A World of Three Zeros: The New Economics of Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions
Written by Muhammad Yunus
Narrated by Dan Woren
3.5/5
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About this audiobook
Muhammad Yunus, who created microcredit, invented social business, and earned a Nobel Peace Prize for his work in alleviating poverty, is one of today's most trenchant social critics. Now he declares it's time to admit that the capitalist engine is broken–that in its current form it inevitably leads to rampant inequality, massive unemployment, and environmental destruction. We need a new economic system that unleashes altruism as a creative force just as powerful as self-interest.
Is this a pipe dream? Not at all. In the last decade, thousands of people and organizations have already embraced Yunus's vision of a new form of capitalism, launching innovative social businesses designed to serve human needs rather than accumulate wealth. They are bringing solar energy to millions of homes in Bangladesh; turning thousands of unemployed young people into entrepreneurs through equity investments; financing female-owned businesses in cities across the United States; bringing mobility, shelter, and other services to the rural poor in France; and creating a global support network to help young entrepreneurs launch their start-ups.
In A World of Three Zeros, Yunus describes the new civilization emerging from the economic experiments his work has helped to inspire. He explains how global companies like McCain, Renault, Essilor, and Danone got involved with this new economic model through their own social action groups, describes the ingenious new financial tools now funding social businesses, and sketches the legal and regulatory changes needed to jumpstart the next wave of socially driven innovations. And he invites young people, business and political leaders, and ordinary citizens to join the movement and help create the better world we all dream of.
Muhammad Yunus
Muhammad Yunus, born in Bangladesh, was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became head of the economics department at Chittagong University. He is the founder of Grameen Bank and the father of microcredit, an economic movement that has helped lift millions of families around the world out of poverty. He is also the creator of social business. Yunus and Grameen Bank are winners of the 2006 Nobel Peace Prize.
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Reviews for A World of Three Zeros
5 ratings1 review
- Rating: 3 out of 5 stars3/5Yunus proposes reducing unemployment, income inequality, and carbon emissions will bring about a new and better civilization. Youth, technology, good governance, and human rights are areas critical to success. He addresses the legal and financial changes needed to redesign the future and paints a pretty picture of what the world could be like without greed. None of the concepts presented are new or unusual. Individual behaviors are the main obstacle to change and prevent solutions to current societal problems. The author does a good job at describing challenges and problems, but is very limited in how to identify and implement solutions.I received this book through a Goodreads giveaway. Although encouraged, I was under no obligation to write a review. The opinions I have expressed are my own.