The Forum > Article Comments > Bridging the fourth world: assessing the conflict between industry and indigenous peoples > Comments
Bridging the fourth world: assessing the conflict between industry and indigenous peoples : Comments
By Conor Johnson, published 26/11/2014At present, there are over 300 million Indigenous people worldwide comprising approximately 5% of the global population. Alarmingly, however, they represent 10% of those living in extreme poverty.
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And just on self interest economic grounds alone.
People with no money spend none of it! And in not spending, (dastardly rotters) they lower essential discretionary spending, which now supports around 80% of most domestic economies.
Creating debt to help banks/billionaires/ insurance companies, stave off bankruptcy, has resulted in!
For every dollar of official debt created by the (economic rationalism/trickle down theory) model, there is just 0.03 dollars worth of U.S.economic growth and seriously hoarded wealth!
Whereas, under the Keynesian model, every dollar of debt created 2.4 dollars worth of economic growth! And created an unprecedented period of economic growth and prosperity, (money go round) into the bargain!
Universal prosperity, wound back by virtual generations of mindless tea party types, who managed to convince the most ignorant, their tax dollars were wasted on the poor; and, who should just work harder and longer; like they had to!
A problem further compounded by asinine green groups, trying to protect the wilderness?
From who?
Why the indigenous nations who own them and their resources; including pristine forests, and wild waterways of course!
Tourism they say, will replace forgone mineral development and selective logging, as a source of income.
So, in some areas we now see, casinos, and obligatory lick spittle lackeys, working for pittances! And as seasonal as the whim and caprice, of well heeled traveler.
Others have oil wells/gold-copper mines and so on, that support whole communities, as far as the eye can see, and where, resource funded good schools and hospitals, have set younger generations up as doctors,
lawyers and such; for a future that also includes them!
Given we live on an already overpopulated planet, we need something other than endless population growth to create demand, to in turn grow the economy, or as some might say, the pie.
And that is as simple as attacking and ending poverty in all its forms and guises, wherever we find it!
Keynesian stimulus aimed at the poorest! It's the economy stupid!
Rhrosty.