Monday, January 15, 2018

Giving Cash

'Tacit Knowledge' is the stuff that we know that we don't know how to explain. Explaining is hard. Knowing how to do something can be learnt through trial and error. One day it is frustrating and hard, and the next day it is really easy. How? Don't know. Let me show you. I believe there are two types of poverty. One is hard to solve. Hard Poverty may involve broken family structures, mental health issues, and entrenched structural prejudice that is really challenging to solve. Easy Poverty is just a lack of cash. People come at 'solving poverty' with all sorts of clever (expensive) methods. I don't think you can understand the solutions to poverty if you aren't in poverty. As Rutger Bregman says, 'Poverty isn't a lack of character, it is a lack of cash'. Instead of solving poverty with the knowledge of the wealthy, cash releases the already existing tacit knowledge of those trapped outside the economy.

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