Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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You added a vocabulary term
9 years, 1 month ago

plutocracy

Similar mechanisms prevail at the un, the World Trade Organization, and the World Bank. Nationally, we aspire to live in democracies. Internationally, we inhabit a plutocracy.

referring to voting power in the IMF being based on economy size not pop size

—p.79 Thinking Small Won’t End Poverty (75) by Jacobin
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9 years, 1 month ago

what have we been doing to them? inspo/anti-capitalism

If community programs have consistently floundered, both in the past and today, what’s left? A return to the rule of experts? Bigger dams and better seeds? If faced with two approaches — that of the development expert, asking “What can we do for the poor?” and that of the community developer, askin…

—p.78 Thinking Small Won’t End Poverty (75) by Jacobin
You added a vocabulary term
9 years, 1 month ago

bulwark

Community development, one of its officers giddily explained, could be a bulwark “against the leftist takeover of every hamlet in Latin America, Asia, and Africa.”

this is wild

—p.78 Thinking Small Won’t End Poverty (75) by Jacobin
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9 years, 1 month ago

direct financial transfers, unmediated by government agencies

[...] Shoppers can donate their bag credits — the five-cent rebate they receive by forgoing plastic bags — to a microfinance fund.

Combining this with traditional donations, Whole Foods hopes to raise $5 million to fund 40,000 small loans to “impoverished entrepreneurs” around the globe. They sa…

—p.75 Thinking Small Won’t End Poverty (75) by Jacobin
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9 years, 1 month ago