Blog year2008 in october is about ending poverty http://events.takingitglobal.org/20255 so we hope this week's syndication to 100 blogs will exponentialise to tens of thousands of blogs by then, with a little help from friends like you
sustainability club http://sustainabilityclub.com
social business club http://www.socialbusinessclub.net
collaboration cafe http://www.youtube.com/watch?v=_9nL_a0K97I
yunus 10000 http://yunus10000.com collaboration coordinators for youth dialogues in that city and between cities together with invitations to action specific to each video good news story - eg if you want microcredit to beat off big banks why not help any school try out micro credit with the world's simplest program small change, big changes - a microloanfoundation franchise
Peers across hemispheres and I are far more interested in ensuring that each of these intercity movements vetoes any uses of 20th c failing system methods that the majority of club coordinators -or where elected an honorary board - vote against, than prescribing revenue models.
OPEN SOURCING THE CLUBS
Obviously we should want coordinators to make a living out of work input whlst at the same time recognising that being a club coordinator is probably worth more than having many a professional qualification - or needs to become so if this world is to be sustainable. Equally where profits are repeatedly generated I assume we can find a way iof agreeing some sliding scale that should be contributed either to your favourite grassroots organsiation in bangladesh or to a small list of other potential grassroots partners of future capitalism which should probably need at least 75 of members refendum to confirm
I am very happy if people will negotiate what other rules they would need to want to participate as well as to clarify where they want diferent contant at the mother webs. The main web system I use costs $35 a year per web so its not difficult to imagine that major cties will also want to set up their own branch web or of course a free blog - either of which we will happily linmk from the top of the mother web.
Obviously some of our constitution needs double checking with for example the 100000 bangladeshi's and other Gandhians who are the main practical exemplar of the values we seek to network worldwide so that the future sustains 7 billion brilliant jobs and goodwill multiplying across all women, children and even men.
We wish to learn from each city's most successful ways of mobilising and cross-cultural celebration, as well as metods for ensuring that any action network actually reaches to those in most desperate need of its service. This is one of the big lessons of bangladeshi experience -reiterated by every micro-system designer in bangladesh we have interviewed - once a networks starts empowering the entrepreneur inside it will never get deeper than the deepest needsholders it begins with. This is a lesson that many global NGOs seem never to have begun to grade.
chris macrae http://worldentrepreneur.net
washington dc inquiries desk usa 301 881 1655 info@worldcitizen.tv
y10000 at facebook http://www.facebook.com/group.php?gid=22045349892
Monday, August 25, 2008
Thursday, May 15, 2008
Join Yunus bookclub1000 and help connect heroic change
2008 Goodwill News - Year 1 of Future Capitalism | |||||
Business Week article F29-Yunus world's favourite goodwill entrepreneur whose goal of ending Financial Imperalism is as big as Gandhi’s | Wall Street Journal on Yunus opening New York bank –how & why sustainability bankers would never have wasted a cent on subprime: M1 | Youtube with Gordon Brown from Number 10 Downing Street :21 | Grameen Health Launch of The Grameen Green Children Eyecare hospital social business (aravind model) in Dhaka: 12 | ||
World Economic Forum: Bill Gates joins Leaders of Future Capitalism: J25 | Grameen Credit Agricole launch announced | Parisian business leaders celebrate French edition and Grameen Veolia is announced | Launch of Innovation Bank in Bahrain & announcement of 2 Billion $ inward investment in Bangladesh | Top 25 dialogues of microcreditsummit year 008 are announced. They include industry sector responsibility response to Mexican abuse of goodwill and IP. | |
Book hits Best Seller list on last day of 12 city US booktour J24- in New York, nine year old investigative journalist leads humanity's celebration | Doonesbury cheered as inspiring economics correspondent at London School of Economics talk - changing mindsets and mini-professordom is development economics biggest crisis F15 | President Sarkozi orders HEC to provide an SMBA with Yunus a Chair of Social Business | Milken debates with Human Innovation World's G3 : Grameen's Yunus, Genome's Ventner & Google's Schmidt | ||
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Tuesday, May 13, 2008
wlill London be 3rd to connect with joint venture of Bangladesh and California ???
Yogurt & Cucumber Dommage: yunus world's worst book review: The Economist
coming soon yutube of May 13 Bronx tv at Lehman University debates: for the want of a collaboration meeting format we risk losing http://wholeplanet.tv
HAP Race - the Next Moon Race
How many people in london will answer the call for HAP monthly meetings on expediting Hunger And Poverty's Museum - which an active GrameenCap/yuNus Forum/ Hunger Project big city could world serve by multiplying the goodwill to Do Now
connecting multiple views of yuNus
yuNus the world's number 1 sustainability investment fundraiser - mail info@worldcitizen.tv if you have a view to link here
Presumably before the MCI meeting in Bali the microworld will work out they are missing yuNus Forum Social Action group http://wholeplanet.tv/id27.html -whose stories and celebration of humanity are needed as much as all the other MFI experience action planning sub-networks
-if post-bali wherever there had been 10 citizens from the same place they started a HAP monthly forum then the first item on the agenda would be to get citizens demand every MCI is constituted as a social business if I understand Yunus maps, that would be an unstoppable changing world for microeconomics to multiply goodwill and sustainability investment in human productivity around
imagine if instead of knowing monthly that every first monday there was a fast company meeting , you knew in 2008 part 2 that 100 londoners would monthly turn up at a 2 hour evening meeting on ending poverty, ending hunger, liberating 3 billion women- not always the same people -eg perhaps you would go 4 times a year - but a largely consistent network of 300-500 people in the audience
what sorts of speakers could we book to that meeting - the sorts of people like Gordon Brown or his representative who youtube a commitment when yunus is around
http://www.number-10.gov.uk/output/Page15305.asp
but how do they follow that through in the next 12 months- ceos or their representatives debriefing us on future capitalism projects they do with yunus; the sorts of people who want to wiki together an open SMBA-or better still $100 laptop it if this meeting all had $100 laptops
Equally the audience network of such a meeting process would be a critical mass for if you like minifinancing citizen collaboration projects we need to develop yunus space-perhaps only 20 of the 300 people would be rich folk but it would give them a chance to start up citizen social business philanthropy primarily guaranteed as being either a grameen type project or a thp one (actually garage internet for the poor project pledges don’t need much money , more the guarantee there is an ongoing audience to feedback and interface them
If we could get the sort of meeting process I imagine going in London it would be one of the year 1 Future Capitalsim top 7 entrepreneurial wonders to dialogue in Dhaka with Dr Yunus as every city could convene such forums; if you like its the big picture view of what yunus forum could do whilst uniting subforums that sent delegates to the monthly event
Oddly we also need such meetings to do homework - eg the Milken conference produced arguably the most amazing one hour video ever in uniting the curiosity of the heads of google, grameen and a genome scientist in solutions humanity needs http://www.youtube.com/watch?v=gpFVtodCqn8
we need the space to commit to each other that we will watch such videos as spend say 20 minutes of the next meeting debating the homework video; also when you have a meeting of this scale it becomes worthwhile paying $100 for someone to transcribe the video so we can handout the text too
Yesterday's mapping news: THE JOINT VENTURE OF BANGLADESH & CALIFORNIA
http://cmseducation.org/ http://ciseducation.org/ Educators of 250000 children in India tell me Drucker, Gandhi and Montessori were as correct as 20th C could get: Knowledge Unmanaged can be a very playful zone to be the flow- once the worlds of women*poor*youth understand that the mapping trangle of yunus & gates & schmidt (grassroots world*bilanthropy world* do no evil corpoarte world) have already signed Future Capitalism's dotted line to promote a knowhow exchange between Bangladesh and West Coast USA turning from banker to the poor to internetworker for the poor through 6 community sustainbility compasses of banking, health, education, agriculture,microgovernment and truth media for consumer goods, IMAGINE if in the late 90s you had huge first Tuesday meetings or ecademy meetings for trivial uses of the internet why dont we have HAP meetings for how to connect the internet for humanity. This isnt a zero-sum game but it would be good to see London/Uk be the third knowledge cross-cultural flow group to join in with Bangladesh and California; I will be turning to a campaign towards asking directors of The Economist to start The Grameen Economist before Business Week does it- doubtless this will drive them mad with me but the broader sanity of connecting London Bangladesh California is the only change game in town that Londoners truly need to map in the next 12 months.
Why not take this mail and trio up ie debate it with two other perope. I bet you will find more practical answers than theoretical questions, and a lot more fun than I know how to wordsmith
Incidentally after 40,000 pounds of field test and probably a year elapsed of my time I dont believe in the meeting process of pioneers of change at all, or indeed any of the other UK social entrepreneur or green networks' modes of meeting and virtual boxing that I have experienced in the last decade. Systemically their media is impoverishing. They are not open enough, not contextually gravitated around urgent trust maps, nor collaboratively the far side of the social business system transformation, the yunus book simply asks us to map; if they were they would already be debating yunus book weekly among 1000 internetowrking readers. Sadly they are living up to Ackoff' and Gandhi broken system prediction - the harder they try from the historic side of the fence the more they waste the brightest young things power to question, freedom of speech, free market and all other dumbing down media (or addiction to demand) traps
Chris 301 881 1655
yunus diary http://www.microcredit.tv/id32.html
free speech's big bang: citizens meeting format diaries http://www.microcredit.tv/id33.html
World Service 2.0 & Olympics2.1
Of course the reason why against the odds London will be one of the first 10 cities to unite with Bangladesh and California is we will be the first country boycott our own olympics if the BBC hasnt taken to covering the peoples sustainability games with more attention than spectator sports by 2012; every sustainability crisis has 3 main missing connections:
Local
Media with worldwide scale
Measures that multiply goodwill and human productivity instead of count up last quarters financial numbers
2024 24th update http://www.normanmacrae.com/netfuture.html : Big Bang to Bangla
There are very human things to put right at a speed faster than our individual gods or goods – only the mass of collaborative people power can believe and do it; no amount of top people summiting or white housing alone will achieve sustainability in time.
In search of the future of meeting formats whose Satyagraha commune http://wholeplanet.tv/
Friday, May 2, 2008
connecting 10 types of people empowering communications and community-building project solutions
samuel -whether summit hosts know it or not , a summit is only worthwhile if it connects through practice futures as well as past open source but communally viewable learnings with about 10 other things which we spent 4 days discussing in dhaka with Dr Yunus team at the start of the year -other things include interalia:
*hub spaces for quickly testing which projects fail
*meta-hubs of which africa has the best in blecher's free university http://cidaworld.tv http://brac.tv
*videos made for people to debate and peer to peer cluster so they know which small collection of videos makes their community rising case, explains how they will practice community up, communicates such celebration of humanity that potential naysayers are literally blown off their pulpits
*some virtual mode of communication of which email is always the most cross-culturally communal and deepest context-gravitating to trust map round and low cost in spite of all the wizard virtual community boxes people throw at us
etc
I will assume for now this conversation is on videos/youtube produce. Then in terms of people who I believe are 100% committed to letting yunus guide us through his colaboration world changing book;
when practical you should keep in contact with mark as a filmaker and storyteller researcher;
probably lesley or peter as people who understand the grassroots africa have problems that the top are not solving.
In parallel Mostofa knows bangladesh has problems and solutions having spent 30 years searching for these through grassroots up systems
I wish I could help comepetently nominate who among the rest of the circulation lists I am in the thick of knows how to do what but because these things need to combinatorially flow (one misconnect or peson gping walkabout destroying all the multiplcation of impossible becomes possible when right action right time right people right place ) and connect- let's start with any remaining issues on videos and then if there is another topic let's see who we all feel able to add in to this circulation
chris
*hub spaces for quickly testing which projects fail
*meta-hubs of which africa has the best in blecher's free university http://cidaworld.tv http://brac.tv
*videos made for people to debate and peer to peer cluster so they know which small collection of videos makes their community rising case, explains how they will practice community up, communicates such celebration of humanity that potential naysayers are literally blown off their pulpits
*some virtual mode of communication of which email is always the most cross-culturally communal and deepest context-gravitating to trust map round and low cost in spite of all the wizard virtual community boxes people throw at us
etc
I will assume for now this conversation is on videos/youtube produce. Then in terms of people who I believe are 100% committed to letting yunus guide us through his colaboration world changing book;
when practical you should keep in contact with mark as a filmaker and storyteller researcher;
probably lesley or peter as people who understand the grassroots africa have problems that the top are not solving.
In parallel Mostofa knows bangladesh has problems and solutions having spent 30 years searching for these through grassroots up systems
I wish I could help comepetently nominate who among the rest of the circulation lists I am in the thick of knows how to do what but because these things need to combinatorially flow (one misconnect or peson gping walkabout destroying all the multiplcation of impossible becomes possible when right action right time right people right place ) and connect- let's start with any remaining issues on videos and then if there is another topic let's see who we all feel able to add in to this circulation
chris
Friday, April 25, 2008
Yunus Video of month - when Dr Yunus Youtubed in Downing Street for PM Gordon Brown
Transcript
Scene 1 Greeting
Prime Minister Gordon Brown: Hello How are you, what a pleasure
Muhammad Yunus: It’s a pleasure for me
PM : It’s good to see you
(They Shake Hands)
Scene 2 Muhammad Yunus Introduces himself to the camera from the heart of 10 Downing Street
I am Muhammad Yunus from Bangladesh with Grameen bank. We lend money to extremely poor people for income generating activities. I am suggesting that Africa needs a lot of microfinance programs – tiny loans 30 dollar, 45 dollar 100 dollar – and paid back in weekly installments. It doesn’t need any collateral. It doesn’t need any lawyers into it but the repayment rate is very high: 98% or 99%.
Microfinance is very important because it allows people to bring out their own initiative, bring out their own capability. And they can move on their own speed to cerate income, to get out of poverty. And people in Africa are very enterprising people, particularly women. Microfinance focuses on women. Today in Bangladesh within Grameen Bank we have 7.5 million borrowers a- 97% of them women. The Prime Minister is very much aware of it; very supportative of it. So we will discuss how to make it happen in Africa
Scene 3 PM and Dr Yunus sitting round a cup of tea
PM There is so much goodwill to the work you have been doing, and it is so important
Scene 4 After tea: Muhammad Yunus denouement
At the same time, we will be discussing another concept – the social business : business to do good to people - (show copy of Dr Yunus new bestselling book Creating a World Without Poverty- Social Business, The Future of Capitalism ). This is business where you aim at the social objectives, not for making money for yourself. You cover your cost, make profit but the profit doesn’t go to investors or outsiders but stays with the company to achieve the goal that you set out to help achieve or lead.
Dear Christian
I particularly wanted to follow up your talk with emerging news from Nobel Laureate Dr Yunus whom I have met 4 times this year as it seemed that his views on how citizens can help network sustainability and multiply goodwill flow closely with what I understood of yours. I believe there is also overlap with the presentation made by George Dragnich.
1) I gather from this article that Grameen's solar and biogas services - already in use in over 100,000 households in Bangladesh have been approved by world bank as a carbon offset recommendation http://www.climatechangecorp.com/content.asp?contentid=5283 Is this what you were recommending?
2) This week I saw Dr Yunus before he jumped into a taxi to do a youtube from 10 Downing Street . http://www.number-10.gov.uk/output/Page15305.asp
The PM and Yunus discussed the social business map of his new book as well as possible food crisis interventions and directing more aid to africa of the microcredit type. I believe he then flew over to New York and talked about the food crisis with the Deputy Director General at the UN
3) Dr Yunus' leading info tech builder Kazi Islam ceo Grameen Solutions was presenting recently at the UN http://www.un-gaid.org/en/system/files/web20_Provisional+Programme+24Mar08v2.pdf on the plan to link in 10000 rural telecentres to question the www on 5 community building - health, agriculture, education, community empowering gov, media for needed consumer goods . You may already know his work - otherwise I have a Grameen prosepectus pdf on this if anyone wants a copy
4 In DC my next door neighbour works at the Japanese Embassy and says that Mr Yamamoto who leads JICA in USA is a fan of Dr Yunus. I don't know how to help connect all this possible grassroots momentum. In New York, Peter's monthy tavern for action debriefings around Yunus knowhow seems to be atracting the younger employees ready to run away from the big banks!
5 The thousand-reader Yunus bookclub that I host very much wants to help support any of the flows that can make these initiatives come together on all sides. If you have ideas on what we could do next or need any help in making sure that your ways of improving sustainability blend with Yunus team leaders in USA (headed by Norwegian Vidar Jorgensen) or Dhaka, I am always happy to try to make sure everyone knows who's who etc. We are focusing on obvious stuff that citizens need to rehearse like which 200 videos (half Yunus connecting, half from anywhere) help connect sustainability work and SMBA curricula around 24 worlds: the 3 under-represented populations : poor, women, youth; the 4 hemispheres; the egrameen.com big 6 community compasses, etc
http://www.wholeplanet.tv/id27.html
We will probably be running off thousands of dvds now we have several hours of Yunus speeches which everyone can edit to dialogue around their context's deepest meanings and most urgent solutions needs.
Yours sincerely
Chris Macrae
usa 301 881 1655
yunus booktour day in london http://worldentrepreneur.net/_wsn/page4.html
romors of what's possible http://rowp.tv
I particularly wanted to follow up your talk with emerging news from Nobel Laureate Dr Yunus whom I have met 4 times this year as it seemed that his views on how citizens can help network sustainability and multiply goodwill flow closely with what I understood of yours. I believe there is also overlap with the presentation made by George Dragnich.
1) I gather from this article that Grameen's solar and biogas services - already in use in over 100,000 households in Bangladesh have been approved by world bank as a carbon offset recommendation http://www.climatechangecorp.com/content.asp?contentid=5283 Is this what you were recommending?
2) This week I saw Dr Yunus before he jumped into a taxi to do a youtube from 10 Downing Street . http://www.number-10.gov.uk/output/Page15305.asp
The PM and Yunus discussed the social business map of his new book as well as possible food crisis interventions and directing more aid to africa of the microcredit type. I believe he then flew over to New York and talked about the food crisis with the Deputy Director General at the UN
3) Dr Yunus' leading info tech builder Kazi Islam ceo Grameen Solutions was presenting recently at the UN http://www.un-gaid.org/en/system/files/web20_Provisional+Programme+24Mar08v2.pdf on the plan to link in 10000 rural telecentres to question the www on 5 community building - health, agriculture, education, community empowering gov, media for needed consumer goods . You may already know his work - otherwise I have a Grameen prosepectus pdf on this if anyone wants a copy
4 In DC my next door neighbour works at the Japanese Embassy and says that Mr Yamamoto who leads JICA in USA is a fan of Dr Yunus. I don't know how to help connect all this possible grassroots momentum. In New York, Peter's monthy tavern for action debriefings around Yunus knowhow seems to be atracting the younger employees ready to run away from the big banks!
5 The thousand-reader Yunus bookclub that I host very much wants to help support any of the flows that can make these initiatives come together on all sides. If you have ideas on what we could do next or need any help in making sure that your ways of improving sustainability blend with Yunus team leaders in USA (headed by Norwegian Vidar Jorgensen) or Dhaka, I am always happy to try to make sure everyone knows who's who etc. We are focusing on obvious stuff that citizens need to rehearse like which 200 videos (half Yunus connecting, half from anywhere) help connect sustainability work and SMBA curricula around 24 worlds: the 3 under-represented populations : poor, women, youth; the 4 hemispheres; the egrameen.com big 6 community compasses, etc
http://www.wholeplanet.tv/id27.html
We will probably be running off thousands of dvds now we have several hours of Yunus speeches which everyone can edit to dialogue around their context's deepest meanings and most urgent solutions needs.
Yours sincerely
Chris Macrae
usa 301 881 1655
yunus booktour day in london http://worldentrepreneur.net/_wsn/page4.html
romors of what's possible http://rowp.tv
Tuesday, April 15, 2008
Project Snapshot: Bringing Grameen Bank To California
Speaker(s): Isabel Maxwell, Senior Advisor to Grameen America (West Coast) & Grameen Trust
Tuesday, April 15th, 2008 - 7:30PM at The Hollywood Hill Event Center, Hollywood
Grameen America is a microfinance company whose mission is to help alleviate poverty through entrepreneurship by providing loans, savings programs, credit establishment, and other services to the working poor in the United States. Grameen America is built upon the success of the Grameen Bank of Bangladesh. Founded by Professor Muhammad Yunus, the Grameen Bank is the most widely recognized microfinance company in the world. This success earned both Professor Yunus and the Grameen Bank the Nobel Peace Prize in 2006. Grameen America has been created so that people with limited or no access to credit can use entrepreneurship and self-employment, proven means in the United States, for increasing wealth and escaping poverty. The poor are frequently prevented from pursuing entrepreneurship opportunities because mainstream banks will not make loans to people who lack minimum credit scores and collateral. These "unbanked" individuals typically have limited experience in understanding financial institutions, getting loans, building savings and managing credit. While conventional banks turn away these borrowers, the success of high-interest rate predatory lenders (often charging over 300-400% APR) such as payday loan corporations, pawnshops, and check cashers has shown that the unbanked constitute a highly valuable customer base.Grameen America provides an alternative for these borrowers. Grameen America provides banking for the unbanked.
$10 Cover. Complimentary Cocktails & Parking. Pre-order Meal with RSVP.Sponsored by St. Supery Vineyards, Heineken, & Liquid Om Water.
Speaker(s): Isabel Maxwell, Senior Advisor to Grameen America (West Coast) & Grameen Trust
Tuesday, April 15th, 2008 - 7:30PM at The Hollywood Hill Event Center, Hollywood
Grameen America is a microfinance company whose mission is to help alleviate poverty through entrepreneurship by providing loans, savings programs, credit establishment, and other services to the working poor in the United States. Grameen America is built upon the success of the Grameen Bank of Bangladesh. Founded by Professor Muhammad Yunus, the Grameen Bank is the most widely recognized microfinance company in the world. This success earned both Professor Yunus and the Grameen Bank the Nobel Peace Prize in 2006. Grameen America has been created so that people with limited or no access to credit can use entrepreneurship and self-employment, proven means in the United States, for increasing wealth and escaping poverty. The poor are frequently prevented from pursuing entrepreneurship opportunities because mainstream banks will not make loans to people who lack minimum credit scores and collateral. These "unbanked" individuals typically have limited experience in understanding financial institutions, getting loans, building savings and managing credit. While conventional banks turn away these borrowers, the success of high-interest rate predatory lenders (often charging over 300-400% APR) such as payday loan corporations, pawnshops, and check cashers has shown that the unbanked constitute a highly valuable customer base.Grameen America provides an alternative for these borrowers. Grameen America provides banking for the unbanked.
$10 Cover. Complimentary Cocktails & Parking. Pre-order Meal with RSVP.Sponsored by St. Supery Vineyards, Heineken, & Liquid Om Water.
Sunday, April 6, 2008
interesting web http://www.microcapital.org/?p=1785
Now Reading...
Tuesday, March 4, 2008
MICROCAPITAL STORY: Wall Street Journal Interviews Muhammad Yunus and Discusses Grameen America
» Posted by Jennifer Lee in Category: Key Players at 12:02 am
The Wall Street Journal (WSJ), a leading business publication, interviewed Muhammad Yunus, founder of Grameen Bank and 2006 Nobel Peace Prize winner, in an article titled “Muhammad Yunus: Subprime Lender”. The article covered Mr. Yunus’ entrance into U.S.’s microcredit market and his approach to credit lending.
Grameen America, Inc. is Mr. Yunus’ new microfinance venture which focuses on serving “poor, aspiring entrepreneurs in the United States”. It is a for-profit microfinance company, follows the same lending model as Bangladesh-based Grameen Bank, and is focused on New York City with the intent to eventually spread throughout the US. Since it’s initiation in January, Grameen America has loaned a total of USD 145,000 at interest rates around 15 percent. Like other Grameen programs, priority is given to women borrowers; there are no credit-history checks; and borrowers do not need collateral or deal with complicated paperwork.
Grameen America joins other U.S. micro lenders such as ACCION USA, a private non-profit organization and part of ACCION International. ACCION USA has lent over USD 120 million to poor entrepreneurs in Brooklyn since 1991, and over USD 154 million to over 16,000 entrepreneurs nationwide. The microfinance information clearinghouse Mix Market lists only one US-based MFI: ECDC Enterprise Development Group (EDG), a non-profit, non-bank financial institution. EDG has provided microfinance services to over 5,000 people in Washington DC’s metropolitan area and had 250 active borrowers as of September 2006.
Given the economic turmoil caused by the U.S subprime mortgage collapse, Mr. Yunus discussed the risks of subprime-lending in the article as well. While Mr. Yunus described his business as “sub sub sub subprime”, he is not fazed by the credit crisis, blaming the collapse on sloppy business techniques. Despite the lack of collateral, guarantees, and lawyers common in conventional American lending, Grameen Bank claims over 98 percent of their loans are repaid and attributes the success to “know[ing] what is the limit within which we operate.”
Mr. Yunus also emphasizes access to credit as a basic human right, placing it as No. 1 when compared to other human rights such as the right to food, shelter, work, and health. He argues that through microcredit self-employment is possible. Self-employment can generate income, which in turn can provide food, shelter, and health care.
Beyond microfinance, Mr. Yunus explains how “social business” can eliminate world poverty. Social business is a “cause-driven” business model rather than a profit-driven model. Unlike charities, social businesses must recoup their investments, at minimum cover their costs, but still concentrate on creating products or providing services with social good. Furthermore, Mr. Yunus believes that a business model is needed to efficiently bring about change. Unlike a philanthropic dollar, Mr. Yunus states that “social business dollar has endless life, it recycles. And you build institutions.” With institutions come creativity, innovation, and continuity. Mr. Yunus fully details his vision on social business in his new book “Creating a World Without Poverty”.
by Jennifer Lee
Additional Resources:
Grameen: America, Social Business, Foundation, Bank
Wall Street Journal: “Muhammad Yunus: Subprime Lender”, by Emily Parker, March 1, 2008.
Financial Times: Letters to the Editor, “Queens Needs Microfinance as much as South Asia”, by Anne Fish, February 27, 2008.
MicroCapital Stories on Yunus Wins Nobel Peace Prize
ACCION: International, USA
ECDC Enterprise Development Group
Saturday, March 29, 2008
Dear Mostofa
could you come to brixton hub at 3 on sunday
I am doing an hour meeting at 2.00 with tav to understand -for what is my very last time since crashing expoentials make me extremely impatient as a parent- whether anything he did in 2007 with 30K of my daughter's or anything he wants to do in virtual stuff has any open wave use that I can snap with DR yunus' 6 maps - ebank, ehealth, egov, e-edu, eagri (including climate), e-consumer with 10000 rural telecentres questioning the world for open and source models -at all 3 levels of social action, social business startups, meta-partners in open and compound-purpose "future capitalism" once the west coast internet companies have agreed their combined future capitalism social business with Dhaka- which at $100,000 3 year loan for starting up and sustaining 100 telecentres over 3 year is the best bargain any half way sane or hi-trust http://hi-trust.tv http://brand.blogspot.com http://rowp.tv (rumors of what's possible since jan 6 Dhaka) worldwide brand expert or free marketer has even seen since the start of media with global or worldwide scaling , in which I include methods of consciouisness communing that have religious intensity but no particular god for men to politically storytell round-
but then I am just a simple systems mapping mathematician and would like to belivee god or good would always win out but see that human relations system patterns the bigger they are organised provide the exact opposite certainty while governed by badwill measures- something 1000 gandhians in delhi 2004 found easy to believe when I prestented an open whitepaper on coming wars between goodwill and badwill networks but 20-35 mobile-addicted singles round london seem unable to believe is sataygrahan- even when you invite them to look at 25 years between2 reformation bar of london barristers Gandhi and accidentally my maternal grandfather
we can then discuss any positive reports - eg were you at clinton uni
From this first trip to london since rac
http://worldentrepreneur.net/_wsn/page4.html
from Tony Manwaring, Alan Mitchell, Robert Knowles, Rebecca Harding and I think Lesley (all 5 of which I have ultimately to advise that they go meet yunus in dhaka if you can find a diary space in te next year cos their projects are too big for sustainability than I can relieably act as some interface for) who is always deeper mapped on her own context s.aftrica than anyone apart from perhaps you on bangladesh
I need leave the hub at 4.30 thoiugh if anyone wants dinner with my father at 6.00in wimbledon they can come along
I dont use mobile - tav's is0780 956 9369
chris
could you come to brixton hub at 3 on sunday
I am doing an hour meeting at 2.00 with tav to understand -for what is my very last time since crashing expoentials make me extremely impatient as a parent- whether anything he did in 2007 with 30K of my daughter's or anything he wants to do in virtual stuff has any open wave use that I can snap with DR yunus' 6 maps - ebank, ehealth, egov, e-edu, eagri (including climate), e-consumer with 10000 rural telecentres questioning the world for open and source models -at all 3 levels of social action, social business startups, meta-partners in open and compound-purpose "future capitalism" once the west coast internet companies have agreed their combined future capitalism social business with Dhaka- which at $100,000 3 year loan for starting up and sustaining 100 telecentres over 3 year is the best bargain any half way sane or hi-trust http://hi-trust.tv http://brand.blogspot.com http://rowp.tv (rumors of what's possible since jan 6 Dhaka) worldwide brand expert or free marketer has even seen since the start of media with global or worldwide scaling , in which I include methods of consciouisness communing that have religious intensity but no particular god for men to politically storytell round-
but then I am just a simple systems mapping mathematician and would like to belivee god or good would always win out but see that human relations system patterns the bigger they are organised provide the exact opposite certainty while governed by badwill measures- something 1000 gandhians in delhi 2004 found easy to believe when I prestented an open whitepaper on coming wars between goodwill and badwill networks but 20-35 mobile-addicted singles round london seem unable to believe is sataygrahan- even when you invite them to look at 25 years between2 reformation bar of london barristers Gandhi and accidentally my maternal grandfather
we can then discuss any positive reports - eg were you at clinton uni
From this first trip to london since rac
http://worldentrepreneur.net/_wsn/page4.html
from Tony Manwaring, Alan Mitchell, Robert Knowles, Rebecca Harding and I think Lesley (all 5 of which I have ultimately to advise that they go meet yunus in dhaka if you can find a diary space in te next year cos their projects are too big for sustainability than I can relieably act as some interface for) who is always deeper mapped on her own context s.aftrica than anyone apart from perhaps you on bangladesh
I need leave the hub at 4.30 thoiugh if anyone wants dinner with my father at 6.00in wimbledon they can come along
I dont use mobile - tav's is0780 956 9369
chris
Wednesday, March 12, 2008
Miami
MIAMI, March 10 /PRNewswire/ -- PODER Magazine, the premier publication for the business elite focusing on U.S. Hispanic and Latin American policymaking and corporate strategy, and The Boston Consulting Group (BCG), one of the world's leading management consultancies, today announced plans for honoring recipients of the fifth annual PODER-BCG Business Awards, which will be presented at a ceremony this coming Wednesday evening, March 12, in Miami. The Awards recognize individuals who have demonstrated remarkable strategy, vision and execution in their respective businesses, and celebrate excellence in leadership in the Americas and throughout the world.
Nicholas Negroponte, founder of the One Laptop per Child (OLPC) program, will be the ceremony's keynote speaker. This year, PODER and BCG have joined forces to support Mr. Negroponte and his organization by making a symbolic donation of 100 computers per Award recipient -- 1,300 in total -- to encourage and improve children's education across Latin America. Attendees will be invited to participate in this effort by making donations of their own the night of the Awards ceremony.
John C. Clarkeson, BCG's chairman emeritus, who will participate in the ceremony, said, "We are proud to support these Awards and their mission of recognizing excellence in business leadership and innovation, and are particularly pleased that this year's Awardees are being honored for their philanthropic efforts."
With eleven-time Emmy winner Teresa Rodriguez, co-host of Univision's primetime program "Aqui y Ahora," serving as Master of Ceremonies, the event will conclude the 2008 PODER Philanthropy Forum, which aims to demystify the complex issues that hinder private and corporate philanthropy in Latin America. The Forum will gather together leaders from Latin America and the U.S., including Nobel Peace Prize recipient Muhammad Yunus and Dr. Larry Brilliant, director of Google's philanthropic arm Google.org.
2008 Honorees
Recipients of this year's PODER-BCG Business Awards include Timothy Marquez, chairman and CEO of Venoco, Inc., honored with the "Innovation in Philanthropy Award"; Dr. Eduardo Padron, president of Miami Dade College, given the "Excellence in Education Award"; Joel Simon, executive director of the Committee to Protect Journalists (CPJ), awarded the "Freedom of Press Award"; Monica Lozano, publisher and CEO of La Opinion, the nation's largest Spanish language daily newspaper and senior vice president of impreMedia, given the "Excellence in Media Award"; Eddie "Piolin" Sotelo, of Univision Radio's leading Spanish-language radio program "Piolin por la Manana," awarded the "Community Enrichment Award"; Fabio Villegas, president of Avianca and German Efromovich, and president of Synergy Group, given the "Best Enterprise Transformation Award"; Enrique Norten, honored for "Excellence in Architecture and Design"; Carlos Ott, also honored for "Excellence in Architecture and Design"; Viviane Senna, president of Instituto Ayrton Senna, awarded the "Philanthropy Award"; Pedro Ibanez, board member of the Universidad Adolfo Ibanez (UAI), honored for the "Best Contribution to the Next Generation"; Monica Manzutto and Jose Kuri of the Galeria Kurimanzutto in Mexico City, for "Excellence in the Promotion of Art"; and Gustavo Santaolalla, two-time Academy Award-winning composer and producer, honored for "Artistic Achievement."
In addition, the PODER-BCG Business Awards will give special recognition to artist Fernando Botero for his philanthropy. Having achieved enormous worldwide success through his art, Mr. Botero has taken to donating select pieces to line parks and streets in cities such as Paris, Rome, and those in his native country of Colombia. Mr. Botero has also generously donated his personal art collection, which includes magnificent pieces by Picasso and Rodin, to the cities of Medellin and Bogota.
Miami Mayor Manuel Diaz also plans to give a special presentation on the role of philanthropy in Miami, which will recognize local philanthropists and their contributions.
"This year's Award winners are an exceptionally diverse and accomplished group of leaders," Isaac Lee, PODER Magazine's editor-in-chief said. "We commend them on the impact they have made in their fields and the inspiration they have given others around the world."
About PODER
The PODER Philanthropy Forum is one of a series of events organized by PODER magazine. PODER magazine is a monthly magazine that targets the business elite of the U.S. Hispanic market. PODER also has editions in Colombia, Mexico and Chile, with articles that contain unique and relevant business content. Under an exclusive content distribution agreement, PODER also publishes a selection of articles from The Economist, the world's leading weekly magazine. More information on the 2008 PODER Philanthropy Forum and the PODER-BCG Business Awards can be found at http://www.poder360.com/ .
MIAMI, March 10 /PRNewswire/ -- PODER Magazine, the premier publication for the business elite focusing on U.S. Hispanic and Latin American policymaking and corporate strategy, and The Boston Consulting Group (BCG), one of the world's leading management consultancies, today announced plans for honoring recipients of the fifth annual PODER-BCG Business Awards, which will be presented at a ceremony this coming Wednesday evening, March 12, in Miami. The Awards recognize individuals who have demonstrated remarkable strategy, vision and execution in their respective businesses, and celebrate excellence in leadership in the Americas and throughout the world.
Nicholas Negroponte, founder of the One Laptop per Child (OLPC) program, will be the ceremony's keynote speaker. This year, PODER and BCG have joined forces to support Mr. Negroponte and his organization by making a symbolic donation of 100 computers per Award recipient -- 1,300 in total -- to encourage and improve children's education across Latin America. Attendees will be invited to participate in this effort by making donations of their own the night of the Awards ceremony.
John C. Clarkeson, BCG's chairman emeritus, who will participate in the ceremony, said, "We are proud to support these Awards and their mission of recognizing excellence in business leadership and innovation, and are particularly pleased that this year's Awardees are being honored for their philanthropic efforts."
With eleven-time Emmy winner Teresa Rodriguez, co-host of Univision's primetime program "Aqui y Ahora," serving as Master of Ceremonies, the event will conclude the 2008 PODER Philanthropy Forum, which aims to demystify the complex issues that hinder private and corporate philanthropy in Latin America. The Forum will gather together leaders from Latin America and the U.S., including Nobel Peace Prize recipient Muhammad Yunus and Dr. Larry Brilliant, director of Google's philanthropic arm Google.org.
2008 Honorees
Recipients of this year's PODER-BCG Business Awards include Timothy Marquez, chairman and CEO of Venoco, Inc., honored with the "Innovation in Philanthropy Award"; Dr. Eduardo Padron, president of Miami Dade College, given the "Excellence in Education Award"; Joel Simon, executive director of the Committee to Protect Journalists (CPJ), awarded the "Freedom of Press Award"; Monica Lozano, publisher and CEO of La Opinion, the nation's largest Spanish language daily newspaper and senior vice president of impreMedia, given the "Excellence in Media Award"; Eddie "Piolin" Sotelo, of Univision Radio's leading Spanish-language radio program "Piolin por la Manana," awarded the "Community Enrichment Award"; Fabio Villegas, president of Avianca and German Efromovich, and president of Synergy Group, given the "Best Enterprise Transformation Award"; Enrique Norten, honored for "Excellence in Architecture and Design"; Carlos Ott, also honored for "Excellence in Architecture and Design"; Viviane Senna, president of Instituto Ayrton Senna, awarded the "Philanthropy Award"; Pedro Ibanez, board member of the Universidad Adolfo Ibanez (UAI), honored for the "Best Contribution to the Next Generation"; Monica Manzutto and Jose Kuri of the Galeria Kurimanzutto in Mexico City, for "Excellence in the Promotion of Art"; and Gustavo Santaolalla, two-time Academy Award-winning composer and producer, honored for "Artistic Achievement."
In addition, the PODER-BCG Business Awards will give special recognition to artist Fernando Botero for his philanthropy. Having achieved enormous worldwide success through his art, Mr. Botero has taken to donating select pieces to line parks and streets in cities such as Paris, Rome, and those in his native country of Colombia. Mr. Botero has also generously donated his personal art collection, which includes magnificent pieces by Picasso and Rodin, to the cities of Medellin and Bogota.
Miami Mayor Manuel Diaz also plans to give a special presentation on the role of philanthropy in Miami, which will recognize local philanthropists and their contributions.
"This year's Award winners are an exceptionally diverse and accomplished group of leaders," Isaac Lee, PODER Magazine's editor-in-chief said. "We commend them on the impact they have made in their fields and the inspiration they have given others around the world."
About PODER
The PODER Philanthropy Forum is one of a series of events organized by PODER magazine. PODER magazine is a monthly magazine that targets the business elite of the U.S. Hispanic market. PODER also has editions in Colombia, Mexico and Chile, with articles that contain unique and relevant business content. Under an exclusive content distribution agreement, PODER also publishes a selection of articles from The Economist, the world's leading weekly magazine. More information on the 2008 PODER Philanthropy Forum and the PODER-BCG Business Awards can be found at http://www.poder360.com/ .
Tuesday, February 19, 2008
social business happenings of february
paris feb 18 Grameen Credit Agricole opens with 50 million euros for microcredit http://www.grameen-credit-agricole.org/en/index.html
earlier this month Grameen America opened its bank for the poor - out of Queens
-------------------------------------------
whilst being interviewed at The Guardian newspaper in London, Yunus confirmed that The Guardian qualified as a social business!
earlier this month Grameen America opened its bank for the poor - out of Queens
-------------------------------------------
whilst being interviewed at The Guardian newspaper in London, Yunus confirmed that The Guardian qualified as a social business!
Friday, February 1, 2008
Timeless Top Links:
please comment on what google alerts you find most timely -eg http://news.google.com/news?hl=en&um=1&tab=wn&q=capitalism+yunus&btnG=Search+News
or http://news.google.com/news?hl=en&um=1&tab=wn&q=capitalism+%2Byunus+OR+gates&btnG=Search+News
please help develop section on the book that changed the world
From alert on yunus capitalism http://news.google.com/news?hl=en&um=1&tab=wn&q=capitalism+yunus&btnG=Search+News
Bill Gates’ Softer CapitalismBusinessWeek - 7 hours agoThat’s the capitalism Gates used to laud, and it’s improving the quality of life from Belgrade to Bangalore. It’s the kind of economic revolution that ...Bill Gates' Plan to Better the World Motley FoolANOTHER VOICE Mr. Gates' capitalism Houston ChronicleCommentary: For and against Gate's 'creative capitalism' ZDNet.com.auDaytona Beach News-Journal - New York Timesall 17 news articles »
http://www.huffingtonpost.com/vivian-norris-de-montaigu/lessons-from-davos-gates_b_83575.html
Lessons from Davos: Gates' Creative Capitalism can also Work at Home in the U.S.
Posted January 28, 2008 10:27 AM (EST)
Read More: Bill Gates, Capitalism, Creative Capitalism, Davos, Davos 2008, Globalization, Grameen Bank, Hurricane Katrina, Katrina, Microcredit, Mohammed Yunus, Poverty, Social Business, Breaking Business News
Over twenty years ago, when a little known governor in Arkansas, Bill Clinton, and his wife, heard about a Bangladeshi economics professor turned banker-to-the-poor, they wanted to know more. How did these small loans to help build local businesses work? Why were they loaning mostly to women? And could it work in parts of the impoverished South?
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Print
Comment HuffIt -->
And wasn't it amazing that a governor from Arkansas and his wife could actually imagine that someone from one of the poorest countries halfway around the world might actually have an answer that would work in the United States? The fact is that where "Creative Capitalism" or Social Business, as Clinton's friend, Muhammad Yunus, the Bangladeshi professor he nominated for the 2006 Nobel Peace Prize, calls it, is also needed here in the United States.
Flash forward to today and people like Bill Gates are talking about "Creative Capitalism," the good that companies can do by helping create sustainable businesses which do good for communities around the world. Brad Pitt, who has dedicated himself to helping the people of New Orleans devastated by Katrina, and many others want to meet with Nobel Peace prize winner, Muhammad Yunus. CEOs of corporations are slowly but surely "getting it" and invite him into their board rooms. Governments, finance ministers, billionaires, women's groups, the list goes on -- are all becoming part of this snowball effect. They are interested in creating sustainable "hybrids," giving based on a business model, which has as its aim not making money off of the poor, but building the kinds of businesses which can provide goods and services for the poor, including health care, communications, etc. while using a "creative capitalist" structure.
New york times jan 29 http://bits.blogs.nytimes.com/2008/01/29/many-are-already-at-work-on-fulfilling-gatess-vision/?ref=technology
Many Are Already at Work on Fulfilling Gates’s Vision
By John Markoff
Bill Gates’s bold Davos challenge to the world’s capitalists last week should have come with equally bold footnotes.
“There are billions of people who need the great inventions of the computer age,” he asserted. “Breakthroughs change lives only where people can afford to buy them.”
Conspicuously missing from the appeal, which asserted that human nature is not just driven by greed but also by concern for our fellow beings, was any reference to the work and thinking of the Nobel Peace Prize winner Muhammad Yunus.
The microfinance innovator, who is known as the “banker for the poor,” recently wrote a book, “Creating a World Without Poverty: Social Business and the Future of Capitalism,” that foreshadows Mr. Gates’s newfound social philosophy.
Last week Mr. Gates called on the executives of the largest corporations to add social entrepreneurship to their agenda, a leopard-spot-altering exercise at best. However, in challenging his compatriots, one of the experiments he overlooked was Mr. Yunus’s stunning success at Grameen Phone in Bangladesh, an effort he has pioneered during the past decade in partnership with Telenor, a Norwegian wireless carrier.
Intended as an experiment to extend wireless communications networks to the world’s poorest people, the program has become a remarkable success on multiple levels. Not only did it create a class of “phone ladies” who brought wealth into village communities, it has grown quickly enough and been profitable enough that Mr. Yunus said this week in Davos that Telenor had decided to break its original promise to his organization and refused to turn over control to allow the program to be run on a not-for-profit basis.
The challenge now facing the firm is to replicate its success as a wireless voice provider as a wireless Internet company. This week in Davos, Mr. Yunus said that that transformation was well under way.
The deeper implication of that shift would be an advance from a communications to a computing revolution. As voice networks have paved the way into the farthest reaches of the emerging world, it is likely that they will quickly be followed by the Internet and the World Wide Web. That in turn could become a great leveler, bringing markets, electronic commerce and health care networks to the world’s poorest.
With any luck it will mean that the emerging nations will finally complete the promise of a failed computing experiment played out by a team of French and American computer scientists in Senegal a quarter of a century ago. The original idea was that computing technology would make it possible to skip a stage of economic development, with people in developing nations quickly joining the information society without having to undergo industrialization.
Which brings us back to Mr. Gates’s plea at the World Economic Forum last week. Microsoft’s research lab in India, he said, was focusing on a variety of projects, ranging from low-cost wireless to new computing interfaces that will allow semi-literate and illiterate people to use computers effectively.
These are great ideas, but at Davos this year there were already a proliferation of technology-driven projects in evidence, all targeted at the bottom of the economic pyramid. They indicated that over the next decade the so-called “digital divide” may prove less of a barrier than previously thought.
Because Moore’s Law — the doubling of chip density at regular intervals — drives down price while increasing performance, computing has reached an increasing portion of the world’s population at an accelerating rate. Today over three billion people — half the world’s population — have cell phones. This year at the World Economic Forum, wireless industry executives predicted that two billion more would be added in the next six or seven years.
This underscores the increasingly rapid spread of the Internet, for what is a cell phone but a computer and a radio attached to a wireless data network?
The real challenge may prove to be whether the emerging world will modernize without repeating the mistakes of Mr. Gates’s developed world that have produced climate and pollution crises.
Free market beats free food in fight against povertyScotsman, United Kingdom - Jan 26, 2008... Nobel Peace Prize winner Muhammad Yunus argues convincingly that social business is an achievable way of exploiting capitalism to help the poor. ...
Davos 2008: Bill Gates' Creative Capitalism and Muhammad Yunus ...Huffington Post, NY - Jan 24, 2008... and they are put forth in his latest book, Creating a World Without Poverty: Social Business and the Future of Capitalism. Professor Yunus, also known ...
Gates' one-liners and reading listSeattle Times, United States - Jan 28, 2008... pioneer and Nobel laureate Muhammad Yunus, who spoke here recently. A Wall Street Journal story on Gates' "creative capitalism" idea noted as much, ...
Doing Good BusinessTIME - Jan 24, 2008Muhammad Yunus, the microfinancier who won the Nobel Peace Prize in 2006 for helping prove that making tiny loans to poor people can be profitable, ...
Wealth of Ideas: Bill Gates Issues Call for a Benevolent CapitalismWall Street Journal - Jan 24, 2008Muhammad Yunus, the Bangladeshi economist who won the 2006 Nobel Peace Prize for his work providing small loans to the poor, is traversing the US this month ...
Bill Gates and Wal-Mart want to save the worldSalon (subscription) - Jan 24, 2008... capitalism, crushing all who dared oppose it, seemed daring. So I would not have predicted that a decade later, Gates, channeling Mohammad Yunus, ...
The Daily Star
New book by Prof Yunus launched in USAThe Daily Star, Bangladesh - Jan 12, 2008Prof Yunus is currently on a tour of the US to publicise his book titled 'Creating a world without poverty: Social business and the future of capitalism'. ...
Corporate Social Responsibility
'Our Pick' http://www.csrwire.com/News/10807.html
1.29.2008 ET
Source: CSR@Intel
Davos: Par Deux
By Bruce Sewell
January 29, 2008 - Well, it's been 4 days and 1 "Davos" since my last blog. Got about 3 hours sleep last night (brings my total for the week to ~18), and now I'm headed down the mountain towards Zurich. Just time to share a couple of observations and 1 particular highlight before both my computer and my brain say "leave me alone you fool" and take a much needed rest.Each year 1 or 2 themes emerge as dominant. In 2007 the prize went to global climate change, in 2008 the WEFie (like an Oscar only not) goes to… the state of the US economy. From TV crews taking surveys on every street corner, to a panel of all 8 of the G8 Finance Ministers, the question on everyone's lips was, "a slowdown or a recession"? I know I'm just a lawyer, but I'll try to summarize the consensus answer: we have not yet seen the bottom in terms of the sub-prime crisis; if the US Congress acts quickly and decisively with a stimulus package we may be able keep this from developing into a full blown (or long lived) recession; this isn't just a US problem so other economies around the world are going to have to pitch in; and, non-US markets are strong enough to survive a US cold without catching the flu, but only if the US ailment does not turn into influenza or something worse (all economists wanted to be doctors but couldn’t afford the tuition).The other key theme for 2008 was 'enlightened capitalism'. Both Forbes and the Economist kicked off the week with articles about the need to align corporate social responsibility programs with business interests and core competencies. Bill Gates made a public plea for more "compassionate capitalism" and Dr. Muhammad Yunus (Nobel Peace Prize winner) gave us the phrase "social business". No matter what its called, it boils down to a pretty simple idea: corporations can and should make profits for their shareholders; but corporations can also chose to run some "not-for-loss" programs where the shareholders break even but the program recipients and society at large are immeasurably enriched. Don't think corporate charity, instead this is a corporation putting its money, human resources, program management, and logistical skills, etc., to work in a financially neutral but socially positive way. Let's face it, governments have money and people but government efficiency is an oxymoron. NGOs and "not for-profits" can be nimble but they usually lack resources. Of course enlightened capitalism should involve public/private partnerships but it’s the financial model that really sets it apart from what we currently think of as CSR or corporate philanthropy. An interesting idea…stay tuned. For the full article Click Here...
please comment on what google alerts you find most timely -eg http://news.google.com/news?hl=en&um=1&tab=wn&q=capitalism+yunus&btnG=Search+News
or http://news.google.com/news?hl=en&um=1&tab=wn&q=capitalism+%2Byunus+OR+gates&btnG=Search+News
please help develop section on the book that changed the world
From alert on yunus capitalism http://news.google.com/news?hl=en&um=1&tab=wn&q=capitalism+yunus&btnG=Search+News
Bill Gates’ Softer CapitalismBusinessWeek - 7 hours agoThat’s the capitalism Gates used to laud, and it’s improving the quality of life from Belgrade to Bangalore. It’s the kind of economic revolution that ...Bill Gates' Plan to Better the World Motley FoolANOTHER VOICE Mr. Gates' capitalism Houston ChronicleCommentary: For and against Gate's 'creative capitalism' ZDNet.com.auDaytona Beach News-Journal - New York Timesall 17 news articles »
http://www.huffingtonpost.com/vivian-norris-de-montaigu/lessons-from-davos-gates_b_83575.html
Lessons from Davos: Gates' Creative Capitalism can also Work at Home in the U.S.
Posted January 28, 2008 10:27 AM (EST)
Read More: Bill Gates, Capitalism, Creative Capitalism, Davos, Davos 2008, Globalization, Grameen Bank, Hurricane Katrina, Katrina, Microcredit, Mohammed Yunus, Poverty, Social Business, Breaking Business News
Over twenty years ago, when a little known governor in Arkansas, Bill Clinton, and his wife, heard about a Bangladeshi economics professor turned banker-to-the-poor, they wanted to know more. How did these small loans to help build local businesses work? Why were they loaning mostly to women? And could it work in parts of the impoverished South?
Comment HuffIt -->
And wasn't it amazing that a governor from Arkansas and his wife could actually imagine that someone from one of the poorest countries halfway around the world might actually have an answer that would work in the United States? The fact is that where "Creative Capitalism" or Social Business, as Clinton's friend, Muhammad Yunus, the Bangladeshi professor he nominated for the 2006 Nobel Peace Prize, calls it, is also needed here in the United States.
Flash forward to today and people like Bill Gates are talking about "Creative Capitalism," the good that companies can do by helping create sustainable businesses which do good for communities around the world. Brad Pitt, who has dedicated himself to helping the people of New Orleans devastated by Katrina, and many others want to meet with Nobel Peace prize winner, Muhammad Yunus. CEOs of corporations are slowly but surely "getting it" and invite him into their board rooms. Governments, finance ministers, billionaires, women's groups, the list goes on -- are all becoming part of this snowball effect. They are interested in creating sustainable "hybrids," giving based on a business model, which has as its aim not making money off of the poor, but building the kinds of businesses which can provide goods and services for the poor, including health care, communications, etc. while using a "creative capitalist" structure.
New york times jan 29 http://bits.blogs.nytimes.com/2008/01/29/many-are-already-at-work-on-fulfilling-gatess-vision/?ref=technology
Many Are Already at Work on Fulfilling Gates’s Vision
By John Markoff
Bill Gates’s bold Davos challenge to the world’s capitalists last week should have come with equally bold footnotes.
“There are billions of people who need the great inventions of the computer age,” he asserted. “Breakthroughs change lives only where people can afford to buy them.”
Conspicuously missing from the appeal, which asserted that human nature is not just driven by greed but also by concern for our fellow beings, was any reference to the work and thinking of the Nobel Peace Prize winner Muhammad Yunus.
The microfinance innovator, who is known as the “banker for the poor,” recently wrote a book, “Creating a World Without Poverty: Social Business and the Future of Capitalism,” that foreshadows Mr. Gates’s newfound social philosophy.
Last week Mr. Gates called on the executives of the largest corporations to add social entrepreneurship to their agenda, a leopard-spot-altering exercise at best. However, in challenging his compatriots, one of the experiments he overlooked was Mr. Yunus’s stunning success at Grameen Phone in Bangladesh, an effort he has pioneered during the past decade in partnership with Telenor, a Norwegian wireless carrier.
Intended as an experiment to extend wireless communications networks to the world’s poorest people, the program has become a remarkable success on multiple levels. Not only did it create a class of “phone ladies” who brought wealth into village communities, it has grown quickly enough and been profitable enough that Mr. Yunus said this week in Davos that Telenor had decided to break its original promise to his organization and refused to turn over control to allow the program to be run on a not-for-profit basis.
The challenge now facing the firm is to replicate its success as a wireless voice provider as a wireless Internet company. This week in Davos, Mr. Yunus said that that transformation was well under way.
The deeper implication of that shift would be an advance from a communications to a computing revolution. As voice networks have paved the way into the farthest reaches of the emerging world, it is likely that they will quickly be followed by the Internet and the World Wide Web. That in turn could become a great leveler, bringing markets, electronic commerce and health care networks to the world’s poorest.
With any luck it will mean that the emerging nations will finally complete the promise of a failed computing experiment played out by a team of French and American computer scientists in Senegal a quarter of a century ago. The original idea was that computing technology would make it possible to skip a stage of economic development, with people in developing nations quickly joining the information society without having to undergo industrialization.
Which brings us back to Mr. Gates’s plea at the World Economic Forum last week. Microsoft’s research lab in India, he said, was focusing on a variety of projects, ranging from low-cost wireless to new computing interfaces that will allow semi-literate and illiterate people to use computers effectively.
These are great ideas, but at Davos this year there were already a proliferation of technology-driven projects in evidence, all targeted at the bottom of the economic pyramid. They indicated that over the next decade the so-called “digital divide” may prove less of a barrier than previously thought.
Because Moore’s Law — the doubling of chip density at regular intervals — drives down price while increasing performance, computing has reached an increasing portion of the world’s population at an accelerating rate. Today over three billion people — half the world’s population — have cell phones. This year at the World Economic Forum, wireless industry executives predicted that two billion more would be added in the next six or seven years.
This underscores the increasingly rapid spread of the Internet, for what is a cell phone but a computer and a radio attached to a wireless data network?
The real challenge may prove to be whether the emerging world will modernize without repeating the mistakes of Mr. Gates’s developed world that have produced climate and pollution crises.
Free market beats free food in fight against povertyScotsman, United Kingdom - Jan 26, 2008... Nobel Peace Prize winner Muhammad Yunus argues convincingly that social business is an achievable way of exploiting capitalism to help the poor. ...
Davos 2008: Bill Gates' Creative Capitalism and Muhammad Yunus ...Huffington Post, NY - Jan 24, 2008... and they are put forth in his latest book, Creating a World Without Poverty: Social Business and the Future of Capitalism. Professor Yunus, also known ...
Gates' one-liners and reading listSeattle Times, United States - Jan 28, 2008... pioneer and Nobel laureate Muhammad Yunus, who spoke here recently. A Wall Street Journal story on Gates' "creative capitalism" idea noted as much, ...
Doing Good BusinessTIME - Jan 24, 2008Muhammad Yunus, the microfinancier who won the Nobel Peace Prize in 2006 for helping prove that making tiny loans to poor people can be profitable, ...
Wealth of Ideas: Bill Gates Issues Call for a Benevolent CapitalismWall Street Journal - Jan 24, 2008Muhammad Yunus, the Bangladeshi economist who won the 2006 Nobel Peace Prize for his work providing small loans to the poor, is traversing the US this month ...
Bill Gates and Wal-Mart want to save the worldSalon (subscription) - Jan 24, 2008... capitalism, crushing all who dared oppose it, seemed daring. So I would not have predicted that a decade later, Gates, channeling Mohammad Yunus, ...
The Daily Star
New book by Prof Yunus launched in USAThe Daily Star, Bangladesh - Jan 12, 2008Prof Yunus is currently on a tour of the US to publicise his book titled 'Creating a world without poverty: Social business and the future of capitalism'. ...
Corporate Social Responsibility
'Our Pick' http://www.csrwire.com/News/10807.html
1.29.2008 ET
Source: CSR@Intel
Davos: Par Deux
By Bruce Sewell
January 29, 2008 - Well, it's been 4 days and 1 "Davos" since my last blog. Got about 3 hours sleep last night (brings my total for the week to ~18), and now I'm headed down the mountain towards Zurich. Just time to share a couple of observations and 1 particular highlight before both my computer and my brain say "leave me alone you fool" and take a much needed rest.Each year 1 or 2 themes emerge as dominant. In 2007 the prize went to global climate change, in 2008 the WEFie (like an Oscar only not) goes to… the state of the US economy. From TV crews taking surveys on every street corner, to a panel of all 8 of the G8 Finance Ministers, the question on everyone's lips was, "a slowdown or a recession"? I know I'm just a lawyer, but I'll try to summarize the consensus answer: we have not yet seen the bottom in terms of the sub-prime crisis; if the US Congress acts quickly and decisively with a stimulus package we may be able keep this from developing into a full blown (or long lived) recession; this isn't just a US problem so other economies around the world are going to have to pitch in; and, non-US markets are strong enough to survive a US cold without catching the flu, but only if the US ailment does not turn into influenza or something worse (all economists wanted to be doctors but couldn’t afford the tuition).The other key theme for 2008 was 'enlightened capitalism'. Both Forbes and the Economist kicked off the week with articles about the need to align corporate social responsibility programs with business interests and core competencies. Bill Gates made a public plea for more "compassionate capitalism" and Dr. Muhammad Yunus (Nobel Peace Prize winner) gave us the phrase "social business". No matter what its called, it boils down to a pretty simple idea: corporations can and should make profits for their shareholders; but corporations can also chose to run some "not-for-loss" programs where the shareholders break even but the program recipients and society at large are immeasurably enriched. Don't think corporate charity, instead this is a corporation putting its money, human resources, program management, and logistical skills, etc., to work in a financially neutral but socially positive way. Let's face it, governments have money and people but government efficiency is an oxymoron. NGOs and "not for-profits" can be nimble but they usually lack resources. Of course enlightened capitalism should involve public/private partnerships but it’s the financial model that really sets it apart from what we currently think of as CSR or corporate philanthropy. An interesting idea…stay tuned. For the full article Click Here...
Monday, January 28, 2008
Yunus @ St. James's Piccadilly
Nobel Peace Prize winner Dr. Muhammad Yunus will speak at St. James’s Church, 197 Piccadilly on Saturday, February 16th at 2.30pm. His latest book Creating a World without Poverty – Social Business and the Future of Capitalism was recently launched in the US and is already in position 18 of the New York bestseller list.
After having been invited to the World Economic Forum in Davos, Dr. Yunus comes to London to first speak at the London School of Economics on Friday, Feb. 15th at 6pm.
At St. James’s Church his talk will be responded to by a podium of distinguished Londoners. The first to confirm at this very short notice is:
Aubrey Meyer, promoter of Contraction & Convergence, a global, equal-rights-based framework for the arrest of greenhouse gas emissions.
Dr. Yunus established the Grameen Bank in 1983 after having lent $27 to 42 women who were victims of loan sharks and recruiters of slave labour. Grameen means ‘rural’ or ‘village’ in Bengali.
After having studied economics at Dhaka University, Dr. Yunus was awarded a Fulbright scholarship to study economics at Vanderbilt University in Nashville, Tennessee. He then served as chairman of the economics department at Chittagong University before devoting his life to providing financial and social services to the poorest of the poor. He is the founder and managing director of the Grameen Bank and the author of the bestselling Banker to the Poor.
Dr. Yunus and the Grameen Bank are winners of the 2006 Nobel Peace Prize for ‘their efforts to create economic and social development from below.’
In his new book, Dr. Yunus proposes ‘social business’ as a core principle for a kinder capitalism as Bill Gates called it in Davos. In Dr. Yunus’ definition, a business is social if it addresses health, education or environment or is owned by the poor and disadvantaged.
The condition for funding social business is that investors may not take profits out of the enterprise. That proposes a number of challenges on the level of ‘business as usual’. Between profit-motivated business and philanthropic charity, it provides a third way for entrepreneurs with social objectives.
The Forum for Stable Currencies is hosting the event as it has been advocating the use of public or ‘green’ credit to address climate change, finance flood damages and other public purposes through Early Day Motions in Parliament since 2002. The organiser Sabine McNeill says: “microcredit is for women in Bangladesh what green credit is for Government in the UK: credit without collateral. That means trust and cooperation top-down and bottom-up. For we have only one planet and time is running out. If Governments and NGOs don’t deliver, social businesses will, especially when banks and financial institutions begin to think along social objectives.”
BeTheChange will be set up for booking your place on Saturday in London and on Sunday in Bristol.
Sunday, January 20, 2008
archives on the worldwide network challenges yunus invites humanity to flow with him since nov 007help us (1 2 3) edit the best first introduction to the Yunus entrepreneurial revolution of social business and future capitalism
world citizen guide has produced a special to linkin with yunus book and booktour
our guides are open source and we provide bursaries where communities have ideas on re-editing to match their cases with worldwide ones
see the world citizen guide at yunus loaded at ned http://www.ned.com/group/community-general/file/2.81.12008674812/ (free membership required to this discussion space)
or loaded at our home archives http://www.valuetrue.com/home/gallery.cfm (free and direct public)
to make the most of the world citizen guide format print out the first 20 pages as then double sided pages and then fold in half
this guide will be discussed directly with Dr Yunus in New York on jan 23 with a view to editing and improving before distributing 1000+ guides to Yunus booktour audeinces in UK Feb 14-17
of course we welcome your idea on how to iteratively improve the guide to be the most usable first introduction to everything that networks can make out of social business and future capitalism
if you know of a yunus booktpour blog or facebook, please add it in to this conversation and we'll display a link in this top space listing
http://yunusworld.blogspot.com
http://yunusforum.blogspot.com
http://www.facebook.com/editgroup.php?gid=8966859358
Friday, January 18, 2008
Book (1) 100Club News (facebook)
CLUB2: Turning Yunus Chapter 1 into a Book debating mysterious 20th C systems that failed to serve poverty, and how the denoument can be Social Business- Capitalism's Future
This book club began its regular meeting today, at the London branch of Aga Khan University.
Long notes and submissions will be posted here
CLUB2: Turning Yunus Chapter 1 into a Book debating mysterious 20th C systems that failed to serve poverty, and how the denoument can be Social Business- Capitalism's Future
This book club began its regular meeting today, at the London branch of Aga Khan University.
Long notes and submissions will be posted here
Tuesday, January 15, 2008
There are 2 most exciting moments of my life:
Birth of Daughter one Valentine's day
Meeting Dr Yunus Dhaka, 3 january 2008
I hope our co-editors will join in diarising similar exciting moments. It will take me a while to explain why 3 jan 2008 changes what I want to network and do with business. You will understand this blog better if you read Yunus new Book as per the blog's title and showing at eg
http://www.amazon.com/Creating-World-Without-Poverty-Capitalism/dp/1586484931/ref=pd_bbs_sr_2?ie=UTF8&s=books&qid=1200319032&sr=8-2
I am not very smart at choosing what virtual communities to replay exoperiences and challenges at ... but here are a few i an testing - tell me if I could be doing beter some space else
http://www.facebook.com/group.php?gid=8966859358
http://www.ned.com/group/community-general/news/108/
http://grameen.tv/
http://worldentrepreneur.net/
Birth of Daughter one Valentine's day
Meeting Dr Yunus Dhaka, 3 january 2008
I hope our co-editors will join in diarising similar exciting moments. It will take me a while to explain why 3 jan 2008 changes what I want to network and do with business. You will understand this blog better if you read Yunus new Book as per the blog's title and showing at eg
http://www.amazon.com/Creating-World-Without-Poverty-Capitalism/dp/1586484931/ref=pd_bbs_sr_2?ie=UTF8&s=books&qid=1200319032&sr=8-2
I am not very smart at choosing what virtual communities to replay exoperiences and challenges at ... but here are a few i an testing - tell me if I could be doing beter some space else
http://www.facebook.com/group.php?gid=8966859358
http://www.ned.com/group/community-general/news/108/
http://grameen.tv/
http://worldentrepreneur.net/
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