stxx meinte am 10. Jun, 03:49:
Focus on development
i agree in not redistributing funds, but i see a substantial benefit for society to "help" the poor countries to become rich and industrialized countries would profit as well. imagine the benifit of consuming 5 times more than now at lower prices! and the innovations would take place in a more competitive environment determined by global markets! but this illusion is too far fetched. maybe the EU understands that it is an economic crime to support european cows by $2 per day on average when there is more than the half of the population on earth living with less. it seems that we still consume our wealth based on the behalf of others who are not so well off. but unfortunately i now see not way out of the development dead end.
Mahalanobis antwortete am 10. Jun, 04:33:
I can't
agree more with what you have said in the first part of your comment.Concerning the EU: Recently I pointed out that all direct and hidden agricultural subsidies paid to EU farmers annually add up to approximately 120 billion euros. This is enough money to fly Europe's 45 million cows around the world on first-class air tickets. Only with such comparisons one can see the magnitude of the crime currently going on in the European Union and I think everything should be done to end this "regime" asap. But PLEASE don't say even say that it "seems that we still consume our wealth based on the behalf of others". The idea that the income pie has a fixed size (lump of income fallacy) and that the developed world is living at the cost of the less developed world is so ingrained in the brain of the average voter that one should do everything to prevent such a missconception.