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> We've just been lifting many hundred millions of people out of poverty in China, India, South-East Asia and elsewhere, but what does this have to do with "enr
by ianleeclark 7y ago
> We've just been lifting many hundred millions of people out of poverty in China, India, South-East Asia and elsewhere, but what does this have to do with "enriching the poor"?
I love this line of thinking because it always shows someone has put forth no effort into what the "poverty reduction" means. The International Poverty line has been $1.90/day. So, if you make the equivalent of $1.90 in your country or higher, then you are not in poverty. Now how about you go and do some work and see how nutritionally complete your diet will be on $1.90.
- klyrs 7y ago> I love this line of thinking because it always shows someone has just guzzled from the gutter of ideology. I somewhat disagree with zozbot and I agree with your material analysis (I'd add something about the rising Gini indices in the mentioned developing nations), but this sentence adds nothing to the conversation.
- marcus_holmes 7y agoIn Europe? well, that's most of a donor kebab in Berlin, so not terrible ;) In Cambodia... I could easily feed myself on $1.90 a day, if I wasn't white and getting barang (foreigner) prices.
- ianleeclark 7y agoNo, you get local prices adjusted to 1.90$ As much as I love Döner, half of one isn't nutritionally complete.
- marcus_holmes 7y agoAs I understand it, the poverty line is $1.90 in USD. Not in local currency, and not adjusted for local prices. Which is why it sounds like anyone living in poverty should starve to death within a week, but they actually don't (because $.190 isn't comfortable in Cambodia, for sure, but if you get local prices you won't starve to death in a week). OK, half a kebab and a few beers. Many's the time I've woken up to empty beeer bottles and a half-eaten kebab and I haven't starved to death ;)