posted on Jun, 10 2008 @ 02:32 PM
I asked myself why poverty exists so much in the world we live in. I was told that people in 3rd world countries were just not intelligent or hard
working enough to build a prosperous society for themselves. I was told they had "too many babies." To a certain extent, I believed it. But there
was still a suspicion that something else was wrong.
Think about this... human beings in Africa survived and prospered for 100,000 years before the current situation today. How did they do it? If they
were so stupid and lazy, then why are they still here? Can we really conclude that the situation we see in third world nations today is a simple
consequence of the work ethic of their people? Or can greater forces be at work, such as economics, politics, and greed?
This question was left unanswered to me for a long time, until I came across a book by John Perkins entitled "Confessions of an Economic Hitman."
In it he describes how western industrialized nations and banks made "loans" to 3rd world countries. The loan amount and interest rate was selected
to be large enough that they could be sure the country would be unable to repay it. Because of the "miracle" of compound interest, these nations
would then become permanent debt slaves to the western banks.
The economic hitmen worked ruthlessly to ensure that these debts came into being, because it allowed these nations to extract tremendous material
resources and labor from these third world nations. So little was left for the people themselves, that many of them naturally starved.
Men like Henry Kissinger wrote these plans as early as the 70's. The idea was that the powerful industrialized nations must work to ensure that no
other nations on earth would have the possibility of industrializing, because if they did so, they would consume the resources the powerful ones had
their eyes on, and then the societies and cultures which grew up around this prosperity would threaten the influence of westerners and the banks.
So the process continues. Poverty in these nations is an artificially-induced symptom of a problem that gets blamed on the people themselves, when
the causes lie outside of the individual and within the larger structure of how society is organized economically.
"The one aim of these financiers is world control by the creation of inextinguishable debts."
- Henry Ford
"Capital needed by the debtor nations to improve their standard of living now has to be used for interest payments on their debts."
- Pope John Paul II
"All the ingredients for ending poverty of a person always comes neatly packaged with the person himself. A human being is born in this world
fully equipped not only to take care of himself (which all other life-forms can do too), but also to contribute in enlarging the well-being of the
world as a whole. Poverty is not created by the poor people. So we shouldn't give them an accusing look. They are the victims. Poverty has been
created by the economic and social system that we have designed for the world. It is the institutions that we have built, and feel so proud of, which
created poverty. It is the concepts we developed to understand the reality around us, made us see things wrongly! It is the failure at the top -
rather than lack of capability at the bottom - which is the root cause of poverty. Concepts, institutions, and analytical frame conditions which
created poverty, cannot end poverty. If we can intelligently re-work the frame conditions, poverty will be gone, never to come back again. Try to
imagine how the economists would have built their theory if they had started out with an axiom that all men and women are created equal, that each of
them is endowed with unlimited creativity, and each of them is a potential entrepreneur. In some important ways our designing of the theoretical
framework of economics or the misrepresentation of it is responsible for perpetuating poverty."
- Professor M. Yunus, Nobel Peace Prize winner 2006
"People who will not turn a shovel of dirt on the project, not contribute a pound of material will collect more money than will the people who
supply all the material and do all the work... Compound interest is the invention of Satan."
- Thomas Edison
[edit on 10-6-2008 by ianr5741]