Word: mutuals
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Dates: during 2000-2009
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...polarizing and radicalizing debate to such a great extent, many political organizations at Harvard have pushed away people they might very well have recruited: those who wish to engage in bipartisan dialogue. Without mutual respect or some degree of common ground, constructive political debate is too often crushed before it can even begin to grow...
...both sides by the audience were concise, respectful, and honest. No traps were laid, and no jeering interrupted speakers from either side. The mood was curious, not combative, and although everybody must have disagreed with at least one idea put out by the debaters, the air of civility and mutual respect was maintained...
Yunus’ strategy of mutual benefit sets him apart from the Nobel laureates before him who labored to address poverty. He has been both praised and criticized for finding a method that not only helps the poor but also allows the financial markets to tap into the 86 percent of the globe’s population that has had little or no access to bank loans. Yunus’ prize honors not just his specific strategy, however, but also his impulse to redefine how we look at the problem of global poverty. Microfinance demonstrates that what matters...
Indeed, the strategy of mutual success for lender and borrower transcends many limitations of conventional philanthropy. A gift may be of great aid to the recipient at the time it is given, but it does not build credit, savings, or consistent income. The next expense—for a funeral, or for food during a bad winter—may leave her family in a worse position than before. Micro-loans have demonstrated that helping people achieve long-term stability requires not just assets, but a change in ways of thinking...
Yunus and others like him have begun to link the global network of financial services to potential customers who have long been without it and are often both physically and metaphorically a world away. With each micro-loan they narrow this gap, convincing those at both ends of the mutual benefits that they see possible. They are modern explorers of a universe in which the best way to bridge a divide between two worlds is for each to take a step toward the other...