More balance between profit, charities needed: Yunus
Ìý
Muhammad Yunus, the 2006 Nobel Laureate, who was in Montreal to speak atÌý the CEO Speaker Series at Desautels Faculty of Management and a conference at Ï㽶ÊÓƵ, says the world is too often divided between businesses that are designed to grow profits, and NGOs and other outfits that operate as charities.
Yunus believes the standard business model relies too heavily on
one dimension of human endeavour and does not square with the fact
that most people are not always thinking about simply maximizing
profits. "We are selfish so we build a whole theory on selfishness.
We are also selfless. But there is no business created out of
selflessness. If you want to be selfless, you step outside of
economics."
Yunus was invited by the McGill World Platform on Health and
Economic Convergence, which is signing a memorandum of
understanding with Grameen.
Read full article: , September 30, 2010
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