Quote 150: Professor Muhammad Yunus, Capitalism,Quotes
This is the problem with traditional capitalism, which is such a creative and effective force for good in so many ways. Capitalism has created poverty by focusing exclusively on profit. It built a fairy tale of prosperity for all mdash;a dream that was doomed never to come true. That rsquo;s why many European countries decided to empower their governments to take care of social needs, such as poverty, unemployment, education, and healthcare. They were smart enough to figure out the inability of traditional capitalism to solve these problems.