I wanted to give money to people like this woman so that they would be free from the moneylenders to sell their product at the price which the markets gave them - which was much higher than what the trader was giving them.
Interpretation
The quote emphasizes the importance of economic freedom for individuals to fairly price their products without exploitation from moneylenders.
In this quote, Muhammad Yunus expresses his desire to empower individuals, particularly those who are economically disadvantaged, by providing them with financial support that liberates them from the exploitative practices of moneylenders. By enabling these individuals to sell their products at fair market prices, Yunus highlights the significance of economic autonomy and the dignity that comes from being able to engage in commerce without being oppressed by intermediaries. This call for economic justice reflects a broader philosophy of fostering entrepreneurship and self-reliance among marginalized communities.
In practice
In a speech advocating for microfinance, one might use this quote to emphasize the importance of fair pricing in business.
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.
Mathematicians are like managers - they want improvement without change.
When we understand every single secret of the universe, there will still be left the eternal mystery of the human heart.
To the extent that you eliminate ego from your activities, God comes into them - but no more and no less. Begin with that, and let it cost you your uttermost. In this way, and no other, is true peace to be found.
And you know, there's less charm in life when you think about death--but it's more peaceful.
If a man thinks he is not conceited, he is very conceited indeed.
Even the 'Negro' shows like 'Amos and Andy' and 'Beulah' are written largely by white writers - the better to preserve the stereotypes, I imagine.
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