Skip to main content

View Diary: 100 richest people could end extreme poverty in the world right now (141 comments)

Comment Preferences

  •  There are better arguments... (9+ / 0-)

    ...for taxing or even confiscating the wealth of the super-wealthy than that.  After all, if we cut our stupid defense budget by somewhere between a half and a third, we could come up with the same amount of money. The naivete of the Oxfam approach is to think a sudden influx of tax money to wealthy countries would make its way to solving extreme poverty in poor countries.

    You know, I sometimes think if I could see, I'd be kicking a lot of ass. -Stevie Wonder at the Glastonbury Festival, 2010

    by Rich in PA on Sun Jan 20, 2013 at 07:37:48 AM PST

    •  There is a point to this approach (10+ / 0-)

      It may be a naive method, but it puts on full display how easily extreme poverty could be eliminated in the world. It does it in a way even a child could understand.

       Seriously. 100 people. And only 1/4 of a year's income of those people.

        Sometimes you gotta present a concept in the most basic of terms to get the point across to everyone.

      ¡Cállate o despertarás la izquierda! - protest sign in Spain

      by gjohnsit on Sun Jan 20, 2013 at 08:25:04 AM PST

      [ Parent ]

      •  But I don't understand in what sense... (1+ / 0-)
        Recommended by:
        misslegalbeagle would eliminate their extreme poverty except via cash payments. Can you buy development?

        You know, I sometimes think if I could see, I'd be kicking a lot of ass. -Stevie Wonder at the Glastonbury Festival, 2010

        by Rich in PA on Sun Jan 20, 2013 at 09:27:54 AM PST

        [ Parent ]

        •  ...yes? (2+ / 0-)
          Recommended by:
          gjohnsit, elwior
          Can you buy development?
          That comes across as a rather silly question. Of course you can. How else do you think development happens? People get paid to do it. So you pay people to do it.

          "Let’s just move on, treat everybody with firmness, fairness, dignity, compassion and respect. Let’s be Marines." - Sgt. Maj Michael Barrett on DADT repeal

          by kyril on Sun Jan 20, 2013 at 12:14:26 PM PST

          [ Parent ]

        •  Yes, ending poverty has been costed out (4+ / 0-)

          in various ways by various organizations. My version for One Laptop Per Child and Sugar Labs says that it can be done for something like $30 billion annually from all sources put into infrastructure (roads, electricity, Internet, buildings) for education and economic growth. That includes all of the governments that can afford it themselves investing their own tax money, as in Uruguay, and contributions from outside for the poorer countries, such as Haiti or Ethiopia, where we currently have underfunded projects. There are dozens of others.

          Of course, we can't do it via so-called foreign aid that consists of weapons or that has to be spent in the donor country for equipment, food, or high-priced consultants, and other such nonsense. We can't do it via programs where the money can be siphoned off by corrupt elites.

          America—We built that!

          by Mokurai on Sun Jan 20, 2013 at 12:24:50 PM PST

          [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site