How Brexit Could Break the Cycle of Global Poverty
The UK will maintain EU free trade deals with the 48 nations of the Least Developed Countries Index, ensuring that poor producers will not have to pay import tariffs in the UK after Brexit.
The UK will maintain EU free trade deals with the 48 nations of the Least Developed Countries Index, ensuring that poor producers will not have to pay import tariffs in the UK after Brexit.
Free trade, debt and war are all part of the same package, each feeding off the other. They are – each of them – rackets in their own right and they are all symptoms of the same problem. That problem has to do with the fact that our government – along with the rest of the world – has entirely forgotten the basic concept of how a national economy actually “earns” its way to prosperity.
In cities and towns from New Delhi to New York the socio-political policies that led to the Grenfell Tower disaster in west London are being repeated: redevelopment and gentrification, the influx of corporate money and the expelling of the poor, including families that have lived in an area for generations. To this, add austerity, the privatization of public services and the annihilation of social housing and a cocktail of interconnected causes takes shape.
And I love all people, rich or poor. But in those particular positions, I just don’t want a poor person. Does that make sense? Does that make sense?
Whether its shutting down a lemonade stand or handcuffing teens whose only crime was selling water bottles, the state is holding back the most economically vulnerable from rising above their situations.
There is no compassion in keeping the downtrodden impoverished, nor is it good for the economy. If politicians are serious about helping the poor and strengthening the U.S. economy, tax cuts are essential.
My response (beyond pointing out that the economy is not a fixed pie), is to argue that the goal should be economic growth and poverty reduction. I don’t care if Bill Gates is getting richer at a faster rate than a poor person. I just want a society where everyone has the chance to climb the economic ladder.
The escape from destitution and uncertainty of subsistence farming is one of the greatest accomplishments of the modern world. Recognizing the enormous, positive effect of this transformation is an important tonic to the narrative of pervasive problems and pessimism.
Poverty is a big deal – it affects about 41 million people in the United States every year – yet the federal government spends a huge amount of money to end poverty. How can this be? And how do we even measure poverty in the first place? This week on Words and Numbers, Antony Davies and James R. Harrigan answer these questions and delve into what can be done to help the poor.
What happens in Haiti doesn’t stay in Haiti. Sooner or later, it comes to places like Michigan’s Benton Harbor and Flint. Our destinies are linked. Zbigniew Brzezinski, a Polish aristocrat who long puppeteered United States presidents from behind the curtains, has written: “America is too democratic at home to be autocratic abroad. This limits the use of America’s power, especially its capacity for military intimidation.” I concur.