As a Scot who has worked in 40 countries, I don't claim to know any nationality well. I sometimes dream that we could connect
the extraordinary positives of each culture that has kindly let me survey what young people wanted to work on next.
That includes Scots - more than half of whom sailed the seven seas between
1700 and 1850. Around 1700, an international finanacial scam caused Scottish people to lose half of all their savings. The
result a hostile takeover by 18th C England to whom Scots became just one more peoples to empire over.
Adam Smith probably
penned the first ideas of economics in an attempt to reconcile peoples' freedom to host their own communities and marketplaces
bottom-up. And by 1843 the Scot James Wilson did something remarkable. James was an alumni of both Adam and the
french entrepreneurial school. He went down to Scotland with the intent to end hunger. His game play to become a member of
parliament with the goal of throwing out MPS who were sponsored by the corn law monopoly. James' most extraordinary move was
to launch The Economist to help openly question leaders and MPs. James succeeded in ending the corn laws but he died before
his time- 9 months into trying to change Raj economics in Calcutta. Today, the dhydration he died of is resolved by
BRAC's wonderfully economic knowledge sharing networks. Sir Fazle Abed is himself an alumn of Glasgow University.
INNOVATION IN THE WORLD
James would have loved the community based economics networking that the first 40 years of Bangladesh
as a nation has invented, and has tried to open source. My father Norman Macrae wrote at The Economist for 40 years, and when he died last summer he wanted scottish universities to help relaunch a journal on entrepreneurial economics - that invests in youth. Dr Yunus was the only leading Bangladeshi that my father met in his last 3 years, so
last summer we simply thought of Journal of Social Business as a name that could help the net generation celebrate
the world's greatest invention - that which has primarily developed out of the intergenerational investments of 20 million
poorest Bangladeshi women.
This week I complete the 4th hemisphere celebration of the Journal's emergence out of Paris
with the extraordinary youth linked in to http://www.danonecommunities.com Just over a month ago, our launches started both at the Press Club in Dhaka and at the microcreditsummit
campaign update at the Press Club in Washington DC. Meanwhile the other social business loans from my dad's estate have been
focused on Kenya's http://www.jamiibora.org and the Joburg hub who have been circulating the Journal out of Africa. This hub is a networking space that the head of Google's Africa
program also uses to multiply knowledge that peoples most need to action learn.
Consistently ranked humanity's most productive networking event -achieving
its 10 year roadmap of giving 100 million families access to ending poverty - microcreditsummit comes to Indonesia: http://www.inamicrocreditsummit.org/ July 28-30
08.3 how to sustain your city's largest monthly collaboration citizen meeting on yunus and celebrating humanity
08.4 yuNus youtubes and resources -development; catlaoguing on how to use to save 24 different worlds; how
to increase any time accessibility and peer to peer debriefings http://wholeplanet.tv/id27.html
of the better kept secrets of visiting Dhaka is the extraordinary range of leaflets on talks given by Dr Yunus and his leading
entrepreneurs of green energy, health and social business's other sustainability solutions
If you succeed in geting a lecturer to use a leaflet as a classroom debating stimuli - do tell us so we can put
leaflet dialigue alumni in touch with each other
HOW DID GANDHI CREATE HIS JOB AS THE 20TH CENTURY NUMBER ! LEADER OF PEACEFUL NATIONAL ECONOMY REVOLUTION
As global village Scots, we report this from the viewpoint of my maternal grandfather - a fellow Bar of London Barrister whose job as chief justoce
of the Mumbai region mainly involved 25 years of arbitration with Mahatma Gandhi. Of course culturally there are many far
more exciting local reports (tell us if you have one to post below firstname.lastname@example.org) Gandhi didnt see anything he
wanted to study in his home region of India or Mumbai its main capital. So he talked his families into funding him to study
law at the Bar of London. When he returned to Mumbai , there was no work for Indians that matched his qualificiations so some
expatriates in South Africa invited him to become their number 1 lawyer. Gandhi began sailing through the triad of Mumbai,
Durban and London. On one occasion he was marooned in London just as World War 1 started- charicteristically the then 45-year
old gandhi devoted himself to months of being a paramedic . On a much earlier home-trip he started leafletting stories of
how few real livelihood opportunities Empire left locals in both South and Eastern hemispheres, and a local newspaper asked
him to write an article. This got seen by the Raj authorities "reutered/telegrammed" back to London and South Africa
- what's this young person up to? That's how Gandhi started to become worldwide networked -linking in his social networks
as a bar of london student, a lawyer in south africa, and a reporter in India. Also his many sailings started to become YouthCreativeLabs
where disciples could enjoy several weeks of tutoring,and pitch entrepreneurial ideas. However, it wasnt until Gandhi was
nearly 40 that he had a system-transforming AHA "whole truth" moment "Satyagraha" - when he was thrown
out of a first class carriage of a south african train for having the wrong color skin. He concluded his profession- ruling
with British Imperial Law - was the main conflict with the future freedoms and happiness of 99% of the peoples (in africa
and india). His plan which he spent the scond half of his life on - was plant a totally new education system from kindergarten
up to university and once a first generation had graduated invite them to peace marches (eg to collect salt fom the sea- something
the British salt manufacturing monopoly banned) and other demonstrations to massively free human interest stories which by
now the EMpire's media and my grandad were being ordered to censor. The ending was happy in 2 ways and sad in another. Maria
Montessori joined in Gandhi's education revolution - which has been sustained in such wonderful schools as Lucknow India and 40000 village schools network in Bangladesh. Also joyfully my grandfathers last job was to write up the legalese of India's Independence. Sadly Gandhi was assasinated
partly before he wanted the whole continent to remain united not to be split into India and what became West and East Pakistan
(the latter finally becomg free as Bangaldesh in 1971).
Is this story relevant today. Why yes! The Mandela
Elders have been supporting what is so far a 15 year effort to free educational systems around missing curricula of youth
entrepreneurship. #2020now aims to help south african youth co-create a million jobs. Could such a curriculum be of massive open online value to the worldwide youth Diaspora and twin capitals of youth jobs summits ?
Prime Minister Gordon Brown: Hello How are you, what
Muhammad Yunus: It’s a pleasure
PM :It’s good to see you
(They Shake Hands)
Scene 2 Muhammad Yunus Introduces himself to the camera from the heart of 10 Downing Street
I am Muhammad Yunus from Bangladesh with Grameen bank. We lend money to extremely
poor people for income generating activities. I am suggesting that Africa needs a lot of microfinance programs
– tiny loans 30 dollar, 45 dollar 100 dollar – and paid back in weekly installments. It doesn’t need any
collateral. It doesn’t need any lawyers into it but the repayment rate is very high: 98% or 99%.
Microfinance is very important because it allows
people to bring out their own initiative, bring out their own capability. And they can move on their own speed to cerate income,
to get out of poverty. And people in Africa are very enterprising people, particularly women. Microfinance
focuses on women. Today in Bangladesh within Grameen Bank we have 7.5 million borrowers a- 97% of them women. The Prime Minister
is very much aware of it; very supportative of it. So we will discuss how to make it happen in Africa
Scene 3 PM and Dr Yunus sitting round a cup of tea
PM There is so much goodwill to the work you have been
doing, and it is so important
Scene 4After tea:
Muhammad Yunus denouement
At the same time, we will be
discussing another concept – the social business :business to do good to people -(show
copy of Dr Yunus new bestselling book Creating a World Without Poverty- Social Business, The Future of Capitalism ).This is business where you aim at the social objectives, not for making money for yourself. You cover your cost, make
profit but the profit doesn’t go to investors or outsiders but stays with the company to achieve the goal that you set
out to help achieve or lead.
Institute Yunus has been described by BusinessWeek as one of the "greatest entrepreneurs of all time."
He received a bachelor's degree and a master's degree from the University of Dhaka and a Ph.D. from Vanderbilt University.
Speakers: Eric Schmidt, Chairman and CEO, Google Inc. Craig Venter, Founder and President, J. Craig Venter Institute; Co-Founder and CEO, Synthetic Genomics Inc. Muhammad Yunus, Nobel Peace Prize Laureate, 2006; Managing Director, Grameen Bank
Moderator: Michael Milken, Chairman, Milken Institute; Chairman, FasterCures / The Center for Accelerating Medical Solutions
Some of the most inventive minds in business are harnessing the power of technology and the
markets to create sweeping shifts in the way we live, work and interact. By combining top-notch intellectual talent with non-traditional
approaches, bold ideas, major investments and cutting-edge technology, they are innovating on a grand scale. Our panelists
will discuss how pioneering business ventures can drive social change.
email@example.com welcomes additions to this Yunus literature list (wider mfi lists include 1)
Yunus, Muhammad, Credit for Self Employment: A Fundamental Human Right, Grameen Bank, Dhaka, 1987.
Yunus, M. and Jolis, A.(1998) Banker to the poor: the autobiography of Muhammad Yunus, founder of the Grameen Bank.
Yunus M, Creating a World Without Poverty: Social Business, Future of Capitalism, 2008
Yunus, Muhammad, Experience in Organizing Grassroot Initiatives and Mobiliing People's Participation: The Case
of Grameen Bank Project in Bangladesh. Paper Presented at the 25th World Conference of the Society for International Development.
Baltimore, Md., 1982.
Yunus, Muhammad, 1983, "If you can't beat them join them; or, how to operate your
own financial institution", in Mattis, Ann, ed., 1984, A Society for International Development Prospectus, Duke UP for
Society for International Development, Durham, NC, p. 79?90.
Yunus, Muhammad, Jorimon and Others, Grameen Bank,
Yunus, Muhammad, Grameen Bank - The First Decade, Asian and Pacific Development Centre, 1986.
Muhammad, Strategy for the Decade of Ninties, Grameen Bank, Dhaka, 1989.
Yunus, Muhammad, Peace is Freedom from
Poverty, Grameen Bank, Dhaka, 1991.
Yunus, Muhammad, 1991, The Grameen Bank: Experiences and Reflections, Grameen
Yunus, Muhammad, Experiences and Reflections, Grameen Bank, 1991.
Yunus, Muhammad, 1994,
Grameen Bank As I See It, in Gibbons, David S, 1994, ed., The Grameen Reader, 2nd edition, Grameen Bank, Dhaka, p. 62-98
What Everybody Needs to Know First About Economics
We are shocked how few people know of the main
findings of the renowned economist Maynard Keynes- increasingly only economics riles the world and the greatest risk to the
future working lives of our children comes from elderly macroeconomists who hire themselves out to the biggest who want to
Historically when faulty systems
of macroeconomists ruined civilisations they fell one by one. But Einstein took Keynes logic further and hypothesised that
the first generation to become more connected than separated by technology would be subject to a final exam. Now if we let
erroneous macroeconomists rule whole continents of nations will collapse.
By 1976 my father (Norman macrae) -probably the last student of economics
mentored by Keynes- was writing at The Economist why the next half century would see the net generation tested
- he called upon the genre of Entrepreneurial Revolution (ER) networkers to sort out the greatest innovation challenge economics - and so the human race - will ever face .
The opportunity of 10 times
more productivity for the net generation (with million times more collaboration technology than man's 1960's race to moon)
THREAT is preventing the threat of collapsing continent-wide
system of value exchange. By 2020 the (exponential track impacting future) sustainanbilyty of every village around the globe
will likely be lost or won