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Freedom in the air

Dr Muhammad Yunus

Redesigning economics to redesign the world

Redesigning economics to redesign the world

WILL the present economic system be able to establish appropriate level of moral, social, and material balance in the world?   I don't think it can. The present system is like an impersonal sucking machine which thrives on continuously sucking juice from the bottom to the top. The higher you are in the system, the more juice you are able to suck. It is not because bad people are running the machine; just that the machine is built that way. The system was not designed to have any moral responsibility....

Social Business for Community Tourism

THE globally acclaimed concept 'social business' of Prof. Dr. Muhammad Yunus, can be linked with the community tourism development of Bangladesh. The social business concept helps in tourism product diversification, employment generation, tourism promotion among the local community. One of the key issues for sustainable tourism development is community benefit. Local community through social business can easily be involved in different activities of community tourism development like handicrafts production and promotion, local food production in hygienic manner, cultivation of...

We are not job-seekers, we are job-givers

We are not job-seekers, we are job-givers

Grameen Bank started out with a tiny initiative in the village of Jobra in 1976. In 1983 it became a formal bank. Now in 2014 it has over 8.5 million borrowers. Right from the beginning we paid attention to two things: (1) Borrowers build the habit of savings by putting money every week...

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If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas.   — George Bernard Shaw...

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