Professor Yunus on "social business" and the conquest of poverty : a dissenting view
Grieve, Roy (2008) Professor Yunus on "social business" and the conquest of poverty : a dissenting view. Discussion paper. University of Strathclyde, Glasgow.
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Abstract
In his new book Professor Muhammad Yunus, Grameen Bank founder and Nobel Peace Prize Laureate, proposes a novel strategy for the elimination of poverty worldwide. This strategy relies on the presumed effectiveness of what he calls “social business” in transforming the nature of the capitalist system, which thus (he supposes) will become capable of achieving all desired social improvements. We take the view however that the concept of “social business” is empty and irrelevant, and that Yunus’s thesis in fact implies the untenable proposition that (apparently) all social problems could be resolved by cost-covering interventions – thus denying the existence of a significant role for governmental or non- cost-covering charitable actions, which, in reality, are indispensable.
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Item type: Monograph(Discussion paper) ID code: 67822 Dates: DateEvent2008PublishedNotes: Discussion paper. Subjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics Depositing user: Pure Administrator Date deposited: 14 May 2019 13:08 Last modified: 04 Oct 2024 00:08 URI: https://strathprints.strath.ac.uk/id/eprint/67822