The Ravaging Effects of Foreign Aid and International Charity: Business & Financing War (1997) The Road to Hell: The Ravaging Effects of Foreign Aid and International Charity, by Michael Maren, is a book about good intentions gone awry, in the realm of charitable assistance to Africa. The author argues that the international aid industry is…
“One thing that keeps me puzzled, despite having studied finance and economics at the world’s best universities, the following question remains unanswered. Why is it that 5,000 units of our currency is worth one unit of your currency where we are the ones with the actual gold reserves? It’s quite evident that the aid is…
“Fifty years, and billions of dollars in post-colonial international aid have doe little to lift Africa from chronic poverty. African societies are crippled societies. You can’t keep these people living on handouts, because that doesn’t change their lives.” – Eritrea’s President explaining to the World Bank why he was rejecting their $200M aid package. The…
A recent article in ProPublica highlights the scandal of a few years ago in Haiti, with new information and documentation. Mainstream Charity is riddled with waste and corruption. This investigation shows that big organizations are, even at their best, less able to use your money effectively and efficiently than if you just sent your money…
Short answer, big agriculture, big business and little Bill. Bill Gates along with Monsanto are using their US government to force GM crops on Africa, says a report by FoE International. Small farmers will suffer, even more than they are under the current alleged aid and development projects. In their press release, FoE says: “South…
A Mail Online article, “The Great British rake-off… what really happens to the billions YOU donate to charity: Fat cat pay, appalling waste and hidden agendas” was published last November. It goes into some depth about how wasteful many charities are. Exposing how much money is spent on advertising, administration and so on, it details…
Western aid agencies are using the plight of Africa’s Ebola orphans to fund a lavish lifestyle in $800-a-night hotels and leaving the children to fend for themselves, according to Liberia’s development chief. Children who were forced to watch their parents die and were then shunned by their community are being ignored while useless facilities are…
Already 56,000 people have pledged to support a global ‘internet seed swap’ initiative promoted by Avaaz,. Trouble is, the plans are deeply flawed, and have been developed without consultation with major seed saving groups worldwide. They also claimed the approval of the famous activist Vandana Shiva, but had to apologize when she said she didn’t…
An investment branch of the UK’s Department for International Development (DFID) aid agency has come under fire for subsidizing Avance Ingenieros to build elite housing projects in El Salvador at the expense of the UK taxpayer, according to an investigation by the Guardian newspaper. This is not an accident or mistake, it’s policy. http://www.corpwatch.org/article.php?id=15954 See also…
Patrick Alley at TEDxExeter talks about how the logging industry and governments have conned people into believing that legal logging is ok and that organizations like the WWF are helping to improve the state of our forests. There’s an article on the redd-monitor site that’s worth reading too.