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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Chip McVickar who wrote (1078)	12/2/1998 2:30:00 PM
From: Robert Douglas	Read Replies (2) of 3536

Chip, A few comments on the article you linked: monde-diplomatique.fr No doubt there is human suffering in the world and no doubt there is hunger. But it is wrong to suggest that the cause of this is wealth distribution. One could easily argue that since conditions have improved during this supposed period of increasing mal-distribution of wealth that we need even a greater gap between rich and poor. Doesn't this follow? The article does rightly point out that man causes much of his fellow man's suffering, but goes nowhere in trying to prove the point that wealth distribution is the cause. This type of article is eerily reminiscent of the arguments at the beginning of the “War on Poverty” in the U. S. when the dollar estimates for eliminating poverty were miniscule. Did any of those promises ever come true? -Robert PS Did anyone notice that the term ultra-liberalism means something very different in other cultures?

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