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To: Robert Douglas who wrote (1080)12/2/1998 4:21:00 PM
From: Chip McVickar  Respond to of 3536
 
-Robert and Paul,

The article certainly shows its' weakness in supporting the claim that
"wealth distribution" is a root cause of the worlds hunger problems. I
was using it as an example of data use...as well as implying that the
human condition is more complex and differentiated with varied
perspectives.

The article is 'in and of itself' not a very complete presentation and I
doubt it was intended to do anything other then catch peoples attention.

"Wealth Distribution" 'in and of itself' is not the root cause...
What those with the wealth do with the wealth....is >>?

You can make an argument that it's not in the holders-of-wealth best
interests to reverse this pattern as in North Korea....Also, I do not
follow your reasoning that an even greater gap between the rich and poor
will result in improved distribution.....and that this will improve the
conditions of world populations.

This whole subject of the worlds wealth vs poverty is surrounded by an
almost impenitable barrier of subjective 'nonesense' as well as the
lack of concern. It is an area that economists have shelved and it lives
on the fringes of national economic debates.

Amartya Sen's work has had to overcome a great deal of caustic silence
by demonstarting through nearly flawless academic studies that this area
is indeed important to the continued health of a modern society. Sen's
work has brought attention to a wider perspective of economic responsibility.

It is my contention that the archtype of the very successful Industrial
Society [with all its variations]....the farthest extension now is the
"Capitalistic Free Market System" will have to evolve into a form that
uses Sen's work [and other works of similar views] as a necessary part
of any future economic system.

But this is bordering on the subjective dribble that irritates the discussions
by future looking economic thinkers. My mention in mentioning Arnold Toynbee
was in hope of adding some credence to the "thought that societies do evolve
and ours will undoubtably be much different as the 2100 comes around.

Isn't it much easier to chat about GDP and interest rates...?
Please excuse the lack of spell check, but I am late and must move on.
Chip



To: Robert Douglas who wrote (1080)12/3/1998 9:32:00 AM
From: Chip McVickar  Respond to of 3536
 
Robert,

Interesting Forbes article by Hanke:
forbes.com

Here's one by David Levy on Savings Rates
intellectualcapital.com

The reply comments below the Levy peace are interesting.