2019-03-23

Professor Muhammad Yunus at Sunway University 17th August 2018

When we want to help the poor, we usually offer them charity. Most often we use charity to avoid recognizing the problem and finding the solution for it. Charity becomes a way to shrug off our responsibility.

But charity is no solution to poverty.

Charity only perpetuates poverty by taking the initiative away from the poor. Charity allows us to go ahead with our own lives without worrying about the lives of the poor. Charity appeases our consciences.

I believe that we can create a poverty-free world because poverty is not created by poor people. It has been created and sustained by the economic and social systems that we have designed for ourselves; the institutions and concepts that make up that system; the policies that we pursue. #WealthConcentration

You change the system and people get out from poverty.

 It is the ability to control capital that gives people the power to rise out of poverty.

 ~ Muhammad Yunus, Banker to the Poor: Micro-Lending and the Battle Against World Poverty



Notes from Professor Muhammad Yunus' Sharing

Social business VC fund, should be making young people life ready and not job ready.

You have 2 options: job seeker or job creator. You choose which way you want to go.

If you want to be an entrepreneur you don't need that piece of paper.

The whole problem of unemployment is created by the concept of employment.

On carbon emissions: Job for what? If the whole planet is not there.

Which direction are we driving the technology? Money makers, war makers.

More ways of expressing, more ways of mobilizing info.

Machine doesn't forget, doesn't get confused.

Once you come to break even, what happens next?

Can you save us? Can you undo? Can you redesign the system?

Old roads get to the old destination.

People are smart. All you have to do is to give them the opportunity. They qualify themselves.

Social driver in technology.

If all business is social business, will there still be wealth concentration?

Just help them how to see. Become aware that you have that enormous power.

I don't care, because it helps.

Is there any law to prohibit business to make profit?

Making money is happiness.
Making other people happy is super happiness.

If you do it, then you can compare.

Your school only teach you to do business and make money, that's what went wrong.

With dollar alone, you see only yourself.

The selfless part of you is completely blocked out from capitalism.

But you can do both.

Job is an obsolete idea. It should have obsolete in the last century but somehow...

You have obstacle, you get over it.

Natural human being vs artificial human being, mind completely disturbed by education system.

What Is Social Business

A charity dollar has only one life; a Social Business dollar can be invested over and over again. ~ Muhammad Yunus