Skip to main content

View Diary: Spanx Billionaire Sara Blakely Pledges 50% Of Her Wealth To Help Others (16 comments)

Comment Preferences

  •  I have costed out a program to end poverty (2+ / 0-)
    Recommended by:
    Leslie Salzillo, a2nite

    worldwide in the next generation. It is based on the fact that One Laptop Per Child XO computers now cost less than half-decent printed textbooks, and that we could provide free Open Educational Resources (OERs) to replace textbooks. Computers, plus the needed electricity and broadband Internet, for every one of the billion or so children in the world, could be provided at a net savings in many countries, particularly when you consider the economic benefits of providing electricity and Internet to even the poorest and most remote villages. Some countries would need assistance to get started. The initial investment would be about $25 billion annually, until increasing tax revenues in even the poorest countries enabled them to take over the program and expand it as needed with school construction, teacher training, curriculum development, decent salaries, and so on.

    Of course, it would be worthwhile to spend some tens of billions annually on matters of health and other immediate needs while we do that.

    It is clear that educating every child to qualify for jobs in the global economy and to be effective citizens would not only end poverty but all of its associated ills, and put a major dent in government corruption, terrorism, and even war.

    Oxfam has pointed out that the incomes of a hundred of the richest people on Earth would cover ending poverty several times over. Or 1.5% of record US corporate profits ($1.75 trillion last year) would do it, resulting in tens of trillions of dollars in economic growth worldwide.

    Ceterem censeo, gerrymandra delenda est

    by Mokurai on Thu May 09, 2013 at 09:00:55 AM PDT

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site