“The Paradox of Plenty”
Why are people so poor in resource “rich” companies?
A talk by Terry Lynn Karl
There’s never been more wealth – and never more economically desperate and disenfranchised people.
What’s going on?
The countries that seem to be hit the hardest are countries with massive mineral and oil wealth.
It’s a paradox. They have all the money in the world and it turns out to be more of a curse than a blessing.
This is a bit of an academic talk – therefore a little dry – but the ideas are worth our attention and thought.
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