3Macro economic structural adjustments have not worked for decades and are not likely towork in the immediate future because they fundamentally misconstrue the underlyingcauses of poverty. Governance solutions require revolutionary social and politicalchange. Enterprise solutions to poverty are achieving notable results around the world.Most flourishing pro poor enterprises use network business models that are quite differentfrom traditional corporate command and control hierarchies. The most successfulnetwork business model on earth is franchising which demonstrates remarkable strengthsas a poverty intervention. Proliferating very small businesses and social enterprises asMicroFranchises will help dramatically reduce global poverty.
Poverty is Global Menace #1
Poverty is the worst malignancy on earth. Many of the
in the worldtoday – AIDS and other infectious diseases,
environmental degradation,illiteracy, malnutrition, human rights abuses, human trafficking, narcotics trafficking,illegal immigration, ideological intolerance, tyranny, genocide, debt slavery– have theirroots in this seminal evil, the brutal daily indignities of mind-numbing poverty. Billionsof our fellow brothers and sisters barely survive on the equivalent of 1, 2 or 3 dollars perday.
Tens of thousands die every day from the preventable effects of this environmental,social and economic pathology that Gordon B. Hinckley labels “the greatest pandemic of the world”.
Gandhi called poverty “the worst form of violence.”In an encouraging show of solidarity in January 2005, the world’s glitterati ensconced atthe World Economic Forum in Davos and the world’s advocates assembled at the WorldSocial Forum in Porto Alegre agreed on a common cause: poverty is our greatestproblem. Jeffrey Sachs’ moving articulation of the poverty scourge was on the coverof
Buoyed by the vocal “Make Poverty History” campaign coming from the EU
,Tony Blair gave the issue prime billing at the 2005 G8 Summit. Kofi Annan chose Mark Malloch Brown, formerly head of the United Nations Development Programme, as hisnew chief of staff in part because global poverty has been such a large issue at the 2005UN General Assembly. Poverty will top the agenda at the WTO Ministerial Round inHong Kong later in the year. Opinion polls around the world show the issue rising to the
“The best antidote for AIDS, or any other disease, is prosperity.” James Glassman,
Scripps Howard NewsService
, syndicated column, August 2005.
Thomas L. Friedman, one of the most astute contemporary observers of the global condition, says in anumber of articles that terrorist extremism results from a “poverty of dignity.”
Global Poverty Report: Multilateral Development Banks and International Monetary Fund Report to theG8
, Okinawa Summit, July 2000.
Gordon B. Hinckley, remarks at the Enterprise Mentors International 15
anniversary banquet, Salt LakeCity, October 2005.
Jeffrey Sachs, “How to End Poverty,”
, March 14, 2005. The article summarizes Jeffrey Sachs,
The End of Poverty: Economic Possibilities for Our Time
(New York: Penguin Press, 2005).
www.makepovertyhistory.orgThis is the white band campaign being promoted by Oxfam and otherswho advocate a dubious “debt, aid, trade” agenda. US equivalents arewww.onecampaign.organdwww.one.org.