Aid and Development
Topic: Aid and Development
Michael Porter: See the economic system of the world is not a zero sum game. Everybody can get richer if everybody is more productive.
There’s an unlimited amount of human needs to be met. It’s like there’s thousands and millions and billions of needs for housing, healthcare, better living standards, more this, more that. It’s not like there’s some fixed pool of demand, and there’s a question of who can compete to serve that demand. There’s this giant pool of needs, and if we can get more productive, everybody can get wealthier in serving those needs.
It used to take 50 years for an economy to learn, and develop technology and sophistication, and therefore be able to venture out into the international arena.
Now we have massive flows of capital, and knowledge, and management, and technology.
My friend Jeff Sachs kind of stole a title; I gave a lecture at the Kennedy School about six or seven years ago [i.e. circa 2000 or 2001]; I think the lecture was titled “The End of Poverty”. I think he used that title.
And I think we have in our reach the capacity to eliminate these tremendous disparities in different parts of the world if we can harness these forces. So I think these changes are epic changes.
Recorded on: June 11, 2007
We live in an era that can eliminate poverty quickly.
Swipe right to make the connections that could change your career.
Swipe right. Match. Meet over coffee or set up a call.
No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.
In his final years, Martin Luther King, Jr. become increasingly focused on the problem of poverty in America.
- Despite being widely known for his leadership role in the American civil rights movement, Martin Luther King, Jr. also played a central role in organizing the Poor People's Campaign of 1968.
- The campaign was one of the first to demand a guaranteed income for all poor families in America.
- Today, the idea of a universal basic income is increasingly popular, and King's arguments in support of the policy still make a good case some 50 years later.
10 of the most sandbagging, red-herring, and effective logical fallacies.
- Many an otherwise-worthwhile argument has been derailed by logical fallacies.
- Sometimes these fallacies are deliberate tricks, and sometimes just bad reasoning.
- Avoiding these traps makes disgreeing so much better.
For Damien Echols, tattoos are part of his existential armor.
- In prison Damien Echols was known by his number SK931, not his name, and had his hair sheared off. Stripped of his identity, the only thing he had left was his skin.
- This is why he began tattooing things that are meaningful to him — to carry a "suit of armor" made up the images of the people and objects that have significance to him, from his friends to talismans.
- Echols believes that all places are imbued with divinity: "If you interact with New York City as if there's an intelligence behind... then it will behave towards you the same way."
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.