Is Greed Good? by John Stossel [6 part YouTube video]
Part 1: http://www.youtube.com/watch?v=J5RPJkYU2Js
Part 2: http://www.youtube.com/watch?v=1FMD76SGLOg
Part 3: http://www.youtube.com/watch?v=7QNo_OyF3Uc
Part 4: http://www.youtube.com/watch?v=01XeCoTWKtg
Part 5: http://www.youtube.com/watch?v=srodAPzdQdk
Part 6: http://www.youtube.com/watch?v=oXQgl0eUzF4
11 comments
[ 57.8 ms ] story [ 523 ms ] threadA great movie...
If I ever had money I'd want to give it away in unique ways that specifically help people - whether it's education, healthcare facilities, churches, etc... Seems like it'd be more fun than just buying $1 billion in Ramen and shipping it somewhere.
You just give it away and it becomes a curse... for instance, a lot of the poverty in africa is due to aid killing local businesses-- there are no tailors anymore because the western world ships them shirts en masse, and so they just sell those...
Frankly, I'm of the opinion that the number one cause of poverty, world wide, are misdirected and ignorant attempts to "help people".
Certainly, social security, for instance, is the number one cause of poverty among the elderly in the US.