The SNU is always on the lookout for potential rally spots. Here’s one Randy and Vicki checked out in NE California. See the Lassen RV Park report.
Archive for November, 2014
“Dartmouth economics professor Douglas Irwin has an excellent op-ed in today’s Wall Street Journal — “The Ultimate Global Antipoverty Program,” with the subtitle “Extreme poverty fell to 15% in 2011, from 36% in 1990. Credit goes to the spread of capitalism“. Here’s an excerpt:
“The World Bank reported on Oct. 9 that the share of the world population living in extreme poverty had fallen to 15% in 2011 from 36% in 1990. Earlier this year, the International Labor Office reported that the number of workers in the world earning less than $1.25 a day has fallen to 375 million 2013 from 811 million in 1991.”
“The reduction in world poverty has attracted little attention because it runs against the narrative pushed by those hostile to capitalism. The Michael Moores of the world portray capitalism as a degrading system in which the rich get richer and the poor get poorer. Yet thanks to growth in the developing world, world-wide income inequality—measured across countries and individual people—is falling, not rising, as Branco Milanovic of City University of New York and other researchers have shown.
Capitalism’s bad rap grew out of a false analogy that linked the term with “exploitation.” Marxists thought the old economic system in which landlords exploited peasants (feudalism) was being replaced by a new economic system in which capital owners exploited industrial workers (capitalism). But Adam Smith had earlier provided a more accurate description of the economy: a “commercial society.” The poorest parts of the world are precisely those that are cut off from the world of markets and commerce, often because of government policies.”
Enabling people, securing property rights and rule of law, not via top down governmental control has proven effectiveness. This isn’t what the Pope is advocating as a solution to poverty although he says he isn’t bashing capitalism. It isn’t what much of the population is advocating, either, as the ‘exploitation meme’ as one excuse for one’s ills has a lot of adherent’s as well.
The November 2014 Newsletter has been posted — Links to photo galleries and additional information mentioned in articles in this newsletter can also be found there.
Topics in the November newsletter — Luncheon at Bavarian World -|- Review of Ft Churchill Rally & Region rally comments -|- SNU Business -|- Prez Meanderings -|- SNU Facebook page -|- Marlene & Baxter’s Region Rally comments & trip report -|- CO and other detectors and alarms
November lunch at Bavarian World, Reno — The SNU November lunch will be at Bavarian World in Reno, Saturday November 22, 2014, time 11:30am. Bavarian World is located on the corner of 4th and Valley, just off Wells Ave. Please rsvp to firstname.lastname@example.org or call 775 972 9392.
Just in! – Check the Airstream photos Wheels took at the Nevada Day Parade
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