Birthday of Muhammad Yunus | Naming the Days

Muhammad Yunus, founding father of the Grameen Financial institution, has loaned billions of {dollars} to thousands and thousands of poor individuals who have had no collateral as backup. A lot of the debtors have been ladies, and they’re grateful to this program for serving to them to cross over the poverty line. Better of all, Yunus has given hope to those that have been handled shabbily and considered too lazy or uneducated to work; given an opportunity they’ve confirmed to be simply the other.

Yunus is considered one of solely seven folks on the planet to win the Congressional Medal, the Presidential Medal of Freedom, and the Nobel Peace Prize.

To Title This Day . . .

E book

Discuss his e book: A World of Three Zeroes: The New Economics of Zero Poverty, Zero Unemployment and Zero Web Carbon Emissions, Muhammad Yunus reveals the ethical rot in capitalist societies the place greed, corruption, and amorality have led to widespread unemployment, environmental chaos, and staggering inequality between the wealthy and the poor. A 2017 Oxfam report exhibits that simply eight folks (together with Invoice Gates, Warren Buffett, and Jeff Bezos) personal extra wealth than the underside 50 p.c of the world (3.6 billion folks).

It’s evident that such a large hole between the wealthy and the poor alerts the necessity for a brand new financial system that posits altruism and generosity because the central powers behind the human quest for that means.

Speak in regards to the implications of Yunus’ options with household, pals, or colleagues:

• What have you learnt about “the sharing economic system” as an alternative choice to capitalism?

• What variations would you anticipate to see if the economic system emphasised selflessness fairly than self-interest, the place fixing issues would take priority over revenue?

Movie

Watch the documentary:
Bonsai Folks: The Imaginative and prescient of Muhammad Yunus is an enlightening documentary in regards to the revolution wrought by Muhammad Yunus and the Grameen Financial institution’s micro-finance loans to the poor. The director Holly Mosher takes us to Bangladesh to see how ladies are chosen for this program and the way they use their loans. It’s inspiring to listen to the success tales of those that have confirmed themselves to achieve success entrepreneurs.

Quotes

Replicate upon these quotes by Muhammad Yunus:

“At some point our grandchildren will go to museums to see what poverty was like.”

“Folks had been poor not as a result of they had been silly or lazy. They labored all day lengthy, doing complicated bodily duties. They had been poor as a result of the monetary establishment within the nation didn’t assist them widen their financial base.”

“Earning profits is not any enjoyable. Contributing to and altering the world is much more enjoyable.”

“The oneness of human beings is the essential moral thread that holds us collectively.”