"Poverty is unnecessary.“

-Muhammad Yunus

posted in Finance

Muhammad Yunus quote on Finance: "Poverty is unnecessary." - Aesthetic Wallpaper & Wisdom

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"There is the expression of selfishness and there is the expression of selflessness - but economists or theoreticians never touched that part. They said: 'Go and become a philanthropist.' I said, 'No, I can do that in the business world, create a different kind of business - a business based on selflessness.'"

-Muhammad Yunus

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"Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame."

-Muhammad Yunus

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"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."

-Muhammad Yunus

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"I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over."

-Muhammad Yunus

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"My greatest challenge has been to change the mindset of people. Mindsets play strange tricks on us. We see things the way our minds have instructed our eyes to see."

-Muhammad Yunus

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"Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result, now 96% of our four million borrowers in Grameen Bank are women."

-Muhammad Yunus

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"Under capitalism, man exploits man. Under communism, it's just the opposite."

-John Kenneth Galbraith

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"Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive."

-John Kenneth Galbraith

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"The poor don't know that their function in life is to exercise our generosity."

-Jean-Paul Sartre

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"Security depends not so much upon how much you have, as upon how much you can do without."

-Joseph Wood Krutch

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"It's not the having, it's the getting."

-Charles Spurgeon

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"In 1973, women got 59 cents on the dollar now we are getting 74 cents on the dollar. In the area of finance and business, we are at 68 cents on the dollar."

-Billie Jean King

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