Buying Local Doesn't Hurt the Developing World
Wed 25 Jun 2008 6:06pm
11/23/06 - By Frances Moore Lappe. "Shedding corporate-media filters, we see that the poor are not languishing in their sad villages and grimy shantytowns just waiting to be saved by corporate giants from abroad. Many poor people are themselves creating the real job growth in much of the Global South. They are the small shopkeepers, street vendors, and home-based workers whose jobs make up what's called the 'informal economy' not counted by authorities.
In Latin America, 85 percent of new jobs created during the 1990s were in this sector, not the corporate one. Informal jobs account for more than half of all jobs in Latin America and the Caribbean, and as much as 80 percent in parts of Asia and in Africa."
