Posts tagged with: Jerry Bower

Blog author: sstanley
posted by on Tuesday, February 11, 2014

Forbes contributor Jerry Bowyer recently interviewed Fr. Robert Sirico about PovertyCure and charity. Bower has split his interview into several parts and you can read the previous post here. In this section, their discussion focuses on “Bad Almsgiving:”

Jerry: “Charity can be selfish, can’t it?”

Fr. Sirico: “Yeah, it can be very self-indulgent.”

Jerry: “Let’s say ‘philanthropy’. I mean, genuine charity is a Christian virtue, but the philanthropy industry can be selfishly structured and selfishly supported.”

Fr. Sirico: “Well, what we look at in PovertyCure in one of the episodes is all of the different elements (especially in international grants and aid) — the NGOs that are involved in the process; we even look at the celebrities and how this comes up every few years where people are saying, “Help us, let’s do this food for Africa,” or the U.N.’s effort to tax all the nations 1% of their GDP, the Millennium Goals project. All of these different things that come up every few years that are part of this whole poverty industry, and how dangerous that is because it distorts all of the incentives and removes the centerpiece of the ladder for the poor to actually climb up out of poverty, because it removes the profit incentive for people to come and invest and train people in a workforce that’s ultimately productive.”

Jerry: “There’s a quote also in that section of PovertyCure, from Sir Bob Geldof: “We need to do something, even if it doesn’t work or help.”” (more…)

HOPE_logo_vert_color-251x300In an interview with Forbes‘ Jerry Bower, Peter Greer, president and CEO of the the Hope International, explains why church foreign aid programs often hurts those its meant to help:

Greer: There’s an entrepreneur named Jeff Rutt, and after the fall of the Soviet Union he had a desire to go over with his church and help. So, initially they did what people so often do, which is see that people don’t have food and then send over food, and see that people don’t have adequate clothes for the harsh Ukrainian winter and then go in their closets and send things over. And all of that is good, all of that is appropriate, all of that is needed in response to a crisis. But as Jeff did that, after a couple of years it was the team in Ukraine that eventually said—“

Bower: “Your help is hurting.”

(more…)