Eight individuals now own more wealth than 50 per cent of the global population, and high unemployment in many countries means that people’s skills, knowledge, and creativity are being wasted. Rampant environmental destruction only adds to this picture of a bleak future in which humankind will no longer be able to sustain itself.
But what if there is another way?
Muhammad Yunus is the economist who invented microcredit, founded Grameen Bank, and earned a Nobel Peace Prize for his work towards alleviating poverty. Here, he sets forth his vision to establish a new kind of capitalism, where altruism and generosity are valued as much as profit making, and where individuals not only have the capacity to lift themselves out of poverty, but also to affect real change for the planet and its people.
A World of Three Zeroes offers a challenge to young people, business and political leaders, and ordinary citizens everywhere to embrace a new form of capitalism, and improve the world for everyone before it’s too late.
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.