Entries For: 16 May 2008

Is poverty the problem? No, it is the wealth!

If you read the economic and development co-operation literature, you will clearly note a call for pro-poor policies. But one should now question: is poverty the problem? Or is it the alarming rate of wealth and inequality growth that is undermining poverty alleviation measures? There is something wrong and the fault does not lie with the Least Developed Countries or the poorest segments of our societies. The problem is not the poverty; the problem is the greed and the fact that speculation became dominant. read more...