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Submitted by Anonymous on
Helping the developing countries - or the low and middle income countries - is not a matter of redistributing wealth. There is not a limited quantity of wealth on the planet that we have to move around. The genius here is to help them, educate them, empower them to create their own wealth. The developed nations were not just lucky - they had a culture that drove wealth creation. Some of that is fading - but the developing nations need to invest in wealth creation - not redistribution. And their wealth creation will enrich all of us in the end.