{"id":9594,"date":"2019-01-09T06:53:26","date_gmt":"2019-01-09T11:53:26","guid":{"rendered":"https:\/\/www.justrightmedia.org\/blog\/?p=9594"},"modified":"2025-03-29T15:07:36","modified_gmt":"2025-03-29T18:07:36","slug":"video-capitalism-vs-the-united-nations-the-story-of-bangladesh","status":"publish","type":"post","link":"https:\/\/justrightmedia.org\/blog\/archives\/9594","title":{"rendered":"Capitalism vs The United Nations &#8211; The Story of Bangladesh"},"content":{"rendered":"\n<div class=\"youtube-embed\" itemprop=\"video\" itemscope itemtype=\"https:\/\/schema.org\/VideoObject\">\n\t<meta itemprop=\"url\" content=\"https:\/\/www.youtube.com\/v\/iXa_l5khc_A\" \/>\n\t<meta itemprop=\"name\" content=\"Capitalism vs The United Nations &#8211; The Story of Bangladesh\" \/>\n\t<meta itemprop=\"description\" content=\"Capitalism vs The United Nations &#8211; The Story of Bangladesh\" \/>\n\t<meta itemprop=\"uploadDate\" content=\"2019-01-09T06:53:26-04:00\" \/>\n\t<meta itemprop=\"thumbnailUrl\" content=\"https:\/\/i.ytimg.com\/vi\/iXa_l5khc_A\/default.jpg\" \/>\n\t<meta itemprop=\"embedUrl\" content=\"https:\/\/www.youtube.com\/embed\/iXa_l5khc_A\" \/>\n\t<meta itemprop=\"height\" content=\"310\" \/>\n\t<meta itemprop=\"width\" content=\"550\" \/>\n\t<iframe loading=\"lazy\" style=\"border: 0;\" class=\"youtube-player\" width=\"550\" height=\"310\" src=\"https:\/\/www.youtube.com\/embed\/iXa_l5khc_A?modestbranding=1&fs=0&rel=0\"><\/iframe>\n<\/div>\n\n<p>The failure of the United Nations model of aiding developing countries by doling out money to their governments has failed because it is a top-down model of wealth distribution not unlike the model used, with no success, by the former Soviet Union.<\/p>\n<p>Bangladesh, once called a &#8220;basket case&#8221; by Henry Kissinger, suffered the same fate as every other country where the government received foreign aid. The aid never reached the people most in need of it.<\/p>\n<p>Nobel Peace Prize recipient Muhammad Yunus of Grameen Bank has demonstrated that micro-lending directly to the people is the best way to break the cycle of poverty. His bottom-up model of capitalism is the success story that is modern Bangladesh.<\/p>\n<p>Salim Mansur, Professor Emeritus of Western University tells the story of that once war-torn and poverty stricken country and how one man, Muhammad Yunus turned it into a prospering nation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The failure of the United Nations model of aiding developing countries by doling out money to their governments has failed because it is a top-down model of wealth distribution not unlike the model used, with no success, by the former Soviet Union. Bangladesh, once called a &#8220;basket case&#8221; by Henry Kissinger, suffered the same fate <a href='https:\/\/justrightmedia.org\/blog\/archives\/9594' class='excerpt-more'>[Continue Reading]<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[25,69,3134,28,604,6,1227,120,598,27],"tags":[],"class_list":["post-9594","post","type-post","status-publish","format-video","hentry","category-capitalism-politics","category-economics","category-globalism","category-latest","category-money-economics","category-politics","category-poverty-2-society","category-socialism","category-society","category-video","post_format-post-format-video","issues-bangladesh","issues-banking","issues-foreign-aid","issues-grameen-bank","issues-soviet-union","issues-united-nations","personalities-muhammad-yunus","guests-salim-mansur","category-25-id","category-69-id","category-3134-id","category-28-id","category-604-id","category-6-id","category-1227-id","category-120-id","category-598-id","category-27-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/posts\/9594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/comments?post=9594"}],"version-history":[{"count":2,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/posts\/9594\/revisions"}],"predecessor-version":[{"id":15264,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/posts\/9594\/revisions\/15264"}],"wp:attachment":[{"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/media?parent=9594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/categories?post=9594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justrightmedia.org\/blog\/wp-json\/wp\/v2\/tags?post=9594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}