To end extreme poverty, give cash — not advice | Rory Stewart

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4.1 • 11.9K Ratings

🗓️ 11 September 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are traditional philanthropy efforts actually taking money from the poor? Former UK Member of Parliament Rory Stewart breaks down why many global development projects waste money on programs that don't work. He advocates for a radical reversal rooted in evidence: giving unconditional cash transfers directly to those in need, a method that could unlock the secret of addressing extreme poverty worldwide.

Transcript

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0:00.0	Ted Audio Collective.
0:02.0	Audio Collective.
0:04.0	You're listening to Ted Talks daily,
0:11.0	where we bring you new ideas to spark your curiosity every day.
0:14.7	I'm your host, Elise Hugh. Rory Stewart is a former member of the UK Parliament and gave an
0:19.9	audience favorite TED Talk on International Aid Money at TED 2024.
0:25.8	So we're going to let one of the Tedsters set it up.
0:28.3	Rory Surritt is going to give you a completely 360 view on how to do aid.
0:34.4	If you ever thought that government money was ineffective or inefficient or even charitable
0:39.4	aid giving was ineffective and inefficient, he's going to just blow your mind and give you a completely
0:44.4	different way of looking at it.
0:45.8	Get ready to have your mind blown.
0:47.6	That's all coming up after the break.
0:51.4	And now our TED Talk of the day.
0:54.0	I'm here today to talk to you about the most extreme horror and scandal in our age,
1:02.0	which is the horror of extreme poverty,
1:05.7	the fact that there are hundreds of millions of people
1:08.0	around the world today who cannot clothe themselves,
1:11.5	who cannot shelter themselves,
1:13.3	who are struggling to eat once every two days.
1:18.1	But I'm also here with a message of hope.
1:22.0	To say that this is a moment where we have the ideas,
	...

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