The creation of poverty is the best way of creating wealth

Have you ever given a serious thought to why poverty exists? Poverty is as old as humanity is and it is apparent that we will always have the poor amongst us.

This does not only apply to us as people; it also applies to a community of nations.  Some years past in our parliament when our government introduced the idea of poverty eradication, Hon Mmoloki Raletobana raised notified parliament that poverty eradication was not achievable. He advocated for the use of poverty reduction as opposed to eradication. Raletobana must be a very religious man because his theory of poverty eradication is very much supported by Jesus Christ. In the book of John 12 verse 8, Jesus told his disciples that the poor will always be amongst them. This was after the famous incident where a woman poured an alabaster jar full of expensive perfume.

After the three week discussion in which I sought to praise the ingenious idea by the Chinese for setting up the Asian Infrastructure Investment Bank, I shall attempt to look at the history of poverty going back as far back as the last century and how the Breton Woods Institutions, being the World Bank and the International Monetary Fund have perpetuated the cycle of world poverty.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

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