Why are so few people interested in redeeming the poor? One reason: the poor are just too many. Out of six billion people worldwide, five billion are poor if First World standards (such as access to good College education) are used as bases. Among the 3rd World unfortunates are around a billion bottom poor who earn just a dollar or less a day. One can only imagine what terrible miseries such families have to endure on daily basis.
To redeem this huge mass, we cannot rely solely upon anti-poverty organizations that are too few in number and too limited in resources. History shows that we cannot also rely on governments, especially those of 3rd World countries. Out of a hundred or so Third World countries in early 1900s, only five made it to the First World, and it took them over 20 to 30 years to do it.
How do we fast track the redemption process? Again let’s make the Philippines our anti-poverty laboratory. On First World standards, 80% of Filipinos (68 million individuals) are poor, and 56 million of them are Elementary level. Fortunately the country also has 30 million employees and managers, some ten million of them being College level employees, professionals, and micro-entrepreneurs. Another ten million or so are employed in 1st World companies, and they remit some $15 billion yearly to relatives back home.
Wealth generally comes from business. Since employee masses are business skills, they are the most qualified to wage an anti-poverty war. Employees worldwide may number several billion, a good match for saving five billion poor, especially since most 3rd World employees are themselves poor. Additionally, employee masses as new corporate entrepreneurs will ‘force’ corporate profits to flow among the masses. Wealth will not bottle up all the more among the elite few as what traditionally happens. Finally, thousands of new companies set up by employee masses each year will create millions of jobs for bottom families earning $2 or less a day.
As vanguard, how may the Filipino salvation army of employees attain the dream? Here’s one vision: Thirty million Filipino employees motivated by high-profit business schemes form themselves into thousand member ‘investment unions.’ Mass voting potential pressures the state to lend P200 billion each year to the unions. The loans capitalize world-scale local-foreign joint venture companies. Joint ventures quadruple local capital thru foreign investment and machinery loans. In effect, the state’s P200 billion in ‘mass entrepreneurship’ loans create thousands of world-class companies all worth P800 billion each year!
Perpetual recycling of mass entrepreneurship loans raises the state’s yearly tax take. Risen tax collections repay old state debts. Enhanced state credit worthiness brings in new billion-dollar loans from world funding institutions. Most of the loans get channeled to our Philippine salvation army’s mass entrepreneurship program as described.
What high-profit business schemes can draw large employee groups and their foreign joint venture partners into the battles? Here are examples:
(1) Sweet sorghum plantations and ethanol distilleries. Ethanol distilleries make a profit at an incredible 80% of sales. A 40,000-liters/day distillery costs $10 million, which means just $2.5 million in entrepreneurship loans to investment union members. Foreign partners and banks or machinery lenders supply the rest. Sweet sorghum may be grown even by small employee groups' farms that raise a mix of corn, upland rice, leguminous trees and shrubs, range chicken, pigs, ducks, goats and some cattle. Plant harvests as home-grown livestock feed can yield six-figure incomes for the employee group.
(2) Thousand-hectare marine aquacultures. Live fishes, shrimps, prawns, and crabs are priced 3-6 times in weatlhy World Pacific Rim countries. Artificial reefs expand harvests while conserving marine animal populations at perpetual-breeding levels.
(3) Thousand-hectare managed forests with mini-hydropower chains and eco-resorts, Southeast Asia. The project earns from forest products, fruits, cattle feedlots that use leguminous forest trees as fodder, and sale of electricity to local grids.
(4) Tour boat fleets and motor home touring caravans, SEA. Joint ventures between Philippine investment unions, US yachting groups and motor home manufacturers may end up expanding all over the tropics over the long term.
(5) Asian snack food booth chains, Western cities. Innumerable types of tasty snacks and fruit juice mixes recycled for perpetuity ensures that Western palates never tire of snack food offers.
(6) Thousands of other world class joint ventures dreamt up by 30,000 ‘investment unions’ on perpetual basis.
The logical consequences? Millions of high-paying jobs get created each year, on perpetual basis. The teeming elementary-level poor find jobs and afford innovation-oriented education. Innovation-focused education is the ticket to job promotion, high incomes, entrepreneurial loans, royalty income out of inventions, stock dividends, and rises in the value of stock shares held by the employee. Gradually, the Filipino masses follow the example of US employee masses who now own over half of US companies thru stock shares and corporate bonds.
How may First World anti-poverty warriors participate in the fray? Their manufacturing and service corporations may set up joint ventures with Philippine investment unions. Their investment companies may buy Philippine joint venture stocks and bonds. Their governments may buy billion-dollar bonds sold by the Philippine government, to be lent out to Filipino employees setting up world-class joint ventures thru investment unions. Mutual help for mutual profit thereby becomes a world culture that raises all 68 million Filipino poor to the middle classes. Next target: the rest of the Third World, one country at a time.
(Please click dates 12/14/08-12/21/08 below for next related topics)
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