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Nobel Peace Prize winner Muhammad Yunus, the founder of the world's largest micro credit lending network in the world, the Grameen Bank, understands that poverty is not the fault of the poor.
People are poor largely thanks to forces at work outside of their control.
The vast majority of the world's poor work incredibly hard and want to do better.
The lack of credit, education, proper nutrition, access to transportation and the unrelenting struggle to simply survive keep the poor trapped in poverty.
Yunus' vision is of a "poverty-free world." One of his trademark statements is that "the word human and poverty should never be used in relation to one another."
People were not meant to be poor.
Listen to his wisdom here.
Tell me what you think.
America's economy and markets are quite different from those of the developing world. How do we apply Yunus' values and vision here?
Published January 26, 2009 by Larry James |
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| Tags:
Economy
Financial Industry
Oppression
Poverty
Public Policy
