Aid payments are dwarfed by what’s lost to spurious debts, profit extraction, and dodgy invoicing, but help to feed a narrative of the industriousness and benevolence of developed countries.

“What this means is that the usual development narrative has it backwards. Aid is effectively flowing in reverse. Rich countries aren’t developing poor countries; poor countries are developing rich ones.”

In other words, for every $1 of aid that developing countries receive, they lose $24 in net outflows

www.theguardian.com/global-development-professionals-network/2017/jan/14/aid-in-reverse-how-poor-countries-develop-rich-countries

Quoted Flying Blind (Logic Magazine)

Techno-utopianism isn’t the answer, in other words. Neither is techno-dystopianism. The internet once embodied our hopes for a harmonious future. Now it offers a convenient punching bag for our despair about the present. But technology doesn’t automatically generate justice or injustice. The outcomes it generates depend on who owns the machines, and how they’re engineered.

Utopia may never arrive. But technology can make the world more just—if we find the right ways to organize and operate it.

Right on.
Quoted An economy that works (CUSP)

Prosperity itself transcends material concerns. It isn’t just about earning more and having more. It has vital social and psychological dimensions. To do well is in part about our ability to give and receive love, to enjoy the respect of our peers, to contribute useful work, to feel secure, to have a sense of belonging and trust in our community. Prosperity consists in our ability to participate meaningfully in the life of society. All the things, in short, that had gone missing for ordinary people over recent decades.