Saturday, November 22, 2008

Why Poverty Matters

On a sugar plantation in Brazil a worker gets approximately £5/day for cutting 4 tons of cane in hot, suffocating, humid, snake infested conditions. This is slave labour in all but name and there are millions working long hours for less all over the World.

Who amongst us could work in these conditions and who would want to for such meagre reward?

If one wants to increase global demand and boost economic growth, then the first thing one needs to do, is start paying a fair price for labour, thereby increasing the purchasing power of the poor.

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