B. SYNOPSIS
The book of Muhammad Yunus, creating a world without poverty, gives us insights about his vision and how he sees the world in the future. The book shows that global poverty is not the only problem that he wants to end. Yes, it is clearly stated in the book that he wants to eradicate gender discrimination or gender inequality, he wants everyone to have quality education, and he wants all to have a good health and well-being by having access to all health care centers or hospitals wherein which it is all related to the global poverty issue that we are now facing. But Muhammad Yunus is not contented in that, in the book he also reveals that he wants to address some environmental problems like to eliminate environmental degradation …show more content…
He revisited the history of the Grameen Bank and introduced the readers what are the new accomplishments of the bank, for which most readers will know him and also he offered his views on the potential of technology to help end poverty and most of all he gives details on his ideas on international norms and governance. But his main tool for easing the world’s social problems is social business, wherein Yunus defines as financially sustainable but non dividend paying enterprises established to solve social and environmental problems. These enterprises are controlled by shareholders either donors or the poor, for the donors they get their initial investment back, though any additional profits created by the enterprise are reinvested back into the work. To illustrate his idea of a social business, Yunus included in the book the fascinating case study of Grameen Danone, a joint venture between Grameen and the French multinational food product company …show more content…
These includes special packaging, locations of sales, and social pressure, which are similar to some government welfare programs, including work requirements and means tests. These mechanisms overlap with challenges that facilitate price discrimination in private markets. The coupons, rebates, time restrictions, and minor product imperfections that consumers must endure to get discounts.
Yunus also introduced in the book another of his innovative concepts wherein he proposes the idea of social stock market. It is where socially minded investors would buy and sell shares of social businesses. Yunus envisions that the prices of the shares will increase when people sees the results of the programs and the cost effectiveness will become available, he also sees the possibility of having Social Dow Jones Index, wherein it would reflect the share values of some of the world’s most broadly representative social
The book of Muhammad Yunus, creating a world without poverty, gives us insights about his vision and how he sees the world in the future. The book shows that global poverty is not the only problem that he wants to end. Yes, it is clearly stated in the book that he wants to eradicate gender discrimination or gender inequality, he wants everyone to have quality education, and he wants all to have a good health and well-being by having access to all health care centers or hospitals wherein which it is all related to the global poverty issue that we are now facing. But Muhammad Yunus is not contented in that, in the book he also reveals that he wants to address some environmental problems like to eliminate environmental degradation …show more content…
He revisited the history of the Grameen Bank and introduced the readers what are the new accomplishments of the bank, for which most readers will know him and also he offered his views on the potential of technology to help end poverty and most of all he gives details on his ideas on international norms and governance. But his main tool for easing the world’s social problems is social business, wherein Yunus defines as financially sustainable but non dividend paying enterprises established to solve social and environmental problems. These enterprises are controlled by shareholders either donors or the poor, for the donors they get their initial investment back, though any additional profits created by the enterprise are reinvested back into the work. To illustrate his idea of a social business, Yunus included in the book the fascinating case study of Grameen Danone, a joint venture between Grameen and the French multinational food product company …show more content…
These includes special packaging, locations of sales, and social pressure, which are similar to some government welfare programs, including work requirements and means tests. These mechanisms overlap with challenges that facilitate price discrimination in private markets. The coupons, rebates, time restrictions, and minor product imperfections that consumers must endure to get discounts.
Yunus also introduced in the book another of his innovative concepts wherein he proposes the idea of social stock market. It is where socially minded investors would buy and sell shares of social businesses. Yunus envisions that the prices of the shares will increase when people sees the results of the programs and the cost effectiveness will become available, he also sees the possibility of having Social Dow Jones Index, wherein it would reflect the share values of some of the world’s most broadly representative social