"Each individual is a powerhouse." Muhammad Yunus, 2006 Nobel Peace Prize

2,226 views · Published 28 May 2014 · 0:51 · Indexed 6 November 2026

Channel: Nobel Prize · 2014 · Education

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Rather than ask whether people are 'creditworthy', should we ask whether banks are 'peopleworthy'? Muhammad Yunus, awarded the 2006 Nobel Peace Prize, sees a capitalist system where the rich get richer while large parts of the world's population live under difficult conditions. In this conversation he talks about empowering people through microfinance and how the joint participation of women is necessary for any society to succeed. Yunus presents a vision of a future in which poverty and unemployment are eradicated, and each individual's creativity released.

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