This seems so obvious and rude, frankly, but I don’t understand how I am able to sit in my apartment with my own food to make and job to go to when some men, women, and children are living in extreme poverty with no clean drinking water. How did this start and how did it continue to cycle to where we are now?
In: Economics
One point that people haven’t talked about yet is foreign investment in natural resources. It seems like having a lot of natural resources like gold or oil would be good for a country, but it’s actually quite bad for most of its citizens. You don’t need to be educated or all that healthy to work a mine, so the government doesn’t bother with those things and instead keeps the money for itself. You do need educated people to *run* the mine, and to develop the equipment for it, but you can get that from foreign countries.
The government only wants to spend money on it’s citizens when it helps the government. Singapore has great government support and a high standard of living because it has nothing to offer except intellectual goods. So people there have to be educated and healthy. Venezuela has a ton of oil, so people there only need to be educated and healthy enough to work the oil wells. In fact, the government wants to prevent education and development, because that would pose a threat to those in power
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