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Imagine a world where everyone gave "street charity"... There would be no more incentive to work, to invest in education, to be productive. The economy would c
by dude000 18y ago
Imagine a world where everyone gave "street charity"...
There would be no more incentive to work, to invest in education, to be productive. The economy would crumble. So do your part in making the world a better place by not giving those $10 ;).
Also, giving money to the homeless is a zero-sum transaction: no wealth is created, only transfered. Much better investing the money in a startup.
- MaysonL 18y agoGrameen bank has a program which lends street beggars capital to do door-to-door sales: it works, both for the beggars and provides service for the customers. Of course, the beggars they are dealing with are not alcoholic.
- kirubakaran 18y agoI found this to be thought provoking: http://www.aaronsw.com/weblog/moneycontrol http://www.aaronsw.com/weblog/moneycontrol