Join a campaign to make poverty history and read articles on poverty and democracy.
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contact@endpoverty.co.uk
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Four Walls for Freedom Campaign
We are launching a new campaign to make poverty history. We need to lobby government and the media to implement a plan to build housing for the poor of the developing nations (the Third World). The idea is to use money gained from a tax on foreign exchange transactions to invest in building houses in the Third World. £250 Trillion of foreign exchange transactions are made every year(source The Guardian) and estimates are that a 0.5% tax would raise about £1.25 trillion per year. This could fund a massive program of house building in the Third World. Millions of new houses could be built to high standards as well as infrastructure every year. The poor of the developing world would be employed to build these houses thus stimulating their economies. This income would feedback through their economies over and over kick starting development.
Poor people in developing countries could be given houses free . Over time there would be increases in house prices in those countries and therefore people who were initially poor would become rich. The stimulus to their economies of £1.25 trillion per year would increase house prices.House prices already go up in developing countries. Brazil experienced rises in house prices, South Africa sees 15% rises every year and Pakistan has just had a major house price boom. The trouble with these asset price rises is that the poor do not benefit.
The poor in developing countries would demand goods from rich nations which would give more jobs for people like you and me in a rich nation. The poor nations would also have more money to invest in new kinds of production, education and healthcare making the need for aid irrelevant. The source of most economic growth in the last two centuries has come from asset price inflation and we feel that the reason why poor countries are poor is because they do not have assets. Billions of poor people would have a nice home to live in and be well off.
To join our campaign, write a letter to a newspaper, MP, aid agency, The World Bank, Gordon Brown. Anyone. Tell your friends and perhaps get people to sign a petition that you send to all of the above people.
Set up a website, blog or whatever. Get the word out and make poverty history.
A Vision for a New Kind of Democracy, the House of Everyone
Building houses to fight inflation
External sites (we are not responsible for the content of these sites):
MDP- Muslims for Dawah Through Peace
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