“The Paradox of Plenty”

Why are people so poor in resource “rich” companies?

A talk by Terry Lynn Karl

There’s never been more wealth – and never more economically desperate and disenfranchised people.

What’s going on?

The countries that seem to be hit the hardest are countries with massive mineral and oil wealth.

It’s a paradox. They have all the money in the world and it turns out to be more of a curse than a blessing.

This is a bit of an academic talk – therefore a little dry – but the ideas are worth our attention and thought.

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