Albert Schweitzer, who knew well the economic situation in the colonies of Africa, wrote nearly sixty years ago: “Whenever the timber trade is good, permanent famine reigns in the Ogowe region because the villagers abandon their farms to fell as many trees as possible.” We should notice especially that the goal of production was “as many…as possible.” And Schweitzer makes my point exactly: “These people could achieve true wealth if they could develop their agriculture and trade to meet their own needs.” Instead they produced timber for export to “the world economy,” which made them dependent upon imported goods that they bought with money earned from their exports. They gave up their local means of subsistence, and imposed the false standard of a foreign demand (“as many trees as possible”) upon their forests. They thus became helplessly dependent on an economy over which they had no control.This is of course different, given that we're not talking about resource extraction, but I think there's a potential analogue... particularly if the investment in serving a foreign market leads to a famine of local services. I don't know if that's the case in India, however.
Lars: Some things are more important than money, Ernie.Well, not "always", but I can't think of a single rich person who gave up his wealth to the point of being considered merely "out of poverty" or even just "upper middle class".
Ernie: Notice it's always the financially challenged who say that. [Mousehunt]
Well, not "always", but I can't think of a single rich person who gave up his wealth to the point of being considered merely "out of poverty" or even just "upper middle class".I recently watched The One Percent by Jamie Johnson of Johnson & Johnson heritage and there was one fellow he interviewed is Chuck Collins who was the heir to the Oscar Mayer fortune and "gave away every penny of his inheritance". He now also lobbies for the inheritance tax.
posted by vidur
...the recorded messages in the lifts, announcing which floor one was on, were in American accents.This is hilarious to me because the lady's voice who says the time and whatnot at the Minneapolis/St. Paul airport in Minnesota is decidedly British.
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posted by CreativeUsername at 9:40 AM on July 6, 2011