Along a dirt road in Bangladesh’s green, fertile heartland, 140 miles northwest of Dhaka, workers in flip-flops are hauling bricks, pouring cement and hammering boards. The object of their labor: a small yogurt factory being built by Danone, the French food company, on the outskirts of Bogra.
It may not look like much, but the one-story building behind a wrought-iron gate is the epicenter of a Big New Idea – one that Muhammad Yunus, the winner of last year’s Nobel Peace Prize for his pioneering work on microcredit, thinks can revolutionize a world still being transformed by his first big idea. Read the rest of this entry »
August 1, 2008
Thank you for that welcome and for the privilege of speaking at this forum.
This is the last time I will come to Davos as a full-time employee of Microsoft.
Some of us are lucky enough to arrive at moments in life where we can pause, reflect on our work, and say: “This is great. It’s fun, exciting, and useful—I could do this forever.”
But the passing of time forces each of us to take stock and ask: What have I accomplished so far? What do I still want to accomplish?
Thirty years, twenty years, ten years ago, my focus was totally on how the magic of software could change the world.
I believed that breakthroughs in technology could solve the key problems. And they do—increasingly—for billions of people. Read the rest of this entry »
Reasononline that is for free minds and free markets describes a ‘Reason debate’ featuring Milton Friedman, Whole Foods’ John Mackey, and Cypress Semiconductor’s T.J. Rodgers:
Thirty-five years ago, Milton Friedman wrote a famous article for The New York Times Magazine whose title aptly summed up its main point: “The Social Responsibility of Business Is to Increase Its Profits.” The future Nobel laureate in economics had no patience for capitalists who claimed that “business is not concerned ‘merely’ with profit but also with promoting desirable ‘social’ ends; that business has a ‘social conscience’ and takes seriously its responsibilities for providing em�ployment, eliminating discrimination, avoid�ing pollution and whatever else may be the catchwords of the contemporary crop of re�formers.” Read the rest of this entry »