thks 260 years adam smith, 60 fazle abed & soros, 20 fei-fei li

NormanMacrae.net -Economist pro-youth economist -bravo sir fazle abed & jack ma

if you have difficulty finding open version of these, we will try to help chris.macrae@yahoo.co.uk Norman Macrae Foundation

Index Yunus ;, Capitalism ...

 

section Muhammad Yunus Nobel Peace Laurate speech, Norway 2006

Transcript extract: Nobel Dr Yunus 2006

Many young people dream about creating a perfect world of their own. Almost all social and economic problems of the world will be addressed through social business. The challenge is to innovate business models and apply them to produce desired results cost-effectively and efficiently

Such as health care for the poor can be a social business, financials services for the poor, information technology for the poor, education and training for the poor, marketing for the poor, renewable energy -these are all exciting ideas for social businesses. Social business is important because it addresses very vital concerns of mankind it can change the lives of the bottom 66% of the world population and help them get out of poverty.

 

more:

We Create What We Want.
We wanted to go to the moon, so we went there.
We achieve what we want to achieve.
We accept that poverty is part of human destiny. It’s not!
We believe we can create a poverty-free world.
We need to invent ways to change our perspective.
We can reconfigure our world if we can reconfigure our mindset. .
Social business will be a new kind of business, making a difference in the world.
Human beings are a wonderful creation embodied with limitless human qualities and capabilities.
Entrepreneurs are not one-dimensional human beings, dedicated to maximizing profit.
They are multi-dimensional: political, emotional, social, spiritual, environmental.
The desire to do great things for the world can be a powerful driving force
Young people dream about creating a perfect world of their own.
Social business will give them a challenge to make a difference by using their creative talent.
Let us join hands to unleash our energy and creativity.
Collectively, we can create a poverty-free world.” 

 

..

 

Future Capitalism Transcripts

Yunus 2006 

By defining "entrepreneur" in a broader way we can change the character of capitalism radically, and solve many of the unresolved social and economic problems within the scope of the free market. Let us suppose an entrepreneur, instead of having a single source of motivation (such as, maximizing profit), now has two sources of motivation, which are mutually exclusive, but equally compelling − a) maximization of profit and b) doing good to people and the world.

 

Each type of motivation will lead to a separate kind of business. Let us call the first type of business a profit-maximizing business, and the second type of business as social business.

 

Social business will be a new kind of business introduced in the market place with the objective of making a difference in the world. Investors in the social business could get back their investment, but will not take any dividend from the company. Profit would be ploughed back into the company to expand its outreach and improve the quality of its product or service. A social business will be a non-loss, non-dividend company.

 

Once social business is recognized in law, many existing companies will come forward to create social businesses in addition to their foundation activities. Many activists from the non-profit sector will also find this an attractive option. Unlike the non-profit sector where one needs to collect donations to keep activities going, a social business will be self-sustaining and create surplus for expansion since it is a non-loss enterprise. Social business will go into a new type of capital market of its own, to raise capital.

 

Young people all around the world, particularly in rich countries, will find the concept of social business very appealing since it will give them a challenge to make a difference by using their creative talent.

 

Mackey 2013

 

The Economist's Norman Macrae 1976

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Future Capitalism Transcripts

The Economist's pro-youth economist Norman Macrae 1976, The Econoist 25 Dec 1976

I named this survey of Future Capitalism "Entrepreneurial Revolution (ER)" to remind economists and youth and those responsible for what they learn to do -  that the French word Entrepreneur comes from how to socially design liberte egalite fraternite after cutting off the heads of the 1% French Kings , courtiers and their administrators who were monopolising all the productivity assets leaving the people in the dirt.

Each generation or two, at every cultural node of our planet, has its own challenge to remove those who are preventing people from making the most of how their productive lifetimes interact. Now that the third quarter of this century is past:  we can see that heads of over-extractive corporations and politicians whom they lobby will need to be peacefully removed by the peoples if the net generation is to be worldwide youth's most productive and collaborative time. 

Fortunately, unlike the scarcity models of consuming up things, truly actionable knowledge multiplies abundant value in use. I wonder how many economists will take up ER's pressing trans-generational challenge of networking with a million times more collaboration tech than when man raced to the moon in the 1960s -if a hi-trust stimulus is needed, they should reread the last 3 pages of Keynes General Theory where he explains how futures are designed increasingly only by economists and mediators who risk becoming the greatest enemy to the future of all our children. The failed macroeconomist compounds risk onto future peoples he neither sees nor is rewarded to care about. BY 2000, the compounding of the internet as humanity's greatest communications revolution will be spinning the greatest risk to mankind . This will be the  discrepancy of incomes and expectations of rich and poor nations. Courage (hope. love and trust) will be needed to see this ahead of time - and to resolve this out of every global village

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Yunus 2006 more:

By defining "entrepreneur" in a broader way we can change the character of capitalism radically, and solve many of the unresolved social and economic problems within the scope of the free market. Let us suppose an entrepreneur, instead of having a single source of motivation (such as, maximizing profit), now has two sources of motivation, which are mutually exclusive, but equally compelling − a) maximization of profit and b) doing good to people and the world.

 

Each type of motivation will lead to a separate kind of business. Let us call the first type of business a profit-maximizing business, and the second type of business as social business.

 

Social business will be a new kind of business introduced in the market place with the objective of making a difference in the world. Investors in the social business could get back their investment, but will not take any dividend from the company. Profit would be ploughed back into the company to expand its outreach and improve the quality of its product or service. A social business will be a non-loss, non-dividend company.

 

Once social business is recognized in law, many existing companies will come forward to create social businesses in addition to their foundation activities. Many activists from the non-profit sector will also find this an attractive option. Unlike the non-profit sector where one needs to collect donations to keep activities going, a social business will be self-sustaining and create surplus for expansion since it is a non-loss enterprise. Social business will go into a new type of capital market of its own, to raise capital.

 

Young people all around the world, particularly in rich countries, will find the concept of social business very appealing since it will give them a challenge to make a difference by using their creative talent. Systems can be designed to multiply goodwill, or godless evil. They accelerate exponentially. What my family can report from two world wars is that peace depends on peoples valuing hi-trust leaders , and peace of the first worldwide connected generation will depend on ending man's greatest risk which will be seen in 2000s as the discrepancy in incomes and expecations of rich and poor nations

 

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Mackey 2013, Conscious Capitalism Conference 2013  more mackeycapitalismtranscript2000citizenmeetsanfran2013short.doc

So we started this business not knowing what we were doing businesswise  - my resume read something like : dishwasher, busboy, boyscamp counsellor, CEO of While Foods Market. We managed to lose half the money in the first year but that was OK because all my philosophy about philosophy about business got turned upside down.  Oh my goodness all my ideas were wrong: business isnt selfish, greedy, exploitative - its basically hard, very hard to start up a business . So I  started to read hundreds of business books -i devoured them then I read about history of capitalism and that was amazing.

NOW I enjoyed a whole new world view of what business is about and I began to understand business is the greatest value creator in the world. Business has raised  humanity out of the dirt. 200 years ago -85% of people lived on less than a dollar a day. there was a great equality of income - every one was equally poor except for the aristocracy that owned all the land. Today about 15% live on a dollar a day which is still 15% too much but if you look at the trajectory we can end poverty in next 50 years if we continue to embrace economic freedom. Consider the fact that 200 years ago over 90% of people were illiterate, today about 14% are. 200 years ago the average lifespan was the same as it had been the last 40000 years about 30. Today its 68 across the world as high as 82 in Japan. There were no democracies 200 years ago, women didnt have the right to vote, slavery existed.

Humanity has made tremendous progress primarily due to business and capitalism. And business doesnt get credit for it - the narrative about business is its exploiattive and people are only in it for the money, the bottom line. And that isnt my experience of entrepreneurs I have known - very few started their business primarily to make money. They were on fire with some kind of passion to realise in the world. So the narrative explained about business is inadequate., we know that Gallup shows that the approval ratings for corporations and big business in America is only 19% Think about that here is the greatest value creator in the world, it creates values for customers, employees, suppliers, investors, communities -has helped lift humanity out of the dirt. It only has 19% approval rating - congress is at 17% that shows how far business has fallen

For most of history of america we had the most economic freedom =- 200 years ago we were very poor but because we embraced economic freedom and we had a culture of entrepreneurship in business we made great progress in 19th century until usa became the richest and most successful nation in the history of the world. As recently as 13 years ago usa ranked number 3 in world in economic freedom behind singapore and hong kong; today we have fallen down to number 18 and as our economic freedom has declined so has our prosperity, unemployment has risen - we are moving away from economic freedom because corporations are seen as a bunch of sociopaths - dumping waste, exploiting their workers, defrauding their customers. This narrative has got to be reversed by thinking about business differently both internally as business people,  and externally the narrative we tell the world. That's what we are going to talk about as Conscious Capitalism , This can be the solution - the higher purpose  beyond just making money

Business can be the greatest value creator in the world - its so odd to me that people think the purpose of a business is to make money instead of value creation. The Curriculum of Business has the potential to create value ethically for all its stakeholders. Find your higher purpose as an individual,  then find our purposes for the business we create, and we need to tell this story to the larger society  that we are part of if- and if we do that we can turn this baby around - the entrepreneurial creativity of americans is astounding -we are so creative, we have so much potential and business can be the vehicle

.

Attachments:

extract from 30 minute google hangout between khan academy and secr..., Aug 2013 during week Obama announced plan to rank value universities

 

2.00 Duncal everywhere I go you have hard working parents coning up -its heartbreaking college costs are crushing folks - pool american public lot of people thinking college is isnt for them; its for the rich, its for people not like them - so at a time when going to college has never been more important unfortunately its never been more expensive ...

2.50 this is one when must breakthrough, its not political how do we better rank which universities give value, affordability, quality

 

4.00 khan - can you confirm ratings will be on: value they create, economic opportunity they create afterwards - so universities that are expensive and students get good jobs will be bottom of list?

 

..Duncan 5.07 each year we invest about 150 billion dollars in loans -al bases on inputs, entrants to college not on outcomes - we want to rankings to help us change that

 

6.30 great teacher are empowered by great tech ... help teachers know what students are learning help student and parents know!

 

7,52 khan yes ehat we have seen its not technology versus physical its the exact opposite

 

Duncan 8,0 yes yes let me add one example from earlier this week

broadband -boards mooresville nothrth carolina is stopping buying text books - i wonder why we spend 9 billion on text books that are oiut of date as soon as you buy them buying textbooks

 

http://www.washingtonpost.com/blogs/post-politics/wp/2013/06/06/oba...

To roll out the initiative, Obama will travel to Mooresville, N.C., and visit Mooresville Middle School to highlight the ways advanced classroom technology is helping students learn. In 2007, the school began what a second senior administration official called a “digital conversion that’s been the foundation of transformative change.”

Obama’s visit is the third stop on his “Middle Class Jobs & Opportunity Tour,” in which he visits cities across the country to showcase economic success stories. Last month, Obama visited Austin, where he announced two executive actions designed to help boost the manufacturing economy, and Baltimore, where he toured an elementary school and a dredge equipment manufacturing facility... 

The program, called ConnectED, is part of Obama’s larger plan to expand high-speed Internet connections for 99 percent of students across the country, including to the most remote and sparsely populated regions . The aides said Obama will call on the Federal Communications Commission to use its existing E-Rate program to meet that goal and will tell other parts of the federal government to redirect resources toward classroom technology and teacher training.

 

Duncan 10.00 what's hurt children in our communities (and our country tremendously) is we have had 50 different states with 50 different standards that got dummied down , got reduced to make politicians look good, we were actually lying to children that they were going top be successful when they weren't even close, to me that insidious, heartbreaking worst thing that could happen to a child and family that think they are on track to college and career ready then they get to senior year to find they are not in the ballgame even though they have played by the rules .. we think raisng the standard of the common core is really important so that children in every state have opportunity to be enjoy the same standards

 

Khan 20.20 what do you think that structure are still using something from 18th century Prussia where put kids together move them at a set pace -what if instead  we used a competence model where students may take a long time to learn siomthing but get to a very high level?

-Duncan we have to shift and technology must help in ways you at khanacademy illustrate,

help show us that what we are doing is Neanderthal-

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BRI.school ENTREPRENEURIAL REVOLUTION NETWORK BENCHMARKS 2025now : Remembering Norman Macrae

how do humans design futures?-in the 2020s decade of the sdgs – this question has never had moore urgency. to be or not t be/ – ref to lessons of deming or keynes, or glasgow university alumni smith and 200 years of hi-trust economics mapmaking later fazle aded - we now know how-a man made system is defined by one goal uniting generations- a system multiplies connected peoples work and demands either accelerating progress to its goal or collapsing - sir fazle abed died dec 2020 - so who are his modt active scholars networks empowering youth with his knohow n- soros with jim kim paul farmer leon botstein and with particular contexts- girls village development and with ba-ki moon global climate adaptability where cop26 november will be a great chance to renuite with 260 years of adam smith and james watts purposes there is no point in connecting with system mentors unless you want to end poverty-specifically we interpret sdg 1 as meaning mext girl or boy born has fair chance at free happy an productive life as we seek to make any community a child is born into a thriving space to grow up between discover of new worlds in 1500 and 1945 systems got worse and worse on the goal eg processes like slavery emerged- and ultimately the world was designed around a handful of big empires and often only the most powerful men in those empires. 4 amazing human-tech systems were invented to start massive use by 1960 borlaug agriculture and related solutions every poorest village (2/3people still had no access to electricity) could action learn person to person- deming engineering whose goal was zero defects by helping workers humanize machines- this could even allowed thousands of small suppliers to be best at one part in machines assembled from all those parts) – although americans invented these solution asia most needed them and joyfully became world class at them- up to 2 billion people were helped to end poverty through sharing this knowhow- unlike consuming up things actionable knowhow multiplies value in use when it links through every community that needs it the other two technologies space and media and satellite telecoms, and digital analytic power looked promising- by 1965 alumni of moore promised to multiply 100 fold efficiency of these core tech each decade to 2030- that would be a trillion tmes moore than was needed to land on the moon in 1960s. you might think this tech could improve race to end poverty- and initially it did but by 1990 it was designed around the long term goal of making 10 men richer than 40% poorest- these men also got involved in complex vested interests so that the vast majority of politicians in brussels and dc backed the big get bigger - often they used fake media to hide what they were doing to climate and other stuff that a world trebling in population size d\from 1945 to 2030 also needed to map. so the good and bad news is we the people need to reapply all techs where they are only serving rich men and politicians od every party who have taken us to the brink of ending our species- these are the most exciting times to be alive - we the 3 generations children parents grandparents have until 2030 to design new system orbits gravitated around goal 1 and navigating the un's other 17 goals do you want to help/ 8 cities we spend most time helping students exchange sustainability solutions 2018-2019 BR0 Beijing Hangzhou: BR6 Geneva, Luxembourg, BR2 Dhaka, Delhi, BR1 Tokyo, Seoul

Map with Belt Road Imagineers :where do you want to partner in sustaining world

Our search for top 50 World Record Jobs Creators begins with E1 Xi Jinping - World's Number 1 Job Creator - Peoples Global2.0 

Girls world maps begin at B01 Bangladesh economical miracle of 15 million poorest village mothers grasssroots networking -good news reporting with fazleabed.com brac.tv and valuetrue.com and womenuni.com

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online library of norman macrae--

==========

correspondence welcomed on 50 year curriculum of Entrepreneurial Revolution and net generation as most productive time to be alive - chris.macrae@yahoo.co.uk

MA1 AliBaba TaoBao

Ma 2 Ali Financial

Ma10.1 DT and ODPS

health catalogue; energy catalogue

Keynes: 2025now - jobs Creating Gen

.

how poorest women in world build

A01 BRAC health system,

A02 BRAC education system,

A03 BRAC banking system

K01 Twin Health System - Haiti& Boston

K02 Twin YouthWorldBanking: Haiti& Bkash (BRAC)

K03 Twin Open Society : Budapest-Rome - Economists and Peace Champions

A04 Africa & Asia's 5 Billion Peoples eleraning satellite Yazmi

A05 Triplet Open Apps Media Labs of Ethiopia and MIT and Ma-Lee (worldwide China)

Job creation case Y01 Foundation of Grameen Bank- good news in association with grameen.tv
Ma 10,2 grameen inteldt

Ma 10.3 IHUB/Usha Kenya DT

Ma 10.4 Kenya nanocredit

Ma 10.5 MIT top ten mobile app labs of open tech

Ma 10.6 berners lee www

KMAS1 Kimchoices KMAS1.1 Ki-Moon KMAS1.2 Sun F Yang Lan

W4E1 telecentres for girls jobs

W4E2 womens nanocredit

KHANac

BRACAbed,

CEUSoros

,SABlecher

MITtbl

NOBATYunus

LUCKNOWGandhi

ChinaMa

NZDryden

MEDIALABNegropronte > Yazmi

COURSEraKoller >OLC

AFM00 Samara and AfricaStar and Yazmi
AFM10 IHUB/Ushahidi
AFM11 MIT Media Lab Africa
AFM12 MIT D-lab and Abdul Latif with Toyota
AFM121 Polak last mile multinationals africa –eg green energy and clean water distrib
AFM13 Ibrahim Foundation
AFM14 Africa24tv
TB1 Free University and Jobs Schools
TB11 Open Learning Campus Africa
AFM15 Young Africa Society –world bank ypa milennials’ goals 2.1
AFM2 Jamii Bora –end slums youth banking and partner labs
TB20 Primary financial literacy curriculum – eg Afaatoun out of Orphanages
AFM21 Bridges primary schools
TB21 Love of self- empowerment curriculum – eg Maharishi (TB1)
TB22 Coding curricula from primary up
AFM31 Kiva Africa
AFM32 Acumen
AFM33 BRAC African Girl Jobs-creating banking
AFM34 Eagri-Africa
AFM35 African health millennials www –and PIH Rwanda, Free Nursing College Africa
AFM36 Mara Foundation
AFM4 MPESA/Safari
AFM5 Nanocredit
AFM6 USADBC - diaspora association benchmarking african food security value chains
AFM61 –diaspora multi-country celebrations eg AfricaTip (AgeTip)
AFM611 NEPAD
AFM612 Makerfaireafrica
BOM1 berners lee
BOM2 mit every students an entrepreneur
BOM21 MIT100k
BOM3 mit media lab -open source wizard entrepreneurs and new commons
BOM30 Negroponte $100 Laptop
BOM31 Joi Ito
BOM32 reclaim our learning
BOM4 MIT open education movement
BIM41 OLA
BOM5 Legatum
BO51 Legatum millennials and fans
BOM52 networks of cashless banking technolgists
BOM53 innovations journal
BOM6 partners in health/brigham womens hospital
BOM61 value chain networks club inspired by pih and world bank millenials
BOM62 ypchronic
BOM63 GFH
BOM64 Haiti training hospital - connector of neraly free nursing college
BOSF1 Kiva and puddle
BOSF2 Khan Academy
BOSF3 Coursera segment interested in Open Learning Campus

communications and community banking links series 1 and 2

Out of The Economist since 1972 Macrae's viewpoint Entrepreneurial Revolution argues that the net generation can make tremendous human progress if and only if educators, economists and all who make the biggest resource integrate youth job creating into the way their worldwide purpose and impact is valued -chris.macrae@yahoo.co.uk join in ... 43rd Entrepreneurial Revolution Youth Networks Celebration..
 


job creation survey

discuss valuation video

Norman Macrae Foundation

e chris.macrae@yahoo.co.uk

Wash DC tel 1 301 881 1655

 

 

 

For how many of The Economist's first 175 years was it the most effective mediator of sustainability exponentials of humanity all over the planet

 

best million-youth moocs hosted by economists

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discuss valuation video

hottest youth-spring question of our life and times-can online education end youth unemployment for ever ? yes but only if you help map how!

moocyunus launches youtube competition -what would purpose of youth's favorite free online university be?

join blog of moocyunus

 

 The Economist- when first seeing youth experiment with digital networks in 1972,

Season's most urgent collaboration debates:

next 100 million jobs nursing

42nd year of 7 wonders if thinkpad of The Economist's genre of Entrepreneurial Revoution

40 years of notes from archives of entrepreneurial revolution 1-7 a...

 

help catalogue top 100 microfranchises

 

help catalogue 100 short videos on right old muddle of anti-youth economists..

Dad (Norman Macrae) created the genre Entrepreneurial Revolution  to debate how to make the net generation the most productive and collaborative . We had first participated in computer assisted learning experiments in 1972. Welcome to more than 40 years of linking pro-youth economics networks- debating can the internet be the smartest media our species has ever collaborated around?

Foundation Norman Macrae- The Economist's Pro-Youth Economist

5801 Nicholson Lane Suite 404 Rockville MD 20852   tel 301 881 1655 email chris.macrae@yahoo.co.uk

Main Project webs wholeplanet.tv

microeducationsummit.com including yunusdiary.com bracnet.ning.com taddyblecher.com as lead open education partner of mandela elders and branson 

NormanMacrae.ning.com

2013 = 170th Year of The Economist being Founded to End Hunger

2010s = Worldwide Youth's most productive and collaborative decade

 1972: Norman Macrae starts up Entrepreneurial Revolution debates in The Economist. Will we the peoples be in time to change 20th C largest system designs and make 2010s worldwide youth's most productive time? or will we go global in a way that ends sustainability of ever more villages/communities? Drayton was inspired by this genre to coin social entrepreneur in 1978 ,,continue the futures debate here

world favorite moocs-40th annual top 10 league table

  • 1) e-ME
  • 2) 8 week tour of grameen curriculum and uniting human race to poverty museums
  • 3) 8 week tour of brac curriculum and mapping microeducation summit for post 2015 milennium goals

send votes to chris.macrae@yahoo.co.uk , Macrae Foundation

  • 4) 8 week tour of africa's free university and entrepreneurial slums
  • 5 what to do now for green energy to save the world in time
  • 6 nurses as 21st world's favorite information grassroots networkers and most economical cheerleaders more

 

 

  • 7 how food security as a mising curricululum of middle schools can co-create more jobs than any nation can dream of
  • 8 pro-youth economics and public servants
  • 9 celebrating china as number 1 creditor nation
  • 10 questions worldwide youth are asking about what was true last decade but false this decade because that's what living in the most innovative era means chris.macrae@yahoo.co.uk

archives at The Economist



 

Number 1 in Economics for Youth

The unacknowledged giantcelebrate unacknowledged giant

dannyboyle chrispatten butler-sloss marianowak tomhunter MYunusgeorgesoros bernerslee michael palin

Timeless ER from The Economist's Unacknowledged Giant (aka dad Norman Macrae) A  b  c ;;1997 a;;; 1983 a ;;;1976 a b;;; 1972 a ;;; 1962 a 1956 a - correspndence with optimistic rationalists always welcome - chris.macrae@yahoo.co.uk

 

from chris.macrae@yahoo.co.uk please help in 2 ways -nomination of collaboration 100; testify to world's largest public broadcasters such as BBCthat this survey needs their mediation now

Intercapital searches for replicable youth eonomic franchise

.Japan

Bangladesh

10 9 8 7 6 5 4 3 2 1 0

Atlanta.
Paris
Turkey.
Dhaka.
Austria
Boston
Brussels Poland
China
Switzerland
Princeton-Nashville
London-Glasgow Nordica: S D N
Canada
Austin
Spain .Kenya
Brazil Joburg
Oregon/CA
Germany
.S.Africa
.India

 

 

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