Hello, I am new to this 'Next Billion' and 'Bottom of the Pyramid' concept.
I don't understand how taking away the poor's money is good for poverty alleviation.
There are just a very few basic things the poor need:
1. nutrition & health
2. education
3. energy
These three (and other such basics) are all typically services that only the state can deliver. Privatise these, and more poverty is the result.
It seems to me that the 'BOP' and 'Next Billion' idea is a bit passé, in that it simply wants to privatise the very basics that cannot be privatised. Is it just an exercise to be as evil as possible?




