Wealth of 100 Richest Could End Poverty of WORLD

“‘We sometimes talk about the “have-nots” and the “haves” – well, we’re talking about the “have-lots.” [...] We’re anti-poverty agency. We focus on poverty, we work with the poorest people around the world. You don’t normally hear us talking about wealth. But it’s gotten so out of control between rich and poor that one of the obstacles to solving extreme poverty is now extreme wealth,’ Ben Phillips, a campaign director at Oxfam, told Al Jazeera.”

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8 Comments / Post A Comment

Sandy505 (#3,017)

Right…because if you throw ridiculous amounts of money at poor people, they will magically become not poor.

Interwoven (#3,095)

@Sandy505

And if you throw ridiculous amounts of money into infrastructure and education and healthcare, your society would become well-run, educated and healthy.

Pffft! Yeah right, sounds likely. (<—–skeptic)

Interwoven (#3,095)

@Interwoven

I vote we skimp on all these things, and keep cutting and cutting to the bone! Then cut some more!

And, while we’re at it, let’s maximize worker productivity! And profits!

Because the future is trending towards a new paradigm!

Sandy505 (#3,017)

@Interwoven Yep, because third-world governments where the majority of the world’s poor are located will know EXACTLY how to spend all that money on infrastructure, education, and healthcare without screwing it up. Commence massive eye-rolling in 3, 2, 1…

Realisticbass (#3,115)

@Sandy505

Gee… I seem to have heard something about NGO’s…?

And before you commence eye rolling again, slow your roll. Can you point to ineffective NGO’s?

Yep, you sure can. Guess what? There are plenty of NGO’s that have accomplished a lot of good, too.

“Even the best of NGOs are generally poorly managed entities, due to their insecure funding base, shortage of skilled staff, high turnover and difficult, isolated working areas.”

See how all but the last of those three could be remediated?

afaik, some of the best and brightest 1st world minds go into NOG public service until they can’t hack it anymore and burn out and go into private sector. Not so much because of endless bureaucracy as because funding for programs is so gritty.

Even if we “threw some money” at 1st world problems, and did it very inefficiently, you are still creating a more stable middle-class via well-paying public-sector jobs. I feel better having a fattened and lazy middle class (and working class) than I do an oligarchy. Because education will improve under those circumstances.

There is a very high price for poverty in our country (assuming you are American). And I don’t think you can argue that there isn’t a correlation between what we spend on education, and our population’s ignorance. If we spend more, will there be waste? There -realistically- will be. Will it be egregious? It might be. Will the overall quality of education improve?

Hmmm… Let me think. Starve the education budget, vs. flood it with money. Which of these will result in a more positive outcome. Hmmm. Brain starting to hurt…. Starve the education budget? Did I get it right? Or, maybe they’ll have equal outcomes….?

Nope.

Can you do less with more. Of course. This guy sure did. He brought a team of Bronx public school debaters up to posh private school levels. Is it way harder? Hells yes. Guess what? He spends probably a huuuge amount of his time begging for money. Hey, wacky idea, let’s start with some funding there?

And “throw” some money on other promising endeavors? Aaaand see where it takes us? Crazy right? Totally doomed to failure. (Commence massive eye-rolling in 3, 2, 1….)

thematt (#1,017)

@Sandy505 Well yes that is what words mean.

deepomega (#22)

@thematt Not really. See: Lotto winners.

Interwoven (#3,095)

On a semi-related note, I just watched this dude, Hans Rosling, on the subject of viewing hard data and making sense of it, and it was pretty great!

It actually made me re-imagine what the future could look like. Lately I’ve been viewing the developing world as competition and a threat to 1st world standard of living, but watching this made me see things in a different way.

Looking at data and making sense of it – Ted Talk by Hans Rosling

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