icroeconomics aproach of Yunus Future Capitalism does not augur well for how they will exploit any relative vagueness that Gates may introduce
Gates is known to have spent hours talking to Yunus out his book. I think it will be sad if he fails to credit Yunus approach. I'd go further and say if he wanted to be most effective at ending poverty he would have used his fame to accelerate the open source models of Yunus and clarify their key systemic rules not set up a different book of game rules.
It was noticeable at Clinton Global that suddenly everybody was rushing to form partnerships. My father and I wish to make it clear there is a huge difference of future outcomes (whole truth of sustainability investment) depending how partnershps are governed. Future Capitalism was a way out of greenwashing CSR. Unless creative capitalism defines how partnerships or other innovation systems it promotes are hi-trust audited, it will put a lot of good intent at risk
News of the 3 capitalisms may be worth logging:
References to Gates & Yunus…
whether The Royal Gazette might be interested to publish the op-ed below which is written by the founder of the microcreditsummit - an extraordinary network that has helped 100 million families to end poverty and been celebrated with the Nobel Prize awarded to Muhammad Yunus in 2006.
Next week in Washington DC, Obama is including Muhammad Yunus in his list of presidential awards. Frends of Dr Yunus are intent on simultaneously conveying to all G8 leaders the ideas that Dr Yunus will personally suggest to President Obama,
This piece gives some newsworthy context on how connected the 2 men's community-developing lives have been, and asks whether their futures can urgently help peoples connect ways out of the various systems crises which beyond poverty itself include environment, healthcare and ever more fluctuating markets on basic foods etc.
I note that the Bermuda economy seems to be one of victims of the excesses of Wall Street and I am talking to one or 2 corporates who also seem interested in Dr Yunus's vision of how to empower people and return to sustainable systems. It may also be of interest that Prince Albert of Monaco has become a keen supporter of Dr Yunus' sustainability systems. http://www.fondationprincealbertiidemonaco.net/fondation.asp?page=GOUVERNANCE&lang=en
A few weeks ago, I helped celebrate Dr Yunus' 69th birthday in Dhaka with a dialogue around one of his wishes- how to involve 5000 youth who most want to undersrtand his methods. I would happily make an appointment to come to your offices if you have some questions abouth this story
238 8000 rm 477…
C to create more jobs thn infotech takes.
These exciting challenges for youth and elders to network are outlined in his series of books on social business http://worldcitizen.tv. Personal connections with this include the 2050 person bookclub dialogue and the 10000 dvd club my family sponsors
Our emerging plans glasgow after our team visited yunus for a fortnight in october 2010 (my 5th dhaka visit)
weekend june 2011
bus in youth from every scottish university
hire hall with 20 stalls themed by greatest social business goals for 2020 voted for and interactively updated by youth
invite the artists peace corps led ny Monica Yunus http://www.singforhope.com
Encourage other yunus youth-inspired cities (eg Paris see http://www.danonecommunities.com to replicate the best events they have already demonstrated work
Celebrate the progress of all the projects goping on at the 2 Yunus partner universities; currently no other nation has more than 1 yunus university partnership ; scotland's youth are the luckiest in the world to enjoy this yunus relationship connecting projects in heltcre, banking and chnging educational syllbi so that capturing a nation's brightest young peoples in wall street MBA mindsets is history
Make Glasgow one of the editorial centres for the joyful economics curriculum that september 2010 US congress voted to bring to DC http://grameeneconomics.com
Link with consider bngladesh cekebrations wherever my father Norman Macrae (The Economist's most prolific writer of leadership debates) is remembered http://www.worldeconomist.net as first journalist of : 1 entrepreneurial revolution, 2) the internet, 3) Asian pcific worldwide century 1976-2075…
his vision When a human being focuses on one narrow road -- materialism -- it may lead him down the path of destruction, as seen in the recent financial meltdown.
However, if we chart our collective path to progress by concern for our fellow beings, the result may be entirely different. This is what comes to mind when meeting the Nobel Peace prize winner, Dr. Muhammad Yunus. So, can we realistically achieve zero percent poverty in the world? Professor Yunus has answered this question in his new book with confidence, not only because he has faith in his idea but because he is actually seeing this happen in his country, Bangladesh.
Over 140 spokesmen, authors and economic experts attended the function where Dr. Muhammad Yunus discussed the foundations of his book at the Islamic Development Bank Group headquarters in Jeddah on Nov. 18.
Dr. Yunus is the recipient of the 2006 Nobel Peace Prize awarded to him and his Grameen Bank, for their efforts to create economic and social development. He explained his theory that people should not go to banks, rather that banks should go to the people.
“These millions of small people with their millions of small pursuits can add up to create the biggest development wonder,” said Dr.Yunus. In his new book he has describe the further evolution of Grameen System and introduced the concept of social business, based on his Grameen System experience.
“Social business introduces a totally revolutionary dimension to the free market economy. It is a non-loss , non-dividend business aimed at achieving social objectives in the areas of education , health, environment or any other area where society faces problems,” said Dr. Yunus.
In 1976 Yunus had started to give loans without guarantees to poor women in Bangladesh, and today the scope of his activities extends to 100 countries. “About 7.5 million beneficiaries, 97 percent out of whom are poor women have successfully implemented small projects to improve their life,” said Dr.Yunus.
In his book he gives the details of the first such social business project, the Grameen Danone Company, the idea of which was born over a lunch with Franck Riboud, chairman of the Danone group. Riboud agreed to the proposition, and they later determined all the modalities of the scheme, which involves distributing a fortified sweet yogurt called ‘Shokti Doi’ for poor malnourished children of Bangladesh at a price they can afford.
“Poverty is not created by poor people, but by institutions and policies that are artificially imposed on them. If you want to change the status of these people, you must change the institution and policies,” Dr. Yunus said.…
um goals .. HRH Prince Talal of Saudia Arabia called on Secretary General of Arab league to include microcredit and ending poverty on next Arab League Summit in Algeria. Further co-organisers of meeting: Her Majesty Queen Rania of Jordan, Microcreditsummit campaign, AGFUND.
September 07 : Saudi King Abdullah bin Abdul Aziz decorated Prof Yunus at the Saudi Royal Palace in Jeddah in recognition of his contributions toward confronting human development problems and introducing micro-credit system to combat poverty.…