It is almost enough to make one's jaw drop to think that officials at the World Bank and the IMF would suggest that they have poverty alleviation in … - Linda McQuaig

[The] contention that today's rich person is simply the winner of a "race that is open for anyone to enter" takes no account of inheritance or how we are equipped as we enter that race. It doesn't acknowledge that some approach the starting line in streamlined Lycra suits and track shoes, with full knowledge of the rules, a determined attitude and belief in their own abilities, not to mention a close friendship with those setting the rules and choosing the winner. Others, hungry from not having had a meal that day, barely make it to the starting line, don't really understand the purpose of the race or its rules, lack self-confidence and are full of hostility, and are convinced that those officials at the side of the track are actually cops waiting to bust them.

Under the market system, there is demand for a product if a lot of people want it - but that demand counts for nothing if those people have no money. If they lack money, their demand essentially doesn't exist...This explains why the drug industry is not investing money to develop a cure for a disease known as sleeping sickness, which leaves its victims in a coma. The disease...killed 66,000 people last year and threatens to infect 60 million more - but the only people who are afflicted by it are poverty-stricken Africans with no clout in the marketplace. Interestingly, there is a drug called eflornithine that is effective in lifting victims out of their comas. But drug companies stopped producing eflornithine in 1995 because it was no longer profitable to continue. The drug was still desperately needed, but only by people without money. So, following modern market practices, these people were simply left in a coma.

All our confidence in our ability to act collectively is being undermined, with the subtext message Whatever it is, the private sector can do it better. Never mind that there's no evidence for this. Never mind, for instance, that the private US health-care system is 40 percent more expensive per capita than the Canadian public system, even though the Canadian system provides full coverage for all Canadians and the American system leaves some forty-three million without any coverage at all. This isn't because Canadians are smarter than Americans - it's because we have a public system and they don't.