"Yes, ICT can end world poverty if implemented as a Social Business" -- Abhishek Prateek

Thought inspired from Muhammad Yunus's book:

"Creating a World Without Poverty: Social Business and the Future of Capitalism" by Muhammad Yunus
http://www.amazon.com/Creating-World-Without-Poverty-Capitalism/dp/1586484931/ref=sr_1_1?s=books&ie=UTF8&qid=1289358837&sr=1-1

I totally agree with Yunus that "Social Business" is the future of Capitalism that would serve humanity's most pressing needs.

If you don't feel so, don't worry. When 30 years ago Yunus said "Microfinance" is going to improve millions of lives in the developing regions, everybody laughed at him.
Prominent bankers and economists around him said, "If the poor are really poor, how can they pay back loans?"
And then 30 years later they end up giving him a Nobel Prize for "Microfinance"

So it might as well take another 30 years for people to understand the true power of "Social Business".

Just keep deploying the good ICTD projects as Social Businesses and we'll eradicate poverty from this world!!!

With microfinance, Yunus just reinforced the truth in Mahatma Gandhi's statement, "First they ignore you, then they laugh at you, then they fight you, then you win!”
WE need to do it again with his idea of "Social Business"!

Cheers!
Abhishek

On Tue, Nov 9, 2010 at 12:12 PM, Yaw Anokwa <yanokwa@gmail.com> wrote:

"Many development experts promote information and communication
technology (ICT) as a way to relieve global poverty. They should pay
more attention to the human beings who use it." -- Kentaro Toyama

kentaro has a great piece on technology and poverty at
http://www.bostonreview.net/BR35.6/ndf_technology.php. make sure to
read the responses from nicholas negroponte, nathan eagle, dean
karlan, jenny aker, archon fung, christine zhenwei qiang, evgeny
morozov and ignacio mas.
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