still trying to take her/her work in
Is China the new idol for emerging economies?
latest on winner take all – 2012:
2009 – on dead aid
book links to amazon
As individuals, it’s up to us to be open-minded, she says. To illustrate, she tells the story of her birth in 1968, in Zambia, where, at the time, black people were not issued birth certificates. In 40 years, if Moyo could go from being unrecognized as a human being to standing here delivering her ideas to the world, it’s possible to tear up preconceived structures and strictures, and instead look at options and seek the truth. “It’s about transforming the world and making it a better place.”
tedglobal 2015 – Economic growth has stalled. Let’s fix it
3 key drivers of econ growth: capital, labor, productivity
essential they grow at a rate of 7% a year
econ growth matters – upward mobility and improved living standards.. meaning life and how life is lived
driver of econ growth – capitalism – left to private owners.. so what has happened to capitalism… econ needs capitalism to work properly… need to focus on purer forms of capitalism.. ie: u.s.
pay for performance.. ie: sending kids to school, getting kids vaccinated..
? – whoa..
ideology is the enemy of growth
via Jason Hickel:
“Dambisa Moyo has a lot of fans these days. When she appeared at a recent Oxford Debate the crowd was packed with admiring students eager to take her side … But as heroes go, she’s a strange choice” — @jasonhickel
Original Tweet: https://twitter.com/africasacountry/status/1017372066717331456
But as heroes go, she’s a strange choice – a millionaire who sits on the boards of major Western banks and extractive companies, including Barclays, Chevron, and Barrick Gold. Peel away the slick image and you find that her ideas stray little from the dusty old neoliberal mantras so endlessly recycled by establishment elites in the US and Europe. Yet the Western media can’t seem to get enough of her – and perhaps that’s precisely why
Moyo’s new book, Edge of Chaos: Why Democracy is Failing to Deliver Economic Growth, is a perfect case in point. If you’ve heard of it, it’s probably because of the controversy over her outrageous idea that we should “fix” democracy by introducing a system of weighted voting, whereby the votes of people who have specific qualifications and higher levels of education would count more than the votes of those who don’t. Maybe it was always just a PR gimmick – a way to get media attention. But while critics obsess over the voting thing, the rest of Moyo’s book has gone unchallenged. And that’s where the real trouble lies.
Indeed, this is why she proposes weighted voting: because she thinks these ordinary folks don’t know what’s best for them, and we can’t trust them to decide on important matters of economics.
The real issue with this book is that Moyo fundamentally misdiagnoses the problem. She accuses democracy of being short-termist. But it’s not democracy that’s short-termist – it’s capitalism. The logic of capitalism is to seek short-term gains at the expense of more important things: workers’ welfare, people’s health, the ecosystems on which we depend.
there’s a deeper problem.. let’s go there..
just when we most need fresh thinking, Moyo urges us to double down on the status quo. Meanwhile, the voices of real thinkers across the African continent – ..never find a platform in the global media.
begs a mech to listen to all the voices.. everyday..