual, the social, and the altruistic. Welcome to the world of social 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 tells the stories of some of the earliest examples of social businesses, including Yunus's own Grameen Bank. It reveals the next phase in a hopeful economic and social revolution that is already under way—and in the worldwide effort to eliminate poverty by unleashing the productive energy of every human being.

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