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Muhammad Yunus: 'Capitalism has degenerated into a casino'

Nobel Peace Prize laureate Muhammad Yunus says that greed has destroyed the world's financial system. Spiegel Online spoke with Yunus about the profit motive, social consciousness and what should be done to end the financial crisis.

"What I excoriate is that today there is only one incentive for doing business, and that is the maximization of profits. But the incentive of doing social good must be included," Yunus says. 

"There need to be many more companies whose primary aim is not that of earning the highest profits possible, but that of providing the greatest benefit possible for human kind." Read more (Spiegel Online)

13 October 2008