



Nobel laureate Prof Muhammad Yunus said social business enterprises can free millions of people from dependency on charity or others alongside eradicating poverty.

Charity cripples a person's normal life with dependency instead of alleviating their poverty, which is evident in begging profession, he said, adding that if a person is involved in begging, he could not quit it ever.

That is why social businesses emerged as a major tool to alleviate poverty, he said and called on Americans to invest in social business in order to build a world free from poverty.

Prof Yunus said this at his book signing ceremony in New York City on Wednesday. He is now on a tour of the US to promote his latest publication 'Creating a World Without Poverty: Social Business and Future of Capitalism', according to New York-based news agency News World.

Prof Yunus said social business as a tool for alleviating poverty has already become popular in Bangladesh and other countries.

"We all have to find a way to contribute to poverty eradication," he added.

Hundreds attended the programme to buy the book, which has hit the New York Times best sellers' list.

During his tour, Prof Yunus addressed some 14 gatherings in Washington DC, Texas, Los Angeles, Chicago, Philadelphia, San Francisco and New York.