Saturday, November 13, 2010

Fighting terrorism/extremism with Captialism and Markets---Why is this woman not the recipient of a Nobel Prize? Or any prize for that matter...

The world needs more capitalism and market activity, not less. According to this brave women, it is the best way to fight extremism and oppression.  I find it amazing that people like this change the world for the better and get so little recognition.  Just when I feel like I am something significant, I think of REAL life changers like this woman and feel small.  I wish I had this kind of courage...

NYTIMES: Here’s a Woman Fighting Terrorism. With Microloans.

""Roshaneh Zafar is an American- educated banker who fights extremism with microfinance. She has dedicated her life to empowering some of Pakistan’s most impoverished women and giving them the tools to run businesses of their own. The United States should learn from warriors like her.

Bullets and drones may kill terrorists, but Roshaneh creates jobs and educational opportunities for hundreds of thousands of people — draining the swamps that breed terrorists.

Charity is limited, but capitalism isn’t,” Roshaneh said. “If you want to change the world, you need market-based solutions.” That’s the point of microfinance — typically, lending very poor people small amounts of money so that they can buy a rickshaw or raw materials and start a tiny business....""
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