Yunus discuss social entrepreneurship at World Economic Forum

Microfinance Focus, January 27, 2012: At the ongoing World Economic Forum, Noble Laureate, Prof. Muhammad Yunus said, “We need to expand the idea of business. Rather than just making money, business can be for solving problems. We have enough technology and innovative capacity to make that happen”.

Highlighting the failures of the current capitalist system, Prof. Yunus said, “Over the years, it is brewing problems like poverty, unemployment and food crisis. We have to abandon the present structure and build a new one which is not about money obsession but about human beings”.

Prof. Yunus believes that human creativity is enormous but has never been used to solve problems. “We used that capacity to make money. Once we open that up, these problems can disappear. You have the power, use it and make it happen. You can create your own world. You don’t have to take the world and live in there. Go ahead and do it”, he said.

Close to 3000 world leaders are convening in Davos at the World Economic Forum’s Annual Meeting. 30 of them are social entrepreneurs from around the world. The theme of the meeting is “The Great Transformation: Shaping New Models”.

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Roger Hamilton

You know very well about social entrepreneurship, hu likes it.
You are great in it.but i know about something social entrepreneurs
is this. After the word ‘Social Entrepreneur’ Central 1900s and used
to describe any of the trade which is the principles of some social
objective is to use the full or some social change, but in domestic
or abroad has been imposed. Irs. gov according the master file, about
727.000 registered more than for donation tax deductible gifts, majority,
almost 55%, for 2009 are $0 as income earned in the Report entitled to
get.

Yunus discuss social entrepreneurship at World Economic Forum

Prof. Yunus is right to emphasise that "Business can be for solving problems. We have enough technology and innovative capacity to make that happen”. However, his sharp criticism is unwarranted which states "the current capitalist system has failed and over the years.It is brewing problems like poverty, unemployment and food crisis. We have to abandon the present structure and build a new one which is not about money obsession but about human beings". In fact, business and corporate houses should now prioritise to use business to reduce poverty and unemployment and avoid food crises by redesigning their corporate policy and providing more resources for this purpose. Their corporate vision and mission should address these issues and a strategic action plan should be implemeted for a decade from now.In there efforts, poor and low income people should be enabled to participate to create wealth out of their meagre physical and biological resources and share the benefits to reflect on their standard of living. Governments and elected leaders of developing countries have responsibility to create a facilitating environment rather than politicising it. Dr Amrit Patel, NJ 08837 USA[732-553-0825]

Business as provising acccess

Business as provising acccess to public services/goods, like access to financial services, healthcare, education, communications etc.
The resulting developmetn modles encompass public, private and civil coiety actors working together with common purpose

social business, and public goods/services

Solving problems, like lack of access to financial services and access to communications , transport, healthcare etc. can all be done using public good theory and constructing these goods.
The result is the provision of public goods/services and not making money per se.
Can governments, businesses and civil society come together, as public good theory illustrates they can, with common purpose, the provision of services?

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