Foreign Aid and Dependency: A System of Economic Slavery


PovertyCure recently released a marvelous video promoting their refreshing approach to economic (and human) transformation. As the video states, “It’s time to ask, ‘What causes wealth?’”

Watch the video here (HT):

The video illuminates some great points about the poisonous dependency being fostered by the modern foreign aid movement, at one point calling it “a system of economic slavery.”

The solution: individual empowerment and transformation.

The PovertyCure web site also echoes a view of human potential similar to that which is often promoted on this blog:

Christ calls us to solidarity with the poor, but this means more than assistance. It means seeing the poor not as objects or experiments, but as partners and brothers and sisters, as fellow creatures made in the image of God with the capacity to solve problems and create new wealth for themselves and their families. At a practical level, it means integrating them into our networks of exchange and productivity.

PovertyCure, Poverty CureWith organizations like Hope International and Acton Institute already on board, the effort seems to hold great promise.

To read the organization’s principles, click here. I particularly recommend reading the section called, “The Church’s Role in Combating Global Poverty.”

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  • http://twitter.com/remnantculture/status/19577683990024192 Remnant Culture

    Watch @povertycure new video on the pitfalls of the modern foreign aid movement. http://bt.io/GViC

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  • http://twitter.com/josephsunde/status/19768667428356096 Joseph Sunde

    Does the foreign aid movement constitute a "system of economic slavery"? Watch this video: http://bt.io/GViC

  • Jdwarden36

    I made a similar point paraphrasing Henry Hazlitts “Economics in One Lesson.” Basically, when you give money(dollars) away in foreign aid, what are they going to do with a foreign currency? We're better off just buying them what they need. I had a whole section in an essay that I wrote, that I ended up scratching due to size, equating foreign aid to welfare at home. If you want to truly help a third world country, allow them the means of employment. I know there are a lot of people who rag on shipping jobs overseas, but we are letting someone feed their family on an honest earned wage. Look at what happened to India once we started doing business with them. The people making minimum wage here are the bourgeoisie there.

    p.s. Do you suppose they call it “The Projects” because it's a project?

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  • SEUNSAM4REAL

    Sarasvathy likes to compare expert entrepreneurs to Iron Chefs: at their best when presented with an assortment of motley ingredients and challenged to whip up whatever dish expediency and imagination suggest. Corporate leaders, by contrast, decide they are going to make Swedish meatballs. They then proceed to shop, measure, mix, and cook Swedish meatballs in the most efficient, cost-effective manner possible

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