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We are assured not just that things will work out over time, but that scarcity is "vanishing before our eyes." Why, look - even as we watch - those 2.8 billion people are going to find food on their plates. Look again in a few hours and their shacks will have toilets - and then air conditioning. In a few days, they'll likely have DVD systems and be doing their banking by cellphone.
Linda McQuaig
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As things now stand, the case that capitalism will make the world - not just the West - materially better off has simply not been convincingly demonstrated. Indeed, with almost 70 per cent of the world's people experiencing a decline in their real incomes in recent years, the opposite appears to be true. The wanton celebration of market capitalism while so many people throughout the world are lacking basic food and shelter seems, if not downright vulgar, at least a little insensitive.
Linda McQuaig
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It is almost enough to make one's jaw drop to think that officials at the World Bank and the IMF would suggest that they have poverty alleviation in mind when they force governments to withdraw subsidies that enable poor people to get clean water to drink. If this is a policy aimed at helping the world's poor, it's interesting to imagine what a policy aimed at hurting the world's poor would look like.
Linda McQuaig
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Thomas Friedman dismissed the protesters in Quebec City as members of the "Coalition to Keep Poor People Poor." …The Coalition to Keep Poor People Poor might as well disband; its apparent goal is being accomplished in spades by pro-market forces. If the prospects of the world's poor improving their lot is one that supposedly upsets anti-capitalist protestors, they can confidently put their gas masks and get back to the shopping mall - global capitalism can be trusted to keep the poor in check without any help.
Linda McQuaig
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Canada got one break in the Walkerton tragedy: the deadly contamination of the Ontario town's water supply, which killed seven people in the summer of 2000, came from cow manure. If the contamination had come instead from, say, a toxic chemical produced by a foreign company, that would have been worse. Then the company might well have sued Canada for hundreds of millions of dollars.
Linda McQuaig
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Like chewing gum or hair gel, water [according to the World Bank and IMF] is to be sold by the private sector at market rates. The needs of the people are all that's left out of this equation.... [A] World Bank document cites the "willingness to pay" on the part of the people in Ghana as evidence of their recognition of the "health benefits" of drinkable water. It's amazing, isn't it, how people are "willing" to pay huge amounts for things that they need in order to survive!
Linda McQuaig
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Linda McQuaig
Born:
1951
(age 73)
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