Building Social Business

Nobel Peace Prize-winner Muhammad Yunus has developed a new form of capitalism he calls "social business." An economic model that combines the energy of profit-making with the objective of fulfilling human needs, "social business" seeks to create self-supporting, viable commercial enterprises that generate economic growth while producing goods and services that make the world a better place. It has been adopted by leading global corporations including BASF, Intel, Danone, Veolia, and Adidas, as well as entrepreneurs throughout the world. Muhammad Yunus discussed how "social business" transforms lives, offered practical guidance for those who want to create social businesses of their own, and explained how public and corporate policies must adapt to make room for the "social business" model.

Listen to audio of the complete event at http://www.thechicagocouncil.org/podcast_details.php?podcast_id=264

Category:

Education

Tags:

• Muhammad Yunus
• Social business
• Nobel Peace Prize
• the Chicago Council
• Global