Sunday, October 15, 2006
Understandably Hesitant
The Christian Science Monitor reports:
Eventually it all comes down to capitalism. Which I am in no way saying I have a problem with; I don't. It's just notable to mention here because of the sheer inevitability of it all.
NEW DELHI AND BOSTON - Chris Brookfield can fairly say that this year's Nobel Peace Prize winner changed his life.Read further and you will find that Yunus is none too happy with the idea of big western banks coming in and capitalizing on this phenomenal program; which is understandable. Unfortunately this is the way of things, especially when it comes to economic ventures.
He is not one of the hundreds of well-wishers who thronged Muhammad Yunus's Bangladesh home this weekend to celebrate a bright moment for a troubled nation. Nor has he ever received one of Dr. Yunus's microloans - loans of as little as $30 that have helped raise millions from abject poverty.
Eventually it all comes down to capitalism. Which I am in no way saying I have a problem with; I don't. It's just notable to mention here because of the sheer inevitability of it all.
