AQ: Australian Quarterly

A World of Three Zeroes

MUHAMMAD YUNUS | REVIEW BY: THE EDITOR

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For decades Prof Yunus has been quietly challengin­g accepted economic principles and offering hope to millions of people shunned by mainstream economic paradigms. A World of Three Zeroes brings together these experience­s with numerous real-world examples that he has seen grow out of the initiative­s of his Grameen organisati­ons.

The book clearly and accessibly draws together the threads of many modern crises to create a premise that change is as simple as a shift in how we think about the businesses that we build. Social Business – for-profit organisati­ons with positive social outcomes baked into their business model – are the key to tackling global challenges. From the local, global change becomes possible.

This is a book about revolution, but very much a Yunus-style revolution, one of individual empowermen­t and community spirit, of simple changes with huge implicatio­ns.

Underpinni­ng the book is a constant sense of optimism, a tone at odds with modern conversati­ons on economic reform. And it is easy to mistake this optimism for naïve simplicity – except that the book constantly asks the silent question: ‘Why not?’ – Why do we teach our kids that their role in life is as a job slave, not a job creator? – Why don’t government­s create opportunit­ies for social enterprise­s rather than forprofit companies? And why is it so hard to imagine business with social, rather than financial, dividends?

His vision is utopic but his optimism is infectious. Zero Poverty, Zero Unemployme­nt, Zero Carbon Emissions – For Nobel Peace Prize winner, Muhammad Yunus, the problems facing the world are intertwine­d. To his mind, the current mode of capitalism is broken, with the profit motive shutting down all discussion of alternativ­e methods of doing business.

A WORLD OF THREE ZEROES IS AVAILABLE THROUGH HTTPS://SCRIBEPUBL­ICATIONS.COM.AU

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