The New Economics of Zero Poverty, Zero Unemployment and Zero Carbon Emission
Muhammad Yunus, the Bangladeshi economist who invented microcredit, founded Grameen Bank, and earned a Nobel Prize for his work in alleviating poverty, is one of today's most trenchant social critics. In his latest book, 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. To save humankind and the planet, we need a new economic system based on a more realistic vision of human nature—one that recognizes altruism and generosity as driving forces that are just as fundamental and powerful as self-interest. In A World of Three Zeros, Yunus describes the new civilization that is emerging from the economic experiments his work has helped to inspire and offers a challenge to young people, business and political leaders, and ordinary citizens to embrace his mission to eradicate three unintended and pernicious aftereffects of unrestrained capitalism and thereby improve everyone's prospects.
Muhammad Yunus, a native of Bangladesh, was educated at Dhaka University and awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became head of the economics department at Chittagong University. He is founder and managing director of Grameen Bank, a pioneer of microcredit, an economic movement that has helped lift millions out of poverty. Yunus and Grameen Bank won the 2006 Nobel Peace Prize.
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