News for hackers. Stuff that matters.
Re:Work on these things by ianleeclark on Thursday January 09, 2020 @11:12AM (#22002345)
> We've just been lifting many hundred millions of people out of poverty in China, India, South-East Asia and elsewhere, but what does this have to do with "enriching the poor"?

I love this line of thinking because it always shows someone has put forth no effort into what the "poverty reduction" means. The International Poverty line has been $1.90/day. So, if you make the equivalent of $1.90 in your country or higher, then you are not in poverty. Now how about you go and do some work and see how nutritionally complete your diet will be on $1.90.

Re:Work on these things by klyrs on Thursday January 09, 2020 @11:50AM (#22002785)
> I love this line of thinking because it always shows someone has just guzzled from the gutter of ideology.

I somewhat disagree with zozbot and I agree with your material analysis (I'd add something about the rising Gini indices in the mentioned developing nations), but this sentence adds nothing to the conversation.

Re:Work on these things by marcus_holmes on Thursday January 09, 2020 @11:57AM (#22002875)
In Europe? well, that's most of a donor kebab in Berlin, so not terrible ;)

In Cambodia... I could easily feed myself on $1.90 a day, if I wasn't white and getting barang (foreigner) prices.

Re:Work on these things by ianleeclark on Thursday January 09, 2020 @02:18PM (#22004465)
No, you get local prices adjusted to 1.90$

As much as I love Döner, half of one isn't nutritionally complete.

Re:Work on these things by marcus_holmes on Thursday January 09, 2020 @04:19PM (#22005893)
As I understand it, the poverty line is $1.90 in USD. Not in local currency, and not adjusted for local prices. Which is why it sounds like anyone living in poverty should starve to death within a week, but they actually don't (because $.190 isn't comfortable in Cambodia, for sure, but if you get local prices you won't starve to death in a week).

OK, half a kebab and a few beers. Many's the time I've woken up to empty beeer bottles and a half-eaten kebab and I haven't starved to death ;)