Dr. Yunus: The Solution to Poverty

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Discussion Overview

The discussion centers on Dr. Muhammad Yunus and his contributions to poverty alleviation through microcredit and the establishment of the Grameen Bank. Participants share links to videos and articles, express admiration for Yunus, and debate his recognition, particularly regarding the Nobel Prize.

Discussion Character

  • Exploratory
  • Debate/contested
  • Meta-discussion

Main Points Raised

  • Some participants highlight Dr. Yunus's innovative approach to microeconomics as a solution to poverty.
  • There are multiple links shared to videos and speeches by Yunus, with varying opinions on their quality and accessibility.
  • One participant expresses disbelief that Time magazine ranked Bill Gates and Bono higher than Yunus in terms of societal impact.
  • Another participant mentions that Yunus has been nominated for the Nobel Prize in Economics, suggesting he deserves recognition for his work.
  • Some participants express strong admiration for Yunus, calling him a hero and emphasizing the importance of his work in microcredit.
  • One participant shares a personal belief regarding wealth concentration and its impact on poverty, relating it to Yunus's work.
  • There are reports of Yunus winning the 2006 Nobel Peace Prize, with discussions on whether he should also receive the Nobel Prize in Economics.
  • Participants note issues with accessing some of the shared video links.

Areas of Agreement / Disagreement

Participants generally express admiration for Dr. Yunus and his work, but there are differing opinions on the recognition he has received, particularly regarding the Nobel Prize. The discussion remains unresolved regarding the extent of his impact compared to other figures like Bill Gates and Bono.

Contextual Notes

Some claims about Yunus's nominations for the Nobel Prize in Economics and the effectiveness of microcredit are not substantiated with detailed evidence, leaving room for further exploration of these topics.

Cyrus
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For those of you that have never heard of him, Dr. Yunus is from Bangladesh and is the solution to fighting poverty. His system is based on microeconomics. I have the video of him on Charlie Rose that I would like to share, but I can’t put a file that big on my crapy angel fire page. I managed to fit a small segment of him on there saying the quote on my profile. If anyone knows a free web hosting that will let me put up 50MB please let me know. The limit on mine is 20MB. Let the link load, and then refresh the webpage to see the video play. You MUST hear what he has to say, you WILL be enlightened.


http://www.angelfire.com/realm3/cyrusabdollahi/YUNUS.htm
 
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Here is one of his speeches. Its 1hr 28 min. Streams nice, and good quality. Some one give this man a nobel prize. How could time magazine say Bill Gates and Bono have done more to help society?...crackpot time magazine...

http://video.search.yahoo.com/video/view?&h=240&w=320&type=realmedia&rurl=haas.berkeley.edu%2FHaasGlobal%2Fevents.htm&vurl=video.haas.berkeley.edu%3A24874%2Framgen%2Fmedia-services%2FMicroFinConf%2Fyunus111904.rm&back=p%3Dmuhammad%2Byunus%26ei%3DUTF-8%26fr%3Dslv1-&turl=re2.mm-so.yimg.com%2Fimage%2F1850403964&name=yunus111904.rm&no=2&tt=9&p=muhammad+yunus&dur=5286
 
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Cyrus, thanks for that information. I would also add - http://www.grameen-info.org/.

I would not be surprised if Prof. Muhammad Yunus will win a Nobel Prize in Economics. According to a page on the site, Yunua may have been nominated twice for the Nobel in economics.
 
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Another Great Video from Stanford Graduate School of Buisness, transcript included at bottom of page. Run time: 32:24 Quality Excellent, Stream Excellent.


http://video.search.yahoo.com/video/view?&h=300&w=400&type=realmedia&rurl=www.gsb.stanford.edu%2Fnews%2Fheadlines%2F2004globalconf_yunus_speech.shtml&vurl=www.gsb.stanford.edu%2Fmultimedia%2Fevents%2Fglobalbusiness%2Fyunus.ram&back=p%3Dmuhammad%2Byunus%26ei%3DUTF-8%26fr%3Dslv1-&turl=re2.mm-so.yimg.com%2Fimage%2F1750794896&name=<b>yunus</b>.ram&no=1&tt=9&p=muhammad+yunus&dur=1944"
 
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Muhammad Yunus wins 2006 Nobel Peace Prize

http://today.reuters.co.uk/news/art...BEL-PEACE.xml&WTmodLoc=NewsArt-C2-AlsoToday-7

OSLO (Reuters) - Bangladeshi economist Muhammad Yunus and the Grameen Bank he founded won the 2006 Nobel Peace Prize on Friday for grassroots efforts to lift millions out of poverty that earned him the nickname "banker to the poor".

Yunus, 66, set up a new kind of bank in 1976 to lend to the very poorest in his native Bangladesh, particularly women, enabling them to start up small businesses without collateral.

I still think he should get the Nobel Prize in Economics for demonstrating the practical and profound concept that lifts millions out of poverty!

Go Yunus!
 
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Here is a short clip of Yunus that should give people an idea of what he is all about. This is the one where he uses the analogy of the bonsai tree.

I think cyrus posted a similar link a long time ago.

http://video.google.com/videoplay?docid=-6952243278225867888&q=Muhammad+Yunus&hl=en

I have always had a personal belief that that the wealthy want to keep people on the bottom. It is like a reverse trickle down theory, In as much as taking advantage of the poor and their labor moves wealth up and concentrates it at the top.
 
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the first 2 links don't seem to work
 
I have a new hero!
 
Nobel Peace Prize credits microlender

http://marketplace.publicradio.org/shows/2006/10/13/PM200610132.html

Muhammad Yunus, who founded the Grameen Bank in Bangladesh that offers very small loans, is recognized for his work in improving Third World lives.

KAI RYSSDAL: The last of this year's Nobel Prizes was announced this morning. The Peace Prize winner isn't a diplomat, a world leader or a peace activist. He's an economist. He runs a bank.

Muhammad Yunus founded the Grameen Bank in Bangladesh about 30 years ago, after a devastating famine there. Grameen specializes in what's called microcredit. Extremely small loans. Sometimes less than a dollar. We had Dr. Yunus on the program back in May:

MUHAMMAD YUNUS: So I made a list of people who were borrowing. And when my list was complete, there were 42 names on that list, and total money they needed was $27. I was shocked because I was trained to think in terms of millions of dollars, billions of dollars, not $27.

So Yunus lent them the $27. Out of his own pocket. He got it all back. And, in fact, the repayment rates on Grameen's microloans are far higher than those for most conventional loans. So far, more than 100 million people around the world have used microcredit.

Quite an exceptional man!

http://marketplace.publicradio.org/shows/2006/05/25/PM200605254.html
Muhammad Yunus's blend of capitalism and social responsibility has shifted the way rural economic and social development works. Host Kai Ryssdal talks with Yunus about microcredit and why it's been so successful over the last 32 years. (5/25/06)
 
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