:: The Rational Radical Blog ::

Friday, March 11, 2005

Free Trade Proposal Splits El Alto, Bolivian City

The market-oriented changes that Washington long ago prescribed for Latin America have brought little or no prosperity to the average person, with some lands poorer than before.

Growth has been no better than halting in a region that needs galloping momentum to pull many of its people out of poverty, despite improved economic indicators seen in 2004.

There's no way by itself growth in these economies can adequately help the average person. There also needs to be a fairer distribution of income, so that the top 1-5% don't hoard most of the wealth while those at the bottom go hungry and die.

Jack Clark 10:06 PM [+]   
Post #111060758480197614