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Seminars on Economics - Creating A World Without Poverty - Jan 2009

Seminar 2 - Creating A World Without Poverty - Jan 2009

Creating A World Without Poverty: Social Business and the Future of Capitalism is a very interesting talk given by Nobel Peace Laureate Muhammad Yunus who outlines his vision for a new business model. He starts with a summary of how Grameen Bank works and how it has successfully help the poor in Bangladesh by providing small loans mainly to women to start businesses. He gives an interesting account of how this model is extended to help beggars to become self-reliant. They have also started a project in New York and despite the stark differences with circumstances in Bangladesh they were able to achieve similar success. Muhammad Yunus advocates for a social business model and as examples describes Grameen's joint ventures with a number of companies to produce affordable yoghurt and drinking water for the poor in Bangladesh.

This talk was given on Jan 27, 2009 at Columbia University in the School of International and Public Affairs (SIPA). The event was co-sponsored by Center for the Study of Human Rights, Center for the Humanities, SIPA's Economic & Political Development Concentration, and Committee on Global Thought.

Muhammad Yunus
Creating A World Without Poverty: Social Business and the Future of Capitalism
(Princeton University: UChannel)
http://www.youtube.com
Date accessed: 2009-03-12
License: Creative commons BY-NC-ND

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