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

302 Pages·2016·2.89 MB·English

by  Muhammad Yunus

Table of Contents

Praise
Title Page
Dedication
Starting with a Handshake
Creating a World Without Poverty

ONE - The Promise of Social Business
Chapter 1 - A New Kind of Business
Is Government the Answer?
The Contribution of Nonprofit Organizations
Multilateral Institutions—The Development Elite
Corporate Social Responsibility
Capitalism Is a Half-Developed Structure
Note
Chapter 2 - Social Business: What It Is and What It Is Not
Social Business Profits Stay within the Business
Broadening the Landscape of Business
Two Kinds of Social Businesses
The Difference between Social Business and Social Entrepreneurship
What about a “Hybrid”?
Past Attempts to Combine Social Goals with Traditional Business
Where Will Social Businesses Come From?
Human Beings Are Multi-Dimensional

TWO - The Grameen Experiment
Chapter 3 - The Microcredit Revolution
The Birth of a “Banker to the Poor”
A Shift in Thinking
More Economic Blind Spots
The Evolution of Grameen Bank
The Evolving Grameen System
Microcredit around the World
The Return of the Moneylenders
Problems with Funding Microcredit
Mainstream Banks and Microcredit
Credit: The Vital Foundation
Note
Chapter 4 - From Microcredit to Social Business
Spreading the Word about Microcredit: Grameen Trust
Revitalizing an Age-Old Craft: Grameen Uddog and Grameen Shamogree
Promoting Entrepreneurship: Grameen Fund and Grameen Byabosa Bikash
Improving Rural Livelihoods: Grameen Fisheries and Livestock
Opening Opportunities for Young Minds: Grameen Shikkha
Linking Every Village to the World: Grameen Telecom and Grameen Phone
Renewable Energy for Rural Bangladesh: Grameen Shakti
Bringing Health Care to the Poor: Grameen Kalyan and Grameen Health
Care Services
Social Business: A New Economic Frontier
Chapter 5 - The Battle against Poverty: Bangladesh and Beyond
Poverty Programs That Work
Credit Comes First
Charity Is Not Always the Answer
Bangladesh and the Developed World
Toward Regional Peace and Prosperity
Bangladesh and Its Giant Neighbors
Bangladesh’s Strategic Location
The Mega-Port Can Be a Social Business
Chapter 6 - God Is in the Details
The First Planning Meeting
Fortified Yogurt for Children
In Search of Answers
A New Venture Takes Shape
New Ways of Thinking: In Production and Distribution
Finding the Winning Formula
The Official Launch
Chapter 7 - One Cup of Yogurt at a Time
A Sports Super-Hero Kick-Starts the Business
A Win for the Company, a Win for the Poor
Edible Cups?
Bringing Meaning to Business Life

THREE - A World Without Poverty
Chapter 8 - Broadening the Marketplace
Who Will Invest in Social Business?
Financing Grameen Danone
New Yardsticks for Evaluating Business
Tax and Regulatory Issues
Social Business and a World Transformed
More Than a Fantasy
Chapter 9 - Information Technology, Globalization, and a Transformed World
The Power of IT to Help the Poor
Tailoring Technology to the Needs of the Poor
Social Business and the IT Revolution
The IT Revolution and Democracy
Chapter 10 - Hazards of Prosperity
Economic Inequality and the Struggle over Global Resources
Spreading the Wealth and the Growth Dilemma
The Logic of Uncontrolled Growth
How Much Consumption?
Making Space for a New Set of Voices
Solving the Growth Dilemma
Notes
Chapter 11 - Putting Poverty in Museums
A Better World Starts with Imagination
Practical Steps toward the Dream-World of the Future
New Frontiers for Foundations
An End to Poverty

For Further Information
Index
Copyright Page
Praise for
Creating a World Without Poverty
“In corporate circles, the ‘double bottom line’—reaping profit and doing social
good—is all the rage. Muhammad Yunus . . . says we should go further. In
Creating a World Without Poverty, he sketches out a new type of company, one
that exists only to better people’s lives.”
—Barbara Kiviat, Time

“[Creating a World Without Poverty] succeeds in imparting the optimism that
allows Yunus to keep struggling against the overwhelming forces arrayed against
the Bangladeshi poor. By unlocking the potential of the overlooked—poor
mothers, uneducated beggars, migrant laborers—he has shown himself to be one
of Mohandas Gandhi’s unlikely heirs.”
—Austin-American Statesman

“Part seer, part George Bailey from ‘It’s a Wonderful Life,’ Mr. Yunus weaves a
narrative brimming with promise and common-sense logic.”
—David Cotner, Santa Barbara News-Press

“In this excellent work of popular economics, he tells the story of how he came
to the idea and the impressive results it has generated.”
—Winnipeg Free Press

“An inspiring volume, full of practical information for people who are motivated
to try out his ideas.”
—Business Week

“[I]n Creating A World Without Poverty, Nobel Peace Prize winner Muhammad