A Quote by Peter Thomas Bauer
Aid is the process by which the poor in rich countries subsidize the rich in poor countries.
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A cynic had defined aid as simply the system by which poor white people in rich countries gave money to rich black people in poor countries to put into Swiss bank accounts.
Foreign aid goes from poor people in rich countries to rich people in poor countries.
If the level and amount of consumption and waste of the western rich countries ever reaches the poor countries, it will mean the end of humanity. The big world corporations are busy doing it...The production, selling, consumption, accumulation, wastes' and advertisement explosions in the western rich countries and the continued population explosion in the poor countries will turn into major catastrophes.
Rich countries have been sending aid to poor countries for the last 60 years. And, by and large, this has failed.
The great question for our time is, how to make sure that the continuing scientific revolution brings benefits to everybody rather than widening the gap between rich and poor. To lift up poor countries, and poor people in rich countries, from poverty, to give them a chance of a decent life, technology is not enough. Technology must be guided and driven by ethics if it is to do more than provide new toys for the rich.
In a system of free trade and free markets poor countries - and poor people - are not poor because others are rich. Indeed, if others became less rich the poor would in all probability become still poorer.
There is a considerable polarization taking place here, increasing the gap between rich and poor. It's most dramatic in Third World countries, of course, but in the rich countries it's also very noticeable.
Growing richer every day, for as rich and poor are relative terms, when the rich are growing poor, it is pretty much the same as if the poor were growing rich. Nobody is poor when the distinction between rich and poor is destroyed.
The rate of profit... is naturally low in rich and high in poor countries, and it is always highest in the countries which are going fastest to ruin.
Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.
Climate change hype has grave real world consequences. It gets rich countries to adopt silly policies and to impose devastating eco-imperialism on poor countries. The world's rich millions can afford environmental extremism; its poor billions can't. Climate change pseudo-science about human causality has been exposed repeatedly. What's less appreciated is that there aren't more natural disasters in need of an explanation.
That was always my experience-a poor boy in a rich town; a poor boy in a rich boy's school; a poor boy in a rich man's club at Princeton .... However, I have never been able to forgive the rich for being rich, and it has colored my entire life and works.
Socially, I never belonged to any class, rich or poor. To the rich I was poor, and to the poor I was poor pretending to be like the rich.
The modern welfare state, highly touted as soaking the rich to subsidize the poor, does no such thing. In fact, soaking the rich would have disastrous effects, not just for the rich but for the poor and middle classes themselves. For it is the rich who provide a proportionately greater amount of saving, investment capital, entrepreneurial foresight, and financing of technological innovation that has brought the Unites States to by far the highest standard of living - for the mass of the people - of any country in history.
In poor countries, the rich and powerful crush the poor and powerless.
Rich countries want unfettered access to poor countries' markets, which are often heavily protected by tariffs, but they don't want to give up all the protections for their own goods and services.
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