Capitalism has been interpreted as an exclusively profit-centric human engagement. Some have been saying to bring people and planet into the picture. This can be a good change, but it is still not fully operationalized. Are you putting people, planet and profit at the same level?
Interpretation
This quote critiques capitalism for focusing solely on profit while emphasizing the importance of people and the planet.
Muhammad Yunus highlights the limitations of traditional capitalism, which often prioritizes profit over social and environmental considerations. He advocates for a more holistic approach that balances the needs of people, the planet, and profit, suggesting that true change in economic structures requires operationalizing these values equally.
In practice
During a business seminar focused on sustainability, this quote can encourage discussions about ethical capitalism.
Civilization has given us enormous successes: going to the moon, technology. But then this is the civilisation that took us to debt, environmental crisis, every single crisis. We need a civilization where we say goodbye to these things.
What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the process of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. A a result, poverty continues.
People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base.
Some people think that poor people are lazy. Actually, it takes a lot of work to survive when you are dirt-poor.
Once poverty is gone, we'll need to build museums to display its horrors to future generations. They'll wonder why poverty continued so long in human society - how a few people could live in luxury while billions dwelt in misery, deprivation and despair.
By simply capitalizing on core strengths and knowledge, companies and entrepreneurs can engage in an emerging business model that will enable them to create - and demonstrate - real, sustainable social impact in society.
A man who has work that suits him and a wife, whom he loves, has squared his accounts with life.
We understand that Nixon's aggression against Vietnam is a racist aggression, that the American war in Vietnam is a racist war, a white man's war...We deplore that you are being used as cannon fodder for U.S. imperialism. We've seen photographs of American bombs and antipersonnel weapons being dropped, wantonly, accidentally perhaps, on your heads, on the heads of your comrades.
I think I exist,' he said wearily. 'I am conscious of my own identity. I was born, and I shall die. I have arms and legs. I occupy a particular point in space. No other solid object can occupy the same point simultaneously.
There are things which a man is afraid to tell even to himself, and every decent man has a number of such things stored away in his mind.
It is almost irrestible for humans to believe that we have some special relation to the universe, that human life is not just a more-or-less farcical outcome of a chain of accidents reaching back to the first three minutes, but that we were somehow built in from the beginning.
All beings are by nature are Buddhas, as ice by nature is water. Apart from water there is no ice; apart from beings, no Buddhas.
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