Are wealthy countries in anyway responsible to lift poor countries out of poverty?

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It’s very interesting seeing the changes to Chinese economy.
In Australia (I live here) there have been much complaints because middle class Chinese (living in China) were buying many Australian properties and sending the housing prices through the roof.
In addition,I know of Daigous who send products from Australia to the growing middle class in China.
It is good to see that Chinese citizens have improved their circumstances-they deserve it as many work so hard.
At the same time there i think there is many Chinese still in great poverty (lack of sanitary toilets etc).
 
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As a side note-Should everybody be given a basic universal income as is being trialled in some countries?
 
Ahh, the usual complaint and right wing talking point and rhetoric. The beauty of it all is you won’t need to fight “the communist sympathizer” but you will need to simultaneously defend the Church’s stance when it exclaims… “The misery and wretchedness pressing so unjustly on the majority of the working class.”. Combined with the right of the worker to form unions. (see Rerum Novarum)…A Catholic sees the injustices of “unregulated” Capitalism AND socialism, and also sees regulations that have been needed because of the “rotten system” Dorothy Day and Peter Maurin spoke of.
As a society regulations have been needed as a counter reaction to injustices most in part because we are a reactive society, not proactive. In lay mans terms…Regulatory practices to curb capitalistic practices were put into place not because someone “may” attempt to do someone dirty…but because they did.
 
JanSobieskiIII said:
The US government shouldn’t be taking money from its citizens to give to foreign nations.
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Sometimes this kind of dispersement of taxpayer funds is in the country’s best interests. But it shouldn’t be confused with charity.
 
I only said the stories of slave like conditions for the majority of Chinese factory workers are exaggerations. Sure you can find labor abuses but they are not the norm.

I did not say anything about China’s economic status only that there is a rising middle class which is fact.
 
Assistance from more well off nations will not fix the inherent problem. The problem is corruption and this will have to be addressed and fixed by the Indian people themselves.

Sure assistance will help but it will not solve the problem.
 
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My brother has his own IT business and it is thriving. He is constantly at work even when on holiday with his wife and kids.

I suspect a lot of business owners are not living high on the hog as some people think. They are constantly at work, growing their business.
 
Sarcelle said:
Assistance from more well off nations will not fix the inherent problem.
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Absolutely right.

Providing charity doesn’t change is relief, but doesn’t change their underlying conditions. They will still be in poverty.

The only way that America could lift Cuba and Venezuela (examples given) out of poverty would be to force those nations’ tyrants from power and bringing freedom to those realms. That kind of solution has its own problems, and isn’t really that recommended.
 
China has been building roads, railroads, bridges and other infrastructure in Africa,Asia, and Eastern Europe.

Is it due to charity? I doubt it.

All these building is done to create future markets for Chinese goods.
 
I don’t think even bringing “freedom” works

These nations need their domestic affairs managed by a stable and prosperous country, they’ve proven incapable of self rule.

Bring back the Empires!! 😍
 
@abucs,

I’m definitely not suggesting that all wealthy people are like this -far from it -but we also have to be honest and realistic that there are no shortage of wealthy people who do the things I mentioned.
One look on Instagram and you will see it.

Examples:Travers Beynon,Andrew Bush,Gianlucha Vacchi,Richard Lugner,and not to mention the countless rich men on sugar daddy type websites.

Unfortunately there are no shortage of people like this with no shortage of “followers” and they sell a false version of happiness and success to certain men who take it on board.
 
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Those people are blowing their money on goods and services that employ others, they’ll soon be broke, or their heirs will blow what little is left. It’s really not all that bad. That’s how wealth ends up getting redistributed. The poor stewards of wealth lose it all.
 
Isn’t a part of the problem though that different cultures are good at different things?
(I’m going to do a bit of stereotyping below so please don’t take this the wrong way.)

Ie:the Chinese are good at manufacturing and mass production (not so much at innovation) but Indians aren’t particularly good at this and are better at things like IT and computers?

Can a Chinese type model work in India because even if they were to work for very minimum to build the countries wealth like China has done,do they have the capacity for manufacturing?

Is manufacturing even going to exist in China in the same capacity as today if a lot of things get automated-ie:if a machine can sew the dress instead of a woman wha will happen to their jobs?
 
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The Chinese ability to innovate will come in the future but it depends on certain factors. I doubt if there is an innovation gene which is somehow present in the West but is absent in the East.

I remember people were saying the same things about the Koreans and Japanese yet there is a lot of innovation going on in these two countries.

As for China, I don’t see why its people are less capable of innovation. Just because a country currently excels at a certain task does not mean they are incapable of other tasks.

The deciding factor is the commitment to innovation since it requires long term thinking and the willingness to sacrifice short term gain for long term gain. It also incurs research and development costs which does not yield immediate benefit. Right now China seems to think stealing intellectual property is more profitable than actually doing the innovation themselves.
 
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Japan’s always been thought of as being more innovative than China.
It would not surprise me if there was a genetic component to the things that each nation are good at,but that doesn’t necessarily mean those things can’t be learnt too (in my humble opinion).
 
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If you look at China you can see the uniqueness of its culture. It is in fact it one of the most unique cultures in the world. This goes to show that the Chinese people are capable of innovation.

In my opinion, the attitude that prevailed in China centuries around the age of European exploration was one of arrogance and the sense that all that was worth learning and achieving had been all done in the past. This attitude has led to their downfall and in their own terms, the century of humiliation.

Now that they are coming up in the world, it remains to be seen if they had learned their lesson, the lesson that arrogance precedes a fall.

If they do learn this lesson and keep humble, they are certainly capable of innovation.
 
It’s kind of tempting isn’t it?

However, will this give rise to inflation?
 
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