View Single Post
  #6    
Old September 20th, 2012 (01:50 AM).
Z_Z's Avatar
Z_Z Z_Z is offline
Zzz
 
Join Date: Aug 2012
Gender: Male
Posts: 23
If your goal is ending poverty, then money is essential.

If we were to produce everything we consume ourselves, we would be much poorer. Think how hard it would be to build your own house, grow your own food, sew your own clothes and build your own things, you would have much less. Money lets you specialize in one job and consume from others who specialize in theirs. If you're interested read more http://en.wikipedia.org/wiki/Free_trade_debate#Economic_arguments_for_free_trade

There is plenty of evidence that domestic and international trade has greatly reduced poverty. Money is the mechanism this takes place. You might think things are bad, but the people of Earth today have much better quality of life and life expectancies than ever in human history.

The bigger problem in reducing poverty is getting people to participate in the economy. This is either because they have limited access, or are unwilling.
Reply With Quote