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Old 12-26-2008, 01:30 PM
 
Location: Portland, Oregon
7,085 posts, read 12,057,017 times
Reputation: 4125

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I thought this was a very interesting opinion piece form the NY Times, and it made me wonder too why it's so horrible to make money helping the poor?


Mr. Pallotta argues powerfully that the aid world is stunted because groups are discouraged from using such standard business tools as advertising, risk-taking, competitive salaries and profits to lure capital.

“We allow people to make huge profits doing any number of things that will hurt the poor, but we want to crucify anyone who wants to make money helping them,” Mr. Pallotta says. “Want to make a million selling violent video games to kids? Go for it. Want to make a million helping cure kids of cancer? You’re labeled a parasite.”

http://www.nytimes.com/2008/12/25/op...ristof.html?em
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Old 12-26-2008, 01:43 PM
 
Location: Nebraska
4,176 posts, read 10,689,689 times
Reputation: 9646
Now THAT's a PERFECT blend of altruist and egoist!
Love it!
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Old 12-26-2008, 01:45 PM
 
Location: southern california
61,288 posts, read 87,431,754 times
Reputation: 55562
there is money in poverty.
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Old 12-26-2008, 05:55 PM
 
Location: Road Warrior
2,016 posts, read 5,583,684 times
Reputation: 836
Quote:
Originally Posted by Huckleberry3911948 View Post
there is money in poverty.
Indeed. Saw a buddhist monk once driving a jaguar, guess he was enlightened and found the means to defeat the system.
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Old 12-26-2008, 06:07 PM
 
709 posts, read 1,498,462 times
Reputation: 313
Free-market capitalism is what helps poor people. Handouts only keep them poor and dependent.
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Old 12-26-2008, 07:27 PM
 
5,273 posts, read 14,546,807 times
Reputation: 5881
Quote:
Originally Posted by Alex Libman View Post
Free-market capitalism is what helps poor people. Handouts only keep them poor and dependent.

Yep.
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Old 12-26-2008, 09:02 PM
 
Location: Portland, Oregon
7,085 posts, read 12,057,017 times
Reputation: 4125
I think the thing is if some one comes up with an idea that helps the poor, and even creates a company to spread the idea and generate good...should they not be compensated for it? Assuming ideas have energy you can use for any idea, say Citibank or helping the poor...wouldn't you push people away from jobs helping the poor by not compensating them even close to what they may make elsewhere (or get crap upper management employees)?
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Old 01-16-2009, 11:50 PM
 
Location: Bradenton, Florida
27,232 posts, read 46,663,996 times
Reputation: 11084
I'll be helping the poor for a few months, and losing money in the deal. I'm still glad to do it.
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Old 01-18-2009, 02:25 PM
 
2,223 posts, read 2,219,750 times
Reputation: 371
Quote:
Originally Posted by Alex Libman View Post
Free-market capitalism is what helps poor people. Handouts only keep them poor and dependent.
That is absolutely correct.
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Old 01-18-2009, 07:48 PM
 
Location: Portland, Oregon
7,085 posts, read 12,057,017 times
Reputation: 4125
Quote:
Originally Posted by Alex Libman View Post
Free-market capitalism is what helps poor people. Handouts only keep them poor and dependent.
Aye, hand up not hand out.
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