Throwing money at the problem won’t work. In fact, it can make matters worse. Some major charities unwittingly undermine local markets by temporarily flooding them with low-priced goods. For example, by flooding a market with free or under-priced food, the local farmers and food sellers can’t compete and go out of business. Thus it goes with most charity.
We need to think of new ways to combat world hunger, poverty and homelessness. We have to come up with subtle ways to influence economic development without causing dependency.
Instead of donating your money to a charity (most of which will go to administrative costs), I ask you to share your thoughts. Please discuss these serious issues at the Hunger & Poverty Forums, and help us think up new ways to effectively combat hunger and poverty. It’s completely free! The forum URL follows:
http://millionsofmouths.com/forums/
Please join now!