Selfless capitalism

March 2024 Forums General discussion Selfless capitalism

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  • #85973
    alanjjohnstone
    Keymaster

    Muhammed Yunis, the pioneer of micro-credit bank and founder of the Grammen bank, comes up with his model of what capitalism should be like.

    http://news.trust.org/item/20180108095201-4qpue/

    Quote:
    another kind of business built on the basis of selflessness—business to solve people’s problems. This I call social business, something that doesn’t exist in the business theory today. In selfless business, the entrepreneur will not have any intention of making any personal profit. Company will make profit, but profit will stay with the company, to expand after the entrepreneur gets his or her investment money back… in selfless business you only think about bringing benefits to other people without paying any attention to your personal gain. If we can introduce social business idea to the world, we can have a better and balanced world for all of us.
    #131378
    jondwhite
    Participant

    So basically a non profit social enterprise

    #131379
    TheMightyYoghourt
    Participant

    And another stoned-out dream of what will never be.  How do these creatures make it out of bed each day?

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