Munk Debates: Hernando De Soto argues in favour of the motion (3 of 15)

The 2009 Munk Debates: "Be it resolved, foreign aid does more harm than good"

Dambisa Moyo and Hernando De Soto argue in favour of the motion. Paul Collier and Stephen Lewis argue against the motion.

Category:

News & Politics

Tags:

• Dambisa
• Moyo
• Munk
• Debates
• 2009
• Hernando
• De
• Soto
• Paul
• Collier
• Stephen
• Lewis
• Dead
• Aid
• Trade
• Capitalism
• Foreign
• Africa

[victormanueification]

First time I will agree with this right wing economist.

[PoEtALiGJeRo]

dividir la propiedad o individualizarla no es la forma de relacion de los pueblos indigenas, mas que todo por la necesidad que tienen estos de sus mercados de sobrevivencia, deberian volverse cooperativas en vez de un capitalismo individualizado

[pablory22]

@Ryan18121 What they need to do then is get together in the form of a "union", what the Aboriginal peoples of Canada have done. The debate was on aid to developing nations in general, and not exclusively on aid to Africa. They mostly focused on Africa thanks to Dambisa though. De Soto's point is interesting and it could work if land was marketable.

[pablory22]

@Ryan18121 What they need to do then is get together in the form of a "union", what the Aboriginal peoples of Canada have done. The debate was on aid to developing nations in general, and not exclusively on aid to Africa. They mostly focused on Africa thanks to Dambisa though. De Soto's point is interesting and it could work if land was marketable.

[PurpleLava]

@CIAagent11 The rich people in poor countries win. The poor people in poor countries ( the vast majority) will continue to get shafted. Only education can lift the masses out of poverty, because it empowers the individual.

[nabillion]

@Ryan18121 its about property rights. most might have land, but they don't have that piece of paper that shows it's their land. And that's the problem with poverty. Money comes from property law, and without property you don't have security - which can and will result to poverty, war etc.

[CIAagent11]

If poor countries get capitalism, it's going to be good for everyone. They win because they get to compete for your money and leave poverty. You win because they are going to produce stuff that you can buy, which drives down the price of what you buy. Ergo the standard of living of everyone rises.