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the end of poverty

came across this trailer for an upcoming documentary and it looks really interesting!!

http://www.apple.com/trailers/indep...heendofpoverty/

I was going to say "the book was better" but it seems to riff on the development world's seminal work (Jeffrey Sachs' The End of Poverty) without being remotely related to that perspective. In any case, that has to be the worst-written synopsis I've ever read. But yeah, it looks like this film is ten years too late. World Bank hasn't done structural adjustment in decades (thank God).

I'll probably watch it, but from the looks of it the film is likely painfully dependenista.

looks like a bunch of crap to me.. The problem with these countries is that they recognize wealth merely as a resource..something to be be begged or seized out of someone's hands then distributed between the people..temporary loot to get them through the week/month/decade, rather than something to be CREATED. Until they lay the foundations for wealth creation (strong property rights and a stable currency), they will remain hopeless. I have no problem with giving them a small percentage of GDP in charity/investment, but it should be conditional on them making these reforms.

The capitalists failed and begged at the feet of the people who are held hostage by the aristocracy and who have no choice but to save the very system which keeps them enslaved in the illusion that if you just work hard you will join the ranks of nobility.

Well krypt, I've see you've completed your full revolution from wall street trader to communist revolutionary..well done.

Join the proletarian revolution Capitalizt! We will convert this system into a truly democratic system, truly free from exploitation.

long live the Democratic People's Republic of North Korea!

quote:

Originally posted by Capitalizt looks like a bunch of crap to me.. The problem with these countries is that they recognize wealth merely as a resource..something to be be begged or seized out of someone's hands then distributed between the people..temporary loot to get them through the week/month/decade, rather than something to be CREATED. Until they lay the foundations for wealth creation (strong property rights and a stable currency), they will remain hopeless. I have no problem with giving them a small percentage of GDP in charity/investment, but it should be conditional on them making these reforms.

This won't happen because the decision-makers in most impoverished nations maintain their power and profits provided they keep the access to disgustingly cheap labor and natural resources ever-flowing (by denying workers basic rights like fair wages/hours, humane working conditions, the right to unionize). If there is no labor laws in place requiring work outsourced by Ralph Lauren to Indonesia, thousands of Indonesians will always make a mere $900 a year and never accumulate wealth. Not to mention many countries can't afford basic social programs like education or access to hospitals/pharmacies because of excessive debts (initiated by our own aid policies).

America had no labor laws and didn't depend on foreign aid 200 years ago and we still somehow managed to pull our shit together and create a country. Cancelling more debts and sending planes full of loot isn't going to do a damn thing to help them over the long run. They need to embrace the principles necessary for successful fishing..not to be thrown more fish. The mindset of the average people and their governmental "decision makers" is what needs to change in poor places like Africa. Nothing will improve so long as they think wealth is something they are entitled to, and something that can only be gained by a combination of threats and pleading.

quote:

Originally posted by Capitalizt America had no labor laws and didn't depend on foreign aid 200 years ago and we still somehow managed to pull our shit together and create a country. Cancelling more debts and sending planes full of loot isn't going to do a damn thing to help them over the long run. They need to embrace the principles necessary for successful fishing..not to be thrown more fish. The mindset of the average people and their governmental "decision makers" is what needs to change in poor places like Africa. Nothing will improve so long as they think wealth is something they are entitled to, and something that can only be gained by a combination of threats and pleading.

I'm not advocating foreign aid because it creates poverty. The massive poor pockets of society in most third world nations typically never see a dime of aid, unless from private organizations. The money goes to fund projects to bring those countries in the modern world, but only a small number of people actually benefit, since most people cant drive, or travel, can't go to shopping malls and have no access to an education so schools, and museums, universities are out of their reach. And still at the end of the day all of those poor are left with the same debt on their heads as those who have money, and governments can't pay back loans for those projects if their country doesn't produce anything because our own companies are coveting their resources and taking advantage of a nonresistant, vulnerable work force.

I blame the country's leadership for the decrepit state of their peoples.

quote:

Originally posted by Lebezniatnikov I was going to say "the book was better" but it seems to riff on the development world's seminal work (Jeffrey Sachs' The End of Poverty) without being remotely related to that perspective. In any case, that has to be the worst-written synopsis I've ever read. But yeah, it looks like this film is ten years too late. World Bank hasn't done structural adjustment in decades (thank God). I'll probably watch it, but from the looks of it the film is likely painfully dependenista.

it's an enjoyable read.

will torrent.

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