Russell Media - Mark

A Bad Economy is a Human Rights Violation

Friday, December 04, 2009

When one thinks of human rights, rarely does one associate that with the economy. Yet, when you look closely many human rights are violated as an indirect result of economic conditions. When people are poor or financially pressured they become more open to corruption, abusing others for financial gain, etc…This has been recognized by others from time to time.

However, what is rarely acknowledged is the direct result of a poor economy. There is an old saying "When the U.S. sneezes, the world catches a cold"? Recently a friend of mine, a community development consultant, met with a head of the Central Bank of Congo. This is what the bank head said:

4 million Congolese have died during more than a decade of war. Goma was buried in lava from a volcanic eruption. Many of our poorest lost their money – more than $10 million total - to pyramid schemes. We were engulfed by a million Rwandan genocide refugees.... We've buried hundreds of thousands of AIDS victims... but NOTHING HAS DONE MORE DAMAGE THAN THE PAST YEAR"S DRYING UP OF EXPORT MARKETS FOR OUR MINERALS -due to the international financial crisis. That's been the fatal blow."

In the past year I have traveled to several African and Asian countries visiting entrepreneurs at the bottom of the pyramid. Even though I have experienced first hand the drying up of the global, financial markets and seen the effect it has had on these people, I am still a bit stunned by the bluntness of the above quote. Nevertheless, I’m not sure I can dispute it.

When it comes to the current economic crisis, it is, first, worth recognizing that it is far worse for residents in poorer countries. Second, we should realize that a good functioning economy contributes to the common good. That’s not to say that a good economy does all it can for the common good. But a good economy can do more for the common good and the poorest of the poor than a bad economy can. This is why I think it is a part of our spiritual mission to re-build a strong, flourishing and just global economy.


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