Car prices play a large role in calculating PPPs even while they play no role whatsoever in the consumption or consumption needs of the poor. And the prices of rice, bread and beans play a small role in calculating PPPs even though they play a huge role in meeting the consumption needs of the poor. So the World Bank's method of comparing and converting everything at general purchasing power parities into US dollars is highly distorting within an exercise whose purpose it is to determine whether households are or are not capable of meeting their basic consumption needs.
The fact that oppressive and corrupt regimes can borrow money in the name of the whole country means that the country's future generations will be we… - Thomas Pogge
The fact that oppressive and corrupt regimes can borrow money in the name of the whole country means that the country's future generations will be we…
- Thomas Pogge
Because present procedures by design favor the affluent, the poor are being increasingly marginalized. And because the poor are so marginalized, they… - Thomas Pogge
Because present procedures by design favor the affluent, the poor are being increasingly marginalized. And because the poor are so marginalized, they…
It seems far-fetched, even preposterous, to blame the global economic order for the persistence of severe poverty in countries that are ruled by obvi… - Thomas Pogge
It seems far-fetched, even preposterous, to blame the global economic order for the persistence of severe poverty in countries that are ruled by obvi…
I think that many citizens understand how our system works, or rather, fails to work, for structural reasons. But who has the capacity and the incent… - Thomas Pogge
I think that many citizens understand how our system works, or rather, fails to work, for structural reasons. But who has the capacity and the incent…
In order to prepare for meaningful change, we have to look at both sides of the problem. We need to examine the output of our political system, which… - Thomas Pogge
In order to prepare for meaningful change, we have to look at both sides of the problem. We need to examine the output of our political system, which…
We live in a world where economic positions - income and wealth - are very unevenly distributed, and this leads to the widespread persistence of pove… - Thomas Pogge
We live in a world where economic positions - income and wealth - are very unevenly distributed, and this leads to the widespread persistence of pove…
Feudalism is an economic system where a few people own all the land and the others have no option but to be serfs on such a feudal estate. We now con… - Thomas Pogge
Feudalism is an economic system where a few people own all the land and the others have no option but to be serfs on such a feudal estate. We now con…
The massive corruption common in so many developing countries would be quite impossible if Western countries did not provide convenient opportunities… - Thomas Pogge
The massive corruption common in so many developing countries would be quite impossible if Western countries did not provide convenient opportunities…
Large multinational corporations, often acting through their industry lobbies, exert a powerful influence on the formulation of domestic rules and on… - Thomas Pogge
Large multinational corporations, often acting through their industry lobbies, exert a powerful influence on the formulation of domestic rules and on…
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