Jeffrey D. Sachs's 'The End Of Poverty'

In Chapter 2 of “The end of Poverty” Jeffrey D. Sachs, discusses economic growth and economic inequality in the world. He starts by presenting a graph of the GDP per capita by region in years 1820 and 1998, The first bar shows that everyone everywhere was relatively poor persuading the reader to believe that every nation had a fair start. He continues by affirming that every region had some sort of economic progress but not as rapidly as two of the world’s richest nations: Britain and North America. Although I agree with Sachs when he states that “Every region of the world experienced some economic growth… But some regions experienced much more growth than others” (page 31), his claims that is thanks to technological advances alone are debatable. If history has taught us anything, it is that the looting of many of the poor countries by rich nations and the damage done by colonization is a major contributing factor of poverty. Although Sachs does briefly acknowledge …show more content…
It seem though Sachs suggest that with a good plan and a good administration every single country can achieve economic prosperity, he states that “The key point for these countries is that there are practical solution to almost all of their problems” (page 50), although I admire his optimistically approach, it has been documented that many multinational corporation choose to operate in many underdeveloped countries, they roam the world to find the cheapest and most vulnerable workers to manufacture their products, they go as far as to hire children, who are often ruthlessly exploited, denied their civil liberties, and the right to work in safe environment. It is not secret that many of the United States most successful companies such as Apple ©, Nike and Wal-Mart have chose to operate abroad to cut production costs without any