Tuesday, August 22, 2006

Wal-Mart-The World's Greatest Poverty Fighter

Good article at TCS Daily about how Wal-Mart are the world's greatest poverty fighter, through its massive purchases of goods from China and other third world countries. Apart from this, it also provides great savings for U.S. consumers.

I made similar arguments last month for why free trade in general -and not foreign aid- is how poverty should be fought, not only because it is far more effective, but also because it is mutually beneficial, unlike foreign aid.


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