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Creating a World Without Poverty

by Muhammad Yunus

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The winner of the Nobel Peace Prize outlines his vision for a new business model that combines the power of free markets with the quest for a more humane world--and he tells the inspiring stories of companies that are doing this work today. 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.…

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"We went wrong in our depiction, our interpretation of the human being – we have done it in a very narrow way. In economics a human being is one dimensional – someone who devotes his or her life to making money. But human beings are in fact multi-dimensional. They are selfish, but at the same time they are selfless. You can’t extract just the selfish part of the person and build a whole economic theory out of it – everything is for me, everyone is doing things for themselves but they are not worrying about others. In fact, we are part of a bigger thing, we are linked to each other. I exist here today because everybody else exists otherwise I wouldn’t exist here. That part has been forgotten. So the selflessness – I want to change the world, I want to solve the problems, I want to make an impact – that part is not incorporated into economics."
A World Without Poverty · fivebooks.com