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I genuinely want to believe in it, but as others have already mentioned, charities seem to have a better track record in what they are trying to accomplish ( my
by A4ET8a8uTh0 6y ago
I genuinely want to believe in it, but as others have already mentioned, charities seem to have a better track record in what they are trying to accomplish ( my favorite example being a goat gift ).
- zozbot234 6y agoThat's a pretty bad example tbh. Gifting the cash equivalent to what the goat would be worth is a way better deal than gifting a goat, because then the recipient can buy some other asset instead.
- imtringued 6y agoIf you give people cash they might stop farming and import food instead. Once the handouts are over people won't be able to feed themselves because their country is not exporting enough to import food. There is nothing wrong with importing food but it would have to be conditional with a guarantee that e.g. USA is importing goods from Kenya for every dollar Kenya spends on importing goods from USA. The trade imbalance would have to be in favor of Kenya.
- sukilot 6y agoNot necessarily. One goat gifts go to people who already want goats, while cash has a risk of being wasted on short term benefit.