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There are cultural issues everywhere - in Bangladesh, Latin America, Africa, wherever you go. But somehow when we talk about cultural differences, we magnify those differences.
Muhammad Yunus
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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
Economist
Entrepreneur
University Teacher
Chattagram
Cultural
Wherever
Somehow
Everywhere
Differences
Magnify
Issues
Bangladesh
Talk
Latin
America
Africa
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By simply capitalizing on core strengths and knowledge, companies and entrepreneurs can engage in an emerging business model that will enable them to create - and demonstrate - real, sustainable social impact in society.
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Making money is no fun. Contributing to and changing the world is a lot more fun.
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Peace should be understood in a human way - in a broad social, political and economic way. Peace is threatened by unjust economic, social and political order, absence of democracy, environmental degradation and absence of human rights.
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I am proposing to create another kind of business, based on selflessness that is in all of us. I am calling it social business.
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All people are entrepreneurs, but many don't have the opportunity to find that out.
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I was trained to become an economist and I finished my work and I was teaching and did my PhD so I thought I did that. I prepared myself for that kind of road. But then I realized that I had not learned enough to solve the problem of poverty. So I distanced myself from the things that I learned and tried to learn anew about people.
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We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people.
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One day our grandchildren will go to museums to see what poverty was like.
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If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty.
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Poverty is not created by poor people. It is produced by our failure to create institutions to support human capabilities.
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...one cannot but wonder how an environment can make people despair and sit idle and then, by changing the conditions, one can transform the same people into matchless performers.
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Unprecedented technological capabilities combined with unlimited human creativity have given us tremendous power to take on intractable problems like poverty, unemployment, disease, and environmental degradation. Our challenge is to translate this extraordinary potential into meaningful change.
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Human creativity is unlimited. It is the capacity of humans to make things happen which didn't happen before. Creativity provides the key to solving our social and economic problems.
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I think, social business is the most logical thing to do. If we had done that, we could reduce all the problems we have.
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The process of breaking down fear was always my greatest challenge and it was made easier by the careful work and gentle voices of my female workers.
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Credit is a human right that should be treated as a human right. If credit can be accepted as a human right, then all other human rights will be easier to establish.
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Money commands everything because that's our interpretation of capitalism ... what kind of world is that? It's a very uncomfortable interpretation of a human being. We have been turned into robots.
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The developing world is full of entrepreneurs and visionaries, who with access to education, equity and credit would play a key role in developing the economic situations in their countries.
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..things are never as complicated as they seem. It is only our arrogance that prompts us to find unnecessarily complicated answers to simple problems.
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I was an economist now turning into a human being - as if these are two different things. I don't know but I did that and then I had no vision.
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