Friday, October 30, 2009

Out of Poverty

Free-market advocate Paul Polak is an atypical poverty expert. He compellingly argues that handouts do not alleviate poverty and might make it worse. Instead, he insists, the true solution to poverty lies in unleashing the poor’s entrepreneurial power. Polak says successful entrepreneurs like him are the ones who can help the poor make more money. His company designs cheap water pumps and irrigation systems that sell for a profit while helping subsistence farmers make more money. Although he frequently repeats the same points, Polak’s treatise is a lively read. getAbstract recommends Polak’s point of view to readers who seek a contrary – and practical – perspective on the problem of global poverty.

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