TED Community » Dallys-Tom Medali

More About Me

I'm passionate about

Humanity, Arts & Science

People don't know that I'm good at

Creative writing, Painting, Cooking

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  A comment on Conversation: Is capitalism sustainable?

  Feb 27 2013: There is room in the world for a healthy capitalism. We can learn from Scandinavian countries things that could help the United States and the world at large. Because although the US is still the richest country in the world, we know and see that a lot of Americans wouldn't feel like being part of the richest and poverty has been rising domestically. Some practical (common sense) ideas that could contribute to the kind of world both you and Bono are thinking about are:
  
  - Healthy spending on accessible and equal quality education for people in all communities (esp. early in life)
  
  - Regs making it harder for businesses to influence public policies or add provisions tailored only for them (Tax loopholes for instance in the US enable corporations to pay very low (or null at times) actual tax although on the face the US has a high corp tax rate. Significant tax $ is lost due to local & foreign tax havens.)
  
  - Current & future taxpayers money is wasted indirectly for subsidies for the financial industry: gov payments and guarantees in the housing markets that didn't and won't profit homeowners.
  
  - It is too easy for corp to shed jobs in the US, and not for serious efficiency or strategy reasons but simply to hit quarterly earnings numbers expected by analysts. (there are articles in the news every week especially with big banks cutting jobs)
  
  - Regs that curb sourcing practices of firms in developing countries (fairly priced and un-bloody resources: No need to talk about Congo a well known example. I will talk about Niger which supplies for "pennies" most of the Uranium for France via the Firm Areva (nuclear is the main source of energy in France), etc.
  
  - Less subventions to western farmers (esp. USA for Cotton & Corn). This "kills" the farmers from poor countries who rely on Agriculture but have to sell their harvest at loss.
  
  - More tech & high speed internet in Africa to empower the youth
  
  - Return the $ hidden in Swiss banks by former African dictators
  
  - etc...
• +2

  A comment on Talk: Sheryl WuDunn: Our century's greatest injustice

  Nov 3 2012: Great point Sheryl, interesting stories, but you have to check your facts and avoid useless exaggeration. [7:50] Stating that about 80,000 people were moved from Africa to the Americas at the height of ancient slavery is the most inaccurately gross thing I heard in a long time. The most conservative number for people who actually made it to the Americas is 12 millions. This excludes those who never left the coasts and those who died on the sea. / There are more women than men on the planet: this is a FACT. In developed and developing nations equally, and in most of the countries of the world taken individually regardless of income levels. No need to play around this empirically verified fact to make a case for the Gender cause. / The new young nurse has already saved thousands of lives. Really??? Embellishment raises money, but intellectual honesty matters too, especially in the TED community. Great speech though!