From the article:
“Lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty,” the Nobel Committee said in its citation. “Microcredit is one such means. Development from below also serves to advance democracy and human rights.”
Democracy and human rights are difficult to achieve when people are struggling to meet the basic needs for survival: food in their bellies, a roof over their head, clothes on their backs. When basic survival is what’s urgent, in that Hobbesian state of nature manner, who has the physical and moral strength to work on something as esoteric and abstract as “democracy and human rights”? Struggling to survive, working to stay alive, it’s war against death.
Thus, “peace” becomes having the leisure time actually to think of things beyond basic survival — having a business, having savings, having an education, having a voice in one’s government (whether local or otherwise), helping each other get ahead on society. Bangladeshi economist Muhammad Yunus and the Grameen Bank he founded have made real, measurable contributions to that “peace” with something so small, so simple as “microcredit.”
It’s one of those “Duh! Why I didn’t anybody think of that sooner?” that marks a genuis-level insight of the real needs of human beings in society. And for that, this banker indeed deserves the Nobel Peace Prize.
He is heroic. ‘Nuff said.