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- เผยแพร่เมื่อ 17 ก.ย. 2024
- Are traditional philanthropy efforts actually taking money from the poor? Former UK Member of Parliament Rory Stewart breaks down why many global development projects waste money on programs that don't work. He advocates for a radical reversal rooted in evidence: giving unconditional cash transfers directly to those in need, a method that could unlock the secret of addressing extreme poverty worldwide. (Recorded at TED2024 on April 19, 2024)
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• To End Extreme Poverty...
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⬆ Learn more about the direct cash program Rory visited in Rwanda at our channel. If you have questions, ask here and we'll do our best to reply.
I'm heading over now. What if I can only commit to $10 or $15 monthly?
How did Give Directly start or discover the approach to .. well .. give directly?
Any amount helps, imagine if everyone you knew was giving just that amount the difference it would make!
@@itsmeyourfriend adds up to make a big difference! In Rwanda, $40 can buy a new latrine and $150 gets a sewing machine to launch a tailoring business.
@@alistairdaynes We didn't discover or start direct cash transfers, but the advent of mobile money in Kenya in 2007 allowed us to start scaling up. A growing body of positive research evidence encourage us to fine tune and keep going.
12:30 "Cash respects people's choice. It doesn't just consult them or listen to them. It puts them in charge. It literally lets them make the choice. It respects their equality, and it respects their dignity." ❤
Sure if you have money. What about if you don't?
"We stole the money. We literally stole $38,000 out of $40,000" exactly
The great thing about money is that people can spend it on things they need instead of things that other people ('experts') think they need. Amazing talk.
@@rcbregman best gift anyone ever gets is cash inside the Birthday/Christmas card.
Oh my God... Are you really Rutger Bregman? I read your book man, I like your ideas!
Also, they will spend the money locally, which means the local economy and production is stimulated, instead of being drowned and ruined by goods being dumped from external surpluses.
The UN said that the UK Conservative Goverment (of which Rory Stewart was a part of) austerity programme claimed the lives of an additional 333,000 poor and vulnerable citizens. He routinely voted with the Government for further cuts to essential welfare lifelines. He is not the solution but the cause to wealth inequality. I know, as I have lived experience of poverty, unlike Privately educated Mr Stewart.
The first one can. The second one needs more money. The third one even more. Inflation, you know....
8:30 "She already knows how to fish. What she doesn't have is the money for the fishing hook." 👏
The most compelling pieces of data on Give Directly's cash payments include the percentage of people who owned cows and cars or bicycles before and after ONE TIME cash payments. People are using the money to increase their opportunities and income potential. They are experts in their own lives. Only they know the most meaningful use for their money.
“People don’t want to learn how to fish, they might want to open a bakery” 🔥
Or their people have known how to fish for generations but some poisoned where they fish or damned up the river where they fish.
@@serenarobak3640 💯💯💯
“WE STOLE THE MONEY” 👏🏻👏🏻
⚠️ Rory Stewart has more knowledge and experience in the field than most self-serving politicians.
He is PM we needed to help fix things, but unfortunately, many didn't see him in this light...
Our world 🌎 needs people like Rory to run things. He has always had my vote.
Kier could show his intent to lead for everyone by choosing people from cross party benches, people like Rory and Baroness Warsi to attend cabinet as special advisors or even Ministers.
Many people watching are so, so glad, so grateful you've addressed the lop-sided and vulgar mismanagement by agencies that actually don't help real people at all.
Very powerful data and storytelling. Direct cash works.
Incredible work, GiveDirectly!
Having spent most of my life working in the area of patronising, colonial aid, I wish I'd come to this realisation sooner. Thank you, Rory, for a magnificent talk.
I've been giving to Give Directly for about a year now thanks to a very informative video by Rational Animations. Thank you Rory for helping to continue to elucidate these findings for use in 2024.
It feels somewhat insane that suddenly the world is waking up to the fact that the best way to combat extreme poverty, is to give money directly to those suffering from poverty.
That’s probably because it is insane.
It's a blessing to get help when struggling. Especially the working class is the main ones suffering. We don't qualify for financial assistance. We just get another job and lose time with our loved ones unfortunately.
Excellent. Giving directly treats people with dignity. They know what they need to improve their lives and they don’t need others to prescribe solutions for them.
Extreme poverty persists because the structure of power tends to favor people at the top. Liberation will come by uniting to build an open source and decentralized global structure of power that is based on the principles of the Universal Declaration of Human Rights and the Earth Charter.
Just a friendly reminder that mobile money (peer-to-peer transfer) actually was invented in 2007 in Kenya.
🤝
This was an amazing lecture. Ty ❤
It’s happening right now in my own country Britain 🇬🇧
How?
@@robhughes2832 my country has deteriorated since 2019. Public services are a joke but it’s far from funny. Our streets look like a dustbin.
This is one of the (if not THE) best frakin antithesis I've ever heard! And the line "WE STOLE THE MONEY" is BRUTAL!!! I myself, was very poor. I am happy some business operators trusted me with their bananas and bread that I was able to sell, on consignment, when I was a kid.
You want to end poverty in 3rd world countries . Leave them alone. Let them live the way they want. Stop the colonialism, Apartheid Stop the forced brain drain
Wow, well said
spot on mate. 100% agree.
Hi Rory - an incredible speech . I chose to end consumption and address my abundance to help others in poverty I have spent years working out ways to make a difference and to give you an example I challenged my myself ' can i double every donation' The answer now is YES. Could i facilitate a billion people in the west to secure a dollar , for free, a day to feed a person in poverty - the answer is yes - It reads ridiculous so thats holding back reality in my gift
This is excellent.
The fish phrase has always been propaganda ( taught to me in school at a young age) -it leads the listener to assume that both the 'giver' and the 'receiver' have the same opportunity.
As for why the effective methods are a secret, I think this is best explained by the death of Martin Luther king Jr; He was not assassinated for helping African Americans to vote but rather for his involvement in the Poor People's Campaign -which made a point of being a multi cultural movement.
You see, $40,000 for a toilet IS the goal. Doing something WITHOUT doing anything IS the goal. If the world were to ever see that poverty is actually fixable....well, you can say goodbye to your yacht industry.
I've said this for years. It's the same in the UK for arts. If you just gave the artists cash, we'd have a revolution in society and art in a couple of years. Unemployment, healthcare, crime, all of it.
Great talk!
A phrase I use a lot lately is "These forms are to PREVENT you from getting government money. If the government wanted to give you money they would deposit it in your bank account. They already know everything about you. If you deserve the money for a legit need, they already know it. The forms and processes just exist to stop everyone from getting that money."
Same with taxes. The government already knows how much you owe. They COULD just send you a bill or deposit the money into your bank account. The forms are so that the tax preparation industry that lobbies the government can exist.
Very good Ted. We done, Rod
Amen.
Well said.
Thank you. 🙏🏽🙏🏽
I'm a big supporter of GiveDirectly
Very convincing!
Amen and thank you!
My eyes are opened. Please watch and share! If you really want to help "the poor", listen to this man
I am a Nigerian in his late 50s and have been in business environment assisting people in their various businesses for some decades.
I want to set up my own businesses on the fields that I have the knowledge but I don't have capital to move on.
This man changed my perspective to freebies and giving cash.
But yeah, It is a great idea but only a good Government can turn it into a good and effective one.
One of the best Talks❤
Using AI to pay out weather damage relief before the storm has occurred is brilliant. I can't wait for weather forecasts to be manipulated to elicit or prevent payouts.
Next time you DoorDash, think about the kids that can’t afford school lunches.
Comments section looks like I accidentally stepped into some sect..
The positive effects of free money only last until the money dries up.
Very worthwhile too watch
The pandemic money given by the government here in Philippines just go on liquor,online gambling and hair straightening 😅😂
Theft occurs because of antiquated Transparency ( real time observation) & Tracking (observation over time) Systems.
worth watching, thank you sir!
Fantastic !!!
Occasionally Rory makes sense
I don't know Rick!
there's no incentive to give cash.
Link above - lets all commit to a small monthly donation and make a big change 💜
Just curious, could someone explain how giving away all this money doesn't cause inflation in these countries? Like wouldn't the local businesses or whatever also up their prices if everyone suddenly got way more cash?
I would assume because it's given in dollars, rather than the local currency, that would mitigate it? Could be wrong though
Evidence shows GiveDirectly’s cash transfers have a positive impact on local economies in low-income countries and don’t create inflation.
In 2014, GiveDirectly partnered with researchers to study how large transfers affect local economies: 10,500 poor households across 653 randomized villages in rural Kenya received a one-time $1000. This amount of money was significant: about 15% of local GDP. After 2.5 years of monthly surveys of businesses and households, researchers found an average price inflation of just 0.1% adding, “even during periods with the largest transfers, estimated price effects are
TED wants the West to support the rest.
It would, in theory, under the assumption that supply stays the same. In truth, some of these funds are used to produce more. The increased production is deflationary. Additionally, money is not always the primary currency in a community that functions on barter, so having cash let's them trade with the city for things they can't get locally. That could cause an increase in imports. Prices would also increase but probably not at the rate of cash going in. It's a great question to ask because it absolutely has an impact at scale (which I doubt give directly is hitting yet) and when funds are widely used in non-productive manner. The hypothesis of give directly is that people will make more productive decisions individually than a state or ngo actor.
There are a lot of idle hands when there's extreme poverty, and adding cash invreases productio iirc. GiveDirectly had an article about this but I don't remember where it is
Wow! that's great !
So true.
Inspiring!
What about the risk of them buying drug that end their lives? Addictions are too strong sometimes. How do we handle that factor?
Fatal drug usage found in wealthy countries is far, far less common areas of extreme poverty. Also dozens of studies have found no increase in the use of alcohol or tobacco in communities that have received cash. In fact some studies find a decrease in alcoholism in the community. Lastly, direct cash can SAVE lives. It's been proven to significantly reduce child mortality in areas where normally 1 in 25 children don't live to their 5th birthday.
So. EU and US sanctions against Russian citizens are preventing me from helping out other nations. What do I do?
Im tired of being told i dont know how to budget. Well live in the US on less than 900 a month. We budget to the penny. And do better than those who have expendable income. Its emergencies that cause problems, no easy way to save, usurious rates allowed by the financial sector, no fall back programs. In my area , if you are short on $ to pay your electric bill, it is suggested ..
ask your friends to give you a boost. If you are even less than a $1 you get a $5 late charge. The entire system is setup to keep you down. Get a 2% yearly raise... SNAP cuts your food assistance. We have forgotten it takes a village to help our people. The myths of the working poor or disabled has grown exponentially (thank Reagan for that pearl). And asking for help is a favorite way to bully and shame our fellow travelers . How low we have sunk.
As much I agree with sentiment of giving money, it still doesn't change the root of structural problem and that your boss have much more (sometimes astronomically) than you as average worker.
I love what @givedirectly is doing and hope more people (especially some of these commenters 👀) actually watch the video and read more about the success of direct cash.
💎🏆 Great insightful & fruitful video 🏆💎
लोकः समस्ताः सुखिनो भवन्तु
( May all beings lead prosperous life across Globe 🌍 )
Yet you can't have rich if you don't have poor.
To consume more workforce than you invest someone else has to invest more workforce than he consumes.
So the motivation for the rich to end poverty is... limited...
If the government of the country you are giving cash out is fine, you can just give money to government. If their government is corrupt or autoritarian, they'll steal your money from those poor people.
GiveDirectly gives money direct to people, without going through governments. A safe option for you!
@@MacKnappSacks Not a safe option. As I said, the government can easily take those money from people.
@@user-dm6pi4fx5hah, didn't realize you meant they would literally steal money from the people themselves.
I think they would be logistically tough and probably not enough money to be worth it for a corrupt government. We're talking $22.5/month in some of these programs.
Also, by your argument you should never help people who have bad governments because the governments could just undo everything to you did, right? That's sad!
Where does the cash go to?
If tou do that how will all the bloated organisations pay the bloated salaries of their employees?
You can look at a direct cash organization's tax forms (e.g. 990s) to see how much went to recipients vs. overheads, and also see a list of their highest paid employees. Our financials are available on our website.
@@givedirectly I wasn’t talking about your organisation, apologies for the confusion, my comment was squarely targeting at the large multinational NGOs which collectively raise billions of dollars and ultimately waste most of it in admin costs and the same bloat that you mentioned in your videos.
Fantastic! We badly need someone in the US like Barack Obama, Hakeem Jeffries, or even someone like Charlie Baker or Lisa Murkowsi to follow this lead.
Oh yes! The British LOVE a good report, consultation, white paper or Panel!
The whole world loves it. That's the problem.
Isn't this like Universal Basic Income?
Except that it doesn't require politicians to advocate for it. All the politicians have to do is not actively hinder it.
Yes.
This doesn't apply to some of Africa's presidents though. It appears to me as though they might spend the money anyhow. They need advice and check ins as well.
It might have been helpful if he had learned about the efficiency of a free market, the disastrous inefficiency of government spending and the importance of individual choice BEFORE having a career in "Conservative" politics.
Better late than never I suppose but a fine example of why the New Labour version of the "Conservative" party is such a failure.
I dont see anything new here, this is giving cash to complete strangers. The NGO's take a cut obviously but provide food and medical supplies. I think Rory is oversimplifying the NGO process with one extreme example. Whats to stop these Africans becoming dependent on cash payments? Isnt it better they receive the actual goods than cash?
Inflation?
Evidence shows GiveDirectly’s cash transfers have a positive impact on local economies in low-income countries and don’t create inflation.
In 2014, GiveDirectly partnered with researchers to study how large transfers affect local economies: 10,500 poor households across 653 randomized villages in rural Kenya received a one-time $1000. This amount of money was significant: about 15% of local GDP. After 2.5 years of monthly surveys of businesses and households, researchers found an average price inflation of just 0.1% adding, “even during periods with the largest transfers, estimated price effects are
i need money and i need job
You know what is even better then money? Food and shelter. Neither of which money can provide. Money is a means to an end. How about we skip the money part and get right to actually helping people.
Money is just there as a barrier preventing people getting what they need.
You are missing the point , people can buy food and shelter
i have a only one problem i am urdu speaking and i cant understand that conference
Why not ask AI to generate income to pay for these needy instead of asking the wealthy or the people or the government? Can’t AI generate income streams and distribute it effectively and efficiently without humans in the loop using its access to the data, opportunities and knowledge to create wealth?
so how hard i gotta work to get your attention? still can't afford to reach out to me?
👏👏👏👏
AI destroing jobs, so what will we do?😮
Is this the lobby for liquor and tabacco?
whoooo 🔃🔄👍👍
My first person😂
to get kick
Comment 🎉
... Combat Flip Flops proved the exact opposite and actually made life altering positive benefits in a war torn nation... Investment in community and posterity is not the same as "cash". TED really loses me at the Title sometimes...
👏👏👏
So did we really need a whole ted-talk for this?
❤❤
I beg to differ… To get rid of poverty (a lack of finances), Take all value away from money. Get rid of it altogether.
There. Now everyone is on a level playing field. Where do we wanna go from here?
❤
Yes, giving them money, action is the foundational key to all success.😊
No Advice, No Cash... Only! Education is the weapon to get out off Extreme Poverty... 💯
No.
Basic education -> reading, writing, some math biology physics = 4 Years of education
Higher education -> a foreign language again reading, writing, more biology, physics chemistry math history politics sports art usw. = depends on the country but ~ 6-8 Years on top
University -> becoming a master in a specific field ~ 3-5 Years
If you only supplying people free education they are dead in 1 months -> not even finishing basic education.
And where does this cash come from? Oh wait, let me go to the money tree in the back yard. BRB.
International development is spending twice as much money on programs than it would need to end poverty.
billionaires, millionaires and wealthy corporate shareholders first, when they have done their part, average citizens can then contribute what more is needed...
They give more than the average citizen.
@@Jackmerius_Tacktheritrix5733 right, because the Panama papers didn't reveal thousands of rich celebrities keeping their wealth in off-shore tax havens...
@@gawkthimm6030 Taxation is theft. Good for them
GIVE JOB
NOT WELFARE
NO
ENSURE BASIC NEEDS ARE MET
NON-BULLSHIT JOBS WILL BE CREATED
LOCAL ECONOMIES WILL BE SUPPORTED
PREDATORY MALPRACTICING EMPLOYERS WILL NOT BE SUBSIDISED BY THE STATE
Welfare addresses continuing needs. This video is proposing single incidences of capital stimulus to develop local economies. Big difference.
@@EnglishPersonAnon but also welfare is stimulus.
Welfare only stops people working if people working stops them from getting it. If having your essential needs met were enough to stop you from working, then why do people with a basic income for a basic job aspire to increasing their income by doing other things?
Why wouldn't a CEO just stop working after a few years as they're set for life for the living standards of most normal people?
& what about those of us that CAN'T work? Should we be euthanized for the sake of capitalism?
He just debunked this. Give money directly, not jobs or welfare
Extreme poverty has not ended because it isn’t profitable. People aren’t incentivized, that’s the sad reality.
What is or isn't "profitable" is only limited by the human imagination. You have a horrible take.
Follow the money. Determine who controls the resources. That's where the upper level problems are.
Now look at the culture and people. See how they survive, and determine if they have the potential to thrive (and provide return on investment).
What a vile world. On the same day as this video is posted a billionaire is floating around in space so he can be one up on all the other people with more money than they know what to do with.
Sickening
We need co-ops and unions to be normalized across the🌎and democratize the means of production. In addition to perhaps a UBI🇵🇸🕊️Ⓐ☭🏳️🌈🏳️⚧️💫
you can't afford to hear me.
"If you're looking for unique content that inspires and entertains, hit the subscribe button now and turn on notifications to be the first to watch our new and exciting videos!"❤❤🎉
❤❤🎉🎉
*_1_* Capitalism and communism work for a few.
*_2_* The US has 813 billionaires and about 22 million millionaires in 2024.
*_3_* The US has the highest overall poverty rate among 26 developed nations.
*_4_* The world needs Nordic-style social democracies; they are prosperous welfare states with developed high-income mixed economies.
*_5 Without love and sense of humor there is unhappiness and life is meaningless._*
💕☮🌎🌌
So, profiting off of others' efforts/resources is how to get rich and control others? (jots in notebook)