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An Agenda for Discussion.

I NEEDED:

A PARADIGM SHIFT from poverty alleviation to poverty eradication

II THE PROBLEM:

THE GAP between rich and poor

• The rich prosper in the formal economy (first economy)
• The poor survive in the informal economy (second economy)
• The gap widens

III THE RESPONSE:

THE TASK: to bridge this gap

HOW to build such a bridge from the informal to formal economy?

• Foundations at both ends
• Capitalising on the strength of both sides
• Common rules: capital

TWO ASPECTS:

• Capital at the informal side
• Partners at the formal side

THE POOR MAN'S CAPITAL

• Co-operative savings
• Sweat capital
• Pooled property as collateral

WILLING AND DEPENDABLE PARTNERS

THE NEED FOR A CATALYST

IV QUESTIONS:

1. Do we - in general - buy this reasoning?
2. To what extent is this concept (a) relevant, and (b) practicable in our context?
3. What do we do next?

To make the full document more accessable the full index of Poor Man's Capital is repeated below:

CONTENTS: [Revised January 2006]

1. For the Executive: a brief Paraphrase
   
2. THE POOR MAN’S CAPITAL - The Bridging of the Gap - A Proposal -
   
3. Second Economy: Proposal for the Generation of CAPITAL for Community Based Co-operative Projects
   
4. An Agenda for Discussion