“I try to kind of enlightened my frustration and agony by coming to the conclusion that I may not be useful as an economist but I m still a basic human being. I can juts go out and stand next to human being. And see if there s anything I can do to another person. Even for a day if it is help pay for more a day I feel more a little bit better. ”
“We are faced with famine in 1974 and people are dying of hunger. When people are dying of hunger, and you are a young economic teacher, teaching an elegant economic theory in the class room, it doesn't make you feel good. Because all your brilliant theories don't seem to, come into use of the people who dying. And it 's death you cannot explain because it's not cause of disease. ..it's just of not having food to eat...So in the situation like that you have nothing but frustration and agony. So one way, I try to kind of enlightened my frustration and agony by coming to the conclusion that I may not be useful as an economist, but I'm still a basic human being. I can juts go out and stand next to human being. And see if there's anything I can do to another person. Even for a day if it is help, pay for more a day, I feel more a little bit better. So that's why I started going outside the campus..I thought if you can become an angel for 27 dollars, it would be fun to do more of it ”
“I thought, if you can become an angel for 27 dollars. It would be fun to do more of it”
“If we want to help poor people out, one way to do that is to help them explore and use their own capability. Human being is full of capacity full of capability, is a wonderful creation. But many people never get a chance to explore that, never, no that she nor he has that”
“In the United States I saw how the market liberates the individual and allows people to be free to make personal choices. But the biggest drawback was that the market always pushes things to the side of the powerful. I thought the poor should be able to take advantage of the system in order to improve their lot.Grameen is a private-sector self-help bank, and as its members gain personal wealth they acquire water-pumps, latrines, housing, education, access to health care, and so on. Another way to achieve this is to let abusiness earn profit that is then txed by the government, and the tax can be used to provide services to the poor. But in practice it never works that way. In real life, taxes only pay for a government bureaucracy that collects the tax and provides little or nothing to the poor. And since most government bureaucracies are not profit motivated, they have little incentive to increase their efficiency. In fact, they have a disincentive: governments often cannot cut social services without a public outcry, so the behemoth continues, blind and inefficient, year after year.”
“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.”
“I profoundly believer, as Grammen's experience over twenty years has shown, that personal gains is not the only possible fuel for free enterprise. Social goals can replace greed as a powerful motivational force. Social-consciousness-driven enterprises can be formidable competitors for the greed-based enterprises. I believe that if we play our cards right, social-consciousness-driven enterprises can do very well in the marketplace.”