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I think what this kind of dollar-centered analysis obscures is the accessibility of the basic goods that enable life: food, water and housing. Sure in a country
by omegaworks 5y ago
I think what this kind of dollar-centered analysis obscures is the accessibility of the basic goods that enable life: food, water and housing. Sure in a country classified as "poor" by this analysis you might not be able to import the finest cheeses from France or latest and greatest electronics from the US, but perhaps it is easier to feed, cloth and house a family.
> To achieve a more equal world without poverty the world needs very large economic growth.
I don't understand how this follows. Our global economic system is structured to concentrate wealth, so there is no guarantee that growth benefits the poorest.
- dllthomas 5y ago> > To achieve a more equal world without poverty the world needs very large economic growth. > I don't understand how this follows. Our global economic system is structured to concentrate wealth, so there is no guarantee that growth benefits the poorest. The post says growth is necessary; you point out that it is not sufficient. Both can be true.