Many people today have clean water, good food, comfortable houses and money to spend. Billions, however, live in terrible conditions, often without enough to eat. Why is it that, despite all our economic progress, so many people is poor? In this essay I will discuss if the growth of business and capitalism is keeping people in poverty.
It’s easy to blame economic development for many problems. First of all, huge companies exploit the natural resources of countries. Nigeria’s oil, Zimbabwe’s diamonds and the Brazilian forest are used up, but no money goes to the ordinary people. Second, much industry leads to pollution or environmental damage. Huge dam projects in India force people from their homes, and pesticide poisoning kills millions. In addition, companies don’t care about employees. Some even move overnight to different countries, leaving thousands unemployed.
But it’s impossible to turn the clock back and live without economic development. In the first place, any job is better than no job. People need money to buy food, build houses and pay for their children’s medicine. Second, business and trade mean that good governments have money to invest in better infrastructure. They can build better roads, hospitals, sanitation, and schools, thus attracting more development. Finally, large-scale production provides us with cheap clothes, food, electronic goods and other luxuries. Only free trade and open markets can give us this consumer lifestyle, for necessities as well as luxuries.
In summary, we need to balance the greed of corporations with the needs of our people. Everyone deserves a chance to live a comfortable and dignified life.
Many
people
today
have clean water,
good
food, comfortable
houses
and
money
to spend. Billions,
however
,
live
in terrible conditions,
often
without
enough
to eat. Why is it that, despite all our economic progress,
so
many
people
is
poor? In this essay I will discuss if the growth of business and capitalism is keeping
people
in poverty.
It’s easy to blame economic development for
many
problems.
First of all
, huge
companies
exploit the natural resources of countries. Nigeria’s oil, Zimbabwe’s diamonds and the Brazilian forest are
used
up,
but
no
money
goes to the ordinary
people
. Second, much industry leads to pollution or environmental damage. Huge dam projects in India force
people
from their homes, and pesticide poisoning kills millions.
In addition
,
companies
don’t care about employees.
Some
even
move
overnight to
different
countries, leaving thousands unemployed.
But
it’s impossible to turn the clock back and
live
without economic development. In the
first
place, any job is better than no job.
People
need
money
to
buy
food, build
houses
and pay for their children’s medicine. Second, business and trade mean that
good
governments
have
money
to invest in better infrastructure. They can build better roads, hospitals, sanitation, and schools,
thus
attracting more development.
Finally
, large-scale production provides us with
cheap
clothes, food, electronic
goods
and other luxuries.
Only
free trade and open markets can give us this consumer lifestyle, for necessities
as well
as luxuries.
In summary, we need to balance the greed of corporations with the needs of our
people
. Everyone deserves a chance to
live
a comfortable and dignified life.