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Building Social Business: The New Kind of Capitalism That Serves Humanity's Most Pressing Needs Hardcover – May 11, 2010

4.5 4.5 out of 5 stars 451 ratings

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Muhammad Yunus, the practical visionary who pioneered microcredit and, with his Grameen Bank, won the 2006 Nobel Peace Prize, has developed a visionary new dimension for capitalism which he calls “social business.” By harnessing the energy of profit-making to the objective of fulfilling human needs, social business creates self-supporting, viable commercial enterprises that generate economic growth even as they produce goods and services that make the world a better place.

In this book, Yunus shows how social business has gone from being a theory to an inspiring practice, adopted by leading corporations, entrepreneurs, and social activists across Asia, South America, Europe and the US. He demonstrates how social business transforms lives; offers practical guidance for those who want to create social businesses of their own; explains how public and corporate policies must adapt to make room for the social business model; and shows why social business holds the potential to redeem the failed promise of free-market enterprise.

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From the Publisher

Blurb from Independent (UK) for Building Social Business

Blurb from Sacramento Book Review for Building Social Business

Blurb from Spectator (UK) for Building Social Business

Customer Reviews
4.5 out of 5 stars
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4.6 out of 5 stars
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4.6 out of 5 stars
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Price $18.99 $9.89 $10.99
Explore the works of Nobel Peace Prize and bestselling author Muhammad Yunus Discover how global companies and social action groups are pioneering a new economic model. Learn about innovative financial tools, necessary legal changes, and how to join a movement creating a better, more inclusive world. Traditional capitalism has failed to solve inequality and poverty. This book introduces social business—entrepreneurial solutions to global problems like hunger, housing, and sustainability—and highlights an inspiring revolution in progress. Muhammad Yunus revolutionized banking by creating microcredit—small loans without collateral for the poorest. Grameen Bank has empowered millions, mostly women, to start businesses, sparking a global movement for economic inclusion.

Editorial Reviews

Review

The Spectator, June 2010“[A] reminder that capitalism can take kindlier forms: microfinance pioneer Yunus explains how he believes social enterprise can redeem what he regards as the failed promise of free markets.”   Sacramento Book Review, June 22, 2010“Giving poor people the resources to help themselves, Dr. Yunus has offered these individuals something more valuable than a plate of food, namely security in its basic form…. Dr. Yunus has invoked a new basis for capitalism whereby social business has the potential to change the failed promise of free market enterprise.” The Independent, June 6, 2010
“There are times when Professor Yunus' aims for Glasgow sound like something out of the Conservative's "Big Society" pitch. His latest book,
Building Social Business, is 300 pages of Big Society pleading for people to go out there and create businesses which generate cash and contribute to the greater good at the same time.” Daily Star (Pakistan), August 1, 2010“Even a hard-core skeptic would find it difficult not to dream once the magic of Dr Muhammad Yunus' words as presented in the book start to make sense.” Stanford Social Innovation Review, Fall 2010

CHOICE, September 2010
“In nine short, well-written chapters, Yunus provides genuine insight into global poverty and a unique perspective on the ways in which social businesses can coexist with traditional businesses to alleviate poverty and improve the lives of the world's citizens.” 

Malaysia Star, July 10, 2010“’Social business is about joy,’ says Yunus. Indeed, and the book itself is joy to read. In modest prose, Yunus tells of undertakings that instill hope. He also gives a lot of ideas, along with nuts-and-bolts practical advice for people who are ready to take the plunge into the world of social business. In the years to come, it seems certain that social business will become an integral part of our economic structure and will positively change the lives of many people.”  Daily Times (Pakistan), August 7, 2010“Yunus may be an astute (social) businessman, but he also has a savvy side. He is quick to point out that working for any social business does not mean lowering one’s standards, for they offer employees competitive salaries and benefits; it simply means not profiting from the poor…Yunus has a Nobel Peace Prize 2006 (shared with Grameen Bank) to show for his efforts, and is already playing around with the building blocks of a new poverty-free world order.” 

About the Author

Muhammad Yunus was born in Chittagong , Bangladesh, educated at Dhaka University, was awarded a Fulbright scholarship to study economics at Vanderbilt University, and became head of the economics department at Chittagong University in 1972. He is the founder and managing director of Grameen Bank. Yunus and Grameen Bank are winners of the 2006 Nobel Peace Prize.

Karl Weber is a writer based in Irvington, New York. He co-authored Yunus’s best-selling book, Creating a World Without Poverty.

Product details

  • Publisher ‏ : ‎ PublicAffairs; First Edition (May 11, 2010)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 256 pages
  • ISBN-10 ‏ : ‎ 1586488244
  • ISBN-13 ‏ : ‎ 978-1586488246
  • Item Weight ‏ : ‎ 1 pounds
  • Dimensions ‏ : ‎ 6.5 x 1 x 10.25 inches
  • Customer Reviews:
    4.5 4.5 out of 5 stars 451 ratings

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Customer reviews

4.5 out of 5 stars
451 global ratings

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Customers say

Customers find the book's ideas and business models inspiring and instructive. They describe it as a great, useful book on social business that is easy to read and understand. The book is considered one of the best on the subject and a brilliant masterpiece.

AI-generated from the text of customer reviews

34 customers mention "Idea value"34 positive0 negative

Customers find the book insightful and instructive on social business. They appreciate the creative ideas, exciting business models, and plans to create. The book provides a clear explanation of the theory and impact of social businesses. Overall, customers find it an interesting read that opens their eyes to new ways of doing business.

"...books were simply anecdotic; they are fascinating reading and highly instructive as to how this man himself started out and landed one of the..." Read more

"...now with this title, because I found it so much interesting and inspiring to people who wish to actively do something to improve the world we live in..." Read more

"...It is a treasure trove of creative ideas, exciting business models, and plans on how to create sustainable solutions for the betterment of the world..." Read more

"Needed this book for one of my classes and it’s so informative." Read more

29 customers mention "Readability"29 positive0 negative

Customers find the book readable and useful. They say it's one of the best books on the subject they've read in a long time, a good book for all generations, and a brilliant masterpiece. The writing is intelligent and great concepts are presented.

"This is undoubtedly Yunus’ best and most useful book for it gives detailed advice to the interested reader how to create and run a social business...." Read more

"...It is also a great book to have in a business and marketing program at the high school level...." Read more

"Well worth the read for understanding the Grameen concept of building Social business and the capacity of social business to impact the world in..." Read more

"...Either way this book is great, but more for practical use." Read more

4 customers mention "Time spent"4 positive0 negative

Customers find the book timely and quick to read. However, some readers find it repetitive.

"...quality services that are cost effective, ethical, professional, and timely...." Read more

"...Great idea and a book that takes time to read because of the repetitiveness of the material, but the soul of the author comes through." Read more

"came quick and was the book I was looking for." Read more

"Rigid and unforgiving in his views. Yunus is quick ......" Read more

Top reviews from the United States

  • Reviewed in the United States on February 17, 2016
    This is undoubtedly Yunus’ best and most useful book for it gives detailed advice to the interested reader how to create and run a social business. This doesn’t mean his first two books were simply anecdotic; they are fascinating reading and highly instructive as to how this man himself started out and landed one of the greatest social businesses so far created on the globe: Grameen Bank.

    I think that without knowing ‘the story’ one would simply be short of believing that it can be done, that we can really erase poverty by the novel institution of ‘social business.’ In fact, this extraordinary man was facing multiple obstacles, and while some of them were to be expected, the main obstacle was always and repeatedly lack of faith, lack of insight that the poor are trustworthy loan takers, and business partners. He didn’t want to establish a bank, he started out with working with banks, standing as a guarantor, and increasingly the banks were unwilling to cooperate with the argument that the poor ‘do not qualify for loans.’ As there was no real cooperation thus with banks, he simply resorted to the ultimate solution: to start a bank all by himself.

    I especially liked the Introduction of the book which is written in a very fluent style, outlining and anticipating the main ideas presented in the book.
    8 people found this helpful
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  • Reviewed in the United States on June 3, 2012
    One of the most useful books I have read and referred to on many occasions. As our cohort from the Workforce Development Advocate program of the California State University of Sacramento completes a long journey with this book Building Social Business: The new kind of capitalism that serves humanity's most pressing needs by Muhammad Yunus. Yunus is also the co-founder of Grameen Danone and Veolia. The cohort had shared this book by presenting the information given in each chapter.

    This was one of the best ways to actually cover an entire book.
    Yunus dreamed of helping others and to end poverty. He created a micro-credit system to help poor woman establish a business in Bangladesh. This system is also known as Social Business. Some of his stories that he shares in the book are from some amazing people that are all trying to make a living. This second chance has made that happen. This book covers all that is needed in order to start-up a small business.

    I recommend this book to anyone wanting to start a business. It is also a great book to have in a business and marketing program at the high school level. I also recommend that any student looking for a community service project, entrepreneurship or social business.
    2 people found this helpful
    Report
  • Reviewed in the United States on September 11, 2015
    I usually do not take the time to rate and review any book.
    I will invest my time in doing this now with this title, because I found it so much interesting and inspiring to people who wish to actively do something to improve the world we live in, to make it a fairer world and to cure poverty and other social diseases.
    I have been a witness of the decay of capitalism in modern times. As an economist, I agree with Mr. Yunus that something is not working well in our "systems", there is poverty all around the world and crisis episodes, such as the one we are still getting out, only exacerbate this and other social problems.
    Entrepreneurship has been a key element in our world's transformation. It brings together creativity, will, needs and dreamers to find a new way to address new or existing markets in a way actual enterprises do not do it. If you are a person who wish to start out a project, if you are involved right now in the Social Sector or if you just want to help improve the community you live in, this book is just meant to be yours.
    In its pages, Mr. Yunus describes in depth his concept of "Social Business", the building brick of a new kind of capitalism, a more social, more human and more environmental friendly type."Social Capitalism" Theory will re-define the "Homo Economicus" person to a new agent which looks out for generating Social Value and not only individual proftis. His concept is a squared and sounding theory and, most amazingly, has proved to be working in the distant country of Bangladesh. More than communicating an economic theory with a new approach, he's trying to open our eyes and show us that poverty can be alleviated and, with it, so much human suffering.
    At the end, it is all about Hope, of giving us back Hope that a better world can be created... and Bangadesh is leading the way, for the first time, a Developing Country is leading the race! A New World can be built, a world without poverty. What is needed is sharing new ideas and inspiring examples to move "dreamers" to take a more active role in their society's transformation. This books is those two things.
    You will really enjoy it!
    3 people found this helpful
    Report

Top reviews from other countries

  • Elizabeth
    5.0 out of 5 stars Amazing
    Reviewed in Mexico on September 15, 2019
    A must read for everyone, specially if you want to do something for the world. Muhammad is a true visionary in this days.
  • I bought this and it doesn't play any more . where I get support
    5.0 out of 5 stars Five Stars
    Reviewed in Canada on November 17, 2017
    Excellent book and an excellent Idea to eliminate poverty world wide.
  • Nk
    5.0 out of 5 stars A relevant book
    Reviewed in India on September 26, 2019
    Brilliant book !
  • Cliente Amazon
    5.0 out of 5 stars Inspirinh, life-changing book
    Reviewed in Brazil on May 21, 2017
    Building Social Business is a wonderful and truly inspiring book.
    I'd recommend it to any enterpreneur, student, company worker... or anyone who believes in a much better world and wants to be part of it.
  • Alonso
    5.0 out of 5 stars One important books to understand the MORROW.
    Reviewed in the United Kingdom on November 9, 2015
    A book which should be on every teachers and educators shelf.

    It is more than just a book dedicated for the book shelf, rather
    than an encouragent to evaluate privatly owned current business
    models, and community owned social businesses and enterprises.

    I found this book, analytical, well researched and a guide
    of things to come....