The End of Poverty Buchzusammenfassung - das Wichtigste aus The End of Poverty

Einleitung anhören

00:00

Zusammenfassung von The End of Poverty

Name: The End of Poverty
Rating: 4.2 (74 reviews)
Author: Jeffrey Sachs

Jeffrey Sachs

Economic Possibilities for Our Time

4.2 (74 Bewertungen)

19 Min.

Kurz zusammengefasst

The End of Poverty by Jeffrey Sachs explores how poverty can be eliminated and outlines a comprehensive plan to achieve this goal with the help of development aid, education, and good governance.

Themen

Internationale Wirtschaft

Inhaltsübersicht

The End of Poverty
in 9 Kernaussagen verstehen

Audio & Text in der Blinkist App

Kernaussage 1 von 9

What’s in it for me? The simple steps to end global poverty.

Why does poverty still exist? There is so much wealth in the world – clearly enough to go around – and yet many developing societies remain incredibly poor.

Many simply accept this bizarre situation. They think it’s the natural state for some to have a lot and others very little. Others fight the problem, but in the wrong way. Just look at the amount of aid sent from the developed world to the developing one. Year upon year aid is sent, and yet poverty remains.

So should we give up? Or spend more? No. These blinks show you the reasons poverty persists, and how we can overcome them.

They also show

how nations like China and India have pulled themselves out of poverty;
just how little actual aid goes to the people who need it; and
why many poor countries are landlocked.

The Industrial Revolution produced vast wealth for some, but billions still live in extreme poverty.

Equality varies tremendously from one country to another. In fact, while the people in wealthy countries have enormous resources at their disposal and consume much more than they need, those in the poorest nations struggle every day just to fill their stomachs with the food necessary for survival.

The result is that every day 18,000 children die of malnutrition. That’s one child every five seconds!

But these huge disparities in wealth haven’t always existed. In fact, they are a product of the last 200 years. For instance, 200 years ago, most people, regardless of where they lived, were pretty poor. As a result, the differences in poverty level between Europe and Africa were relatively small.

However, as some countries rapidly developed during the Industrial Revolution, they left others behind. For example, the steam engine enabled the mass production of goods while steam trains and ships boosted trade. Furthermore, the advent of electricity and telecommunication made further progress possible, resulting in the constant growth of the global economy.

But certain states benefited from this progress more than others: namely the Western nations.

As a result, countries outside the West remain poor to this day. For instance, today about one billion people are in extreme poverty, living on less than $1 a day. Another 1.5 billion are in moderate poverty, meaning they live on $1–2 a day. That’s enough for basic survival, but not enough for luxuries like a flush toilet or clean running water. Then there are the 2.5 billion people in the middle class. That means they can afford shelter, a television and maybe even a motorbike.

So why do some countries remain poor to this day?

Many of the poorest countries are trapped in poverty with no way out.

So, the Industrial Revolution made lots of Western countries rich, but there are still tons of poor developing nations.

How come?

Economic growth means capital accumulation, a near impossibility for poorer countries.

We all know the phrase, “it takes money to make money” and it’s true for both people and countries: to become richer one first needs to accumulate capital. After all, building wealth requires a healthy stream of capital investment, which, if used wisely, will create more wealth for further investment.

However, wealth only builds if economic growth exceeds inflation and increases in population. Inflation is the decreasing value of a currency. So, if a country produces a surplus, but is suffering from an inflating currency, it’s likely that little or no additional wealth will actually be created.

The complex problems of economically disadvantaged nations demand individualized solutions.

People are always talking about magic solutions that would put poverty to rest once and for all. But the truth is that a one-size-fits-all solution is unlikely to exist. That’s because every country is dealing with poverty for its own individual and complex reasons. That means the only true solution is to carefully unpack every issue.

Just take Bolivia, a prime example of the long-term struggle to develop a solution to economic strife. In the 1980s the country was dealing with hyperinflation in the region of over 24,000 percent! As a result, over just a few years, the exchange rate between pesos and dollars had multiplied by millions.

China’s rags-to-riches story is one of governmental change and natural advantages.

Most people today know China as a global superpower – one of the fastest growing economies in the world. But that wasn’t always true.

In fact, until the 1970s, China was a more or less poor and rural country, isolated from the rest of the world. During this time, a huge percentage of the population lived in poverty and the communist government built diplomatic walls around its economy to defend it against outside markets and interference.

India paved its way out of poverty by opening its markets and investing in education.

So, China developed its way out of the poverty trap, but it’s not the only example of such success. India is another instance in which the correct strategies really paid off. Their story is one of opening markets while providing a stellar education to the country’s elite.

But before we get there it helps to know some history.

African poverty could be eliminated with a modest amount of developmental aid.

To the confusion of many, Africa has been trapped in poverty for ages. Developmental aid has been routinely injected into the continent, but seems to vanish south of the Sahara with nothing to show for it.

How come?

Ending global poverty needs to be a priority of wealthy countries.

Alright, now you know how developmental aid can fight poverty, but that’s not all that’s necessary. It’s also key to transform international politics. Here’s how:

First of all, poor countries need to have their debts canceled. That’s because these crippling debts simply can’t be repaid.

Final Summary

The key message in this book:

The inequitable distribution of global wealth has trapped much of the developing world in poverty. But the good news is that Western nations could end the impoverishment of millions worldwide with a modest amount of developmental aid, invested correctly.

Du möchtest die gesamte Zusammenfassung von The End of Poverty sehen?

Kernaussagen in The End of Poverty

Mehr Wissen in weniger Zeit

Sachbücher auf den Punkt gebracht

Kernaussagen aus Sachbüchern in ca. 15 Minuten pro Titel lesen & anhören mit den „Blinks”

Zeitsparende Empfehlungen

Titel, die dein Leben bereichern, passend zu deinen Interessen und Zielen

Podcasts in Kurzform ^Neu

Kernaussagen wichtiger Podcasts im Kurzformat mit den neuen „Shortcasts”

Worum geht es in The End of Poverty?

The End of Poverty (2005) is a guide to ending extreme poverty once and for all. These blinks explain how little investment is actually required to transform the lives of millions. That is, as long as it’s spent wisely.

Wer The End of Poverty lesen sollte

Anybody who wants to end global poverty
Everyone with an interest in politics or international relations
Every charitable person

Über den Autor

At the age of 28, Jeffrey Sachs was given a professorship in economics at Harvard University. Now he runs the Earth Institute at Columbia University and serves as special advisor on the Millennium Development Goals to the UN general secretary.

Kategorien mit The End of Poverty

Wirtschaft

Ähnliche Zusammenfassungen wie The End of Poverty

The Origin of Wealth

Eric D. Beinhocker

The Radical Remaking of Economics and What It Means for Business And Society

How Britain Made the Modern World

29 min

4.6

On the Origin of Species

Charles Darwin

By Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life

23 min

4.7

Who We Are and How We Got Here

David Reich

Ancient DNA and the New Science of the Human Past

One small step toward understanding the greatness of the universe

Western Conceptions of the Orient

19 min

3.9

23 Things They Don’t Tell You About Capitalism

Ha-Joon Chang

Why capitalism is not what you think it is.

23 min

3.9

Mighty Be Our Powers

Leymah Gbowee with Carol Mithers

How Sisterhood, Prayer, and Sex Changed a Nation at War

20 min

4.7

The Omnivore's Dilemma

Michael Pollan

A Natural History of Four Meals

The Bulletproof Plan to Age Backward and Maybe Even Live Forever

A Brief History of Humankind

How Design Thinking Transforms Organizations and Inspires Innovation

17 min

4.2

How to Be a People Magnet

Leil Lowndes

Finding Friends – and Lovers – and Keeping Them for Life

What We Should Know about the People We Don’t Know

The False Promise of Optimization

15 min

3.3

The Power of Your Subconscious Mind

Joseph Murphy (Ian McMahan revised)

Unlock Your Master Key to Success

15 min

4.4

The Life-Changing Magic of Tidying Up

Marie Kondo

The Japanese Art of Decluttering and Organizing

Why the Poorest Countries Are Failing and What Can Be Done About It

19 min

4.2

The Hundred Years' War on Palestine

Rashid Khalidi

A History of Settler Colonialism and Resistance, 1917–2017

The Small Changes That Change Everything

Own Your Morning. Elevate Your Life.

22 min

4.5

The Mental Toughness Handbook

Damon Zahariades

A Step-By-Step Guide to Facing Life's Challenges, Managing Negative Emotions, and Overcoming Adversity with Courage and Poise

19 min

4.5

A Brief History of Time

Stephen Hawking

From the Big Bang to Black Holes

How I Curbed My Anxiety and Conquered a Lifetime of Panic Attacks

19 min

4.4

Capitalism and Freedom

Milton Friedman

The definitive statement of Friedman's immensely influential economic philosophy

19 min

4.4

The Mind of the Leader

Rasmus Hougaard & Jacqueline Carter

How to Lead Yourself, Your People, and Your Organization for Extraordinary Results

Fix Your Craving Mindset and Rewire Your Habits to Thrive with Enough

15 min

4.1

Weapons of Math Destruction

Cathy O’Neil

How Big Data Increases Inequality and Threatens Democracy

The Psychology of Persuasion

Ten Reasons We’re Wrong About the World – and Why Things Are Better Than You Think

18 min

4.3

The Conquest of Happiness

Bertrand Russell

Discover Timeless Wisdom and the Secrets to Conquering Happiness

16 min

4.6

The Signal and the Noise

Nate Silver

Why So Many Predictions Fail — but Some Don't

On the Origins of Life, Meaning and the Universe Itself

Tips and Techniques to Help You Learn Any Language

13 min

4.0

Writing for Busy Readers

Todd Rogers & Jessica Lasky-Fink

Communicate More Effectively in the Real World

21 min

4.2

Why Nations Fail

Daron Acemoglu & James A. Robinson

The Origins of Power, Prosperity, and Poverty

Podcasting Marketing Strategy

Daniel Rowles and Ciaran Rogers

A Complete Guide to Creating, Publishing, and Monetizing a Successful Podcast

Being Human in the Age of Artificial Intelligence

A New Africa Breaks Free

How Today's Biggest Trends Will Collide and Reshape the Future of Everything

Lose up to a Pound a Day, Reclaim Energy and Focus, Upgrade Your Life

The Rise and Fall of a New Tycoon

Life, Liberty, and the Pursuit of Entrepreneurship

Neoliberalism and Global Order

The Macedonian who conquered the world

The Six Killer Apps of Western Power

23 Techniques to Relieve Stress, Stop Negative Spirals, Declutter Your Mind, and Focus on the Present

Exceed Your Highest Expectations

A Guide to Our Future

16 min

3.9

❤️ für Blinkist️️️

Ines S.

Ich bin begeistert. Ich liebe Bücher aber durch zwei kleine Kinder komme ich einfach nicht zum Lesen. Und ja, viele Bücher haben viel bla bla und die Quintessenz ist eigentlich ein Bruchteil.

Genau dafür ist Blinkist total genial! Es wird auf das Wesentliche reduziert, die Blinks sind gut verständlich, gut zusammengefasst und auch hörbar! Das ist super. 80 Euro für ein ganzes Jahr klingt viel, aber dafür unbegrenzt Zugriff auf 3000 Bücher. Und dieses Wissen und die Zeitersparnis ist unbezahlbar.

Ekaterina S.

Extrem empfehlenswert. Statt sinnlos im Facebook zu scrollen höre ich jetzt täglich zwischen 3-4 "Bücher". Bei manchen wird schnelle klar, dass der Kauf unnötig ist, da schon das wichtigste zusammen gefasst wurde..bei anderen macht es Lust doch das Buch selbständig zu lesen. Wirklich toll

Nils S.

Einer der besten, bequemsten und sinnvollsten Apps die auf ein Handy gehören. Jeden morgen 15-20 Minuten für die eigene Weiterbildung/Entwicklung oder Wissen.

Julia P.

Viele tolle Bücher, auf deren Kernaussagen reduziert- präzise und ansprechend zusammengefasst. Endlich habe ich das Gefühl, Zeit für Bücher zu finden, für die ich sonst keine Zeit habe.