discipline posted:the only tried-and-true practice of lifting a people out of poverty is through industrialization.
i'm no historian or economist so i dunno about "tried and true", but this rings as awfully extreme and incorrect to say 'only'
guidoanselmi posted:discipline posted:the only tried-and-true practice of lifting a people out of poverty is through industrialization.
i'm no historian or economist so i dunno about "tried and true", but this rings as awfully extreme and incorrect to say 'only'
"poverty" is basically defined (by the Experts) as deindustrialized production so
i mean centralized production and solvent distribution of complete calories would seem the most direct way to combat poverty. i guess that may necessarily imply some level of industrialization but other methods of mass mobilization might work out?
guidoanselmi posted:well arent we trying to break free of dem paradigms?
i mean centralized production and solvent distribution of complete calories would seem the most direct way to combat poverty. i guess that may necessarily imply some level of industrialization but other methods of mass mobilization might work out?
ya i'm not defending the terms of the debate, it's basically a loaded question
discipline posted:a chicken is not a business. it is not a viable poverty reduction strategy.
but to come back to this because this is the heart of the matter imo. it's not that it's not a chicken is not a business but not an institution which carries a lot more baggage than a simple business model.
an issue with microfinance is that is tries to enforce rigid protestant culture on a culture that is unaccustomed to it one buck at a time. piecemeal conformity isn't going to really provide societal transformation.
what sort of a growth (and crash) curve do u reckon we'll see for global microfinance this decade?
I later threw my pizza at her and ran away
Ironicwarcriminal posted:
Puking in public is probably one of my favorite things to do.
hey posted:I later threw my pizza at her and ran away
mamma mia!
xipe posted:microdebt seems to be faster/more thorough @ proletarianisation than other techniques; which is good from 'chaos reigns' perspective?
what sort of a growth (and crash) curve do u reckon we'll see for global microfinance this decade?
Sumir Chadha, managing director at Sequoia Capital India Advisors Pvt., says that without a profit motive it’s hard to find anyone who will lend to the poor.
“Capitalism doesn’t have to be a bad thing,” says Chadha, whose firm has a 14 percent stake in SKS. “If you can’t profit off the poor, it means that no companies will service the poor -- and then they will be worse off than earlier.”
Edited by dm ()