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Re: Seaga Reasoning
The problems' root cause:
On March 12, the Organization of American States held a meeting on the "Impact of poverty," to consider "the role poverty plays in eroding social cohesion, leading to a lack of security and an increasingly vulnerable state." What the conferees came up with went unmentioned in the media but three days later the OAS press office reported that Secretary General José Miguel Insulza told the delegates that "the persistence of inequality and poverty represents one of the main challenges to development, democratic governance and security in the hemisphere". "As a result", he said, "these threats should be confronted with a new multidimensional perspective that focuses on political, economic and social factors".
There are approximately 534 million people living in the Latin American/Caribbean area. Of these, 132 million live on less than $2 a day, and 57 million live on less than $1 a day. The region is also one of the most unequal regions. According to the World Bank "the richest one-tenth of the population of Latin America and the Caribbean earn 48 percent of total income, while the poorest tenth earn only 1.6 percent".
According to economist Mark Weisbrot, Latin America's economic growth over the last 25 years has been "a disaster - the worst long-term growth failure in more than a hundred years", and "it is easy to see why candidates promising new economic policies have been elected. In countries "where the poor get only a few cents out of every new dollar, growth bypasses the poorest," the New York Times observed editorially last May. "Latin America is the world's most unequal region. That means growth will not reduce poverty unless Latin American governments redirect it to the poor." That's what the new governments - with the support of massive and effective social, political and labor movements - are doing. There's been quite a bit of success for the policies, most of which have faced opposition from Washington.
read the entire article:
The problems' root cause:
On March 12, the Organization of American States held a meeting on the "Impact of poverty," to consider "the role poverty plays in eroding social cohesion, leading to a lack of security and an increasingly vulnerable state." What the conferees came up with went unmentioned in the media but three days later the OAS press office reported that Secretary General José Miguel Insulza told the delegates that "the persistence of inequality and poverty represents one of the main challenges to development, democratic governance and security in the hemisphere". "As a result", he said, "these threats should be confronted with a new multidimensional perspective that focuses on political, economic and social factors".
There are approximately 534 million people living in the Latin American/Caribbean area. Of these, 132 million live on less than $2 a day, and 57 million live on less than $1 a day. The region is also one of the most unequal regions. According to the World Bank "the richest one-tenth of the population of Latin America and the Caribbean earn 48 percent of total income, while the poorest tenth earn only 1.6 percent".
According to economist Mark Weisbrot, Latin America's economic growth over the last 25 years has been "a disaster - the worst long-term growth failure in more than a hundred years", and "it is easy to see why candidates promising new economic policies have been elected. In countries "where the poor get only a few cents out of every new dollar, growth bypasses the poorest," the New York Times observed editorially last May. "Latin America is the world's most unequal region. That means growth will not reduce poverty unless Latin American governments redirect it to the poor." That's what the new governments - with the support of massive and effective social, political and labor movements - are doing. There's been quite a bit of success for the policies, most of which have faced opposition from Washington.
read the entire article:
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