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Capitalism not a cause of poverty
News, Ricardo Hausmann, Published on 24/08/2015
» Capitalism gets blamed for many things nowadays: poverty, inequality, unemployment, even global warming. As Pope Francis said in a recent speech in Bolivia: "This system is by now intolerable: farm workers find it intolerable, labourers find it intolerable, communities find it intolerable, peoples find it intolerable. The earth itself -- our sister, Mother Earth, as Saint Francis would say -- also finds it intolerable."
Why fighting corruption fails to alleviate poverty
News, Ricardo Hausmann, Published on 28/07/2015
» Countries are poor because governments are corrupt. And, unless they ensure that public resources are not stolen, and that public power is not used for private gain, they will remain poor, right?