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Rich, poor, and phenomenology

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Question 1: Critical Theorists / socialist ideas

The video title called (Why some countries are poor and why some countries are rich). Can you please comment on this short video on your own word? (Half page single space).

https://youtu.be/9-4V3HR696k

Question 2:

When there is less disparity, the rich may be earning less, but there is greater poverty, more people living in poverty. I love the way Maggie Thatcher explained it once in her inimitable style:
Can you please comment on this short video on your own word? (Half page single space).

https://www.youtube.com/embed/pdR7WW3XR9c?rel=0%22%20width=%22420%22

Question 3: Critical Theorists / Edmund Husserl

Edmund Husserl was the principal founder of phenomenology.

Can you please comment about is phenomenology concept? (Half page single space).

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Solution Summary

A review and comment on two videos about wealth, national and social, and the concept of phenomenology based on the supplied questions.

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Question 1: Critical Theorists / socialist ideas

The video title called (Why some countries are poor and why some countries are rich). Can you please comment on this short video on your own word? (Half page single space).

I would tend to agree that the culture, geography, and institutions play key roles in the poverty of nations. Those countries without important or viable resources are less likely to have trade potential. Additionally, the ability to move the resources less expensively than other countries will mean companies and organizations will choose to gather less of the resource if they can transport it for use more efficiently. I would also agree that the type of weather and the resultant conditions do play a part, but with better technology available and more education and training, those should be much less a problem.

I would say that institutional problems like those discussed are the most important. Institutions and those that favor corruption or single entity government control are far more likely to be poor and remain poor because the people do not share in the control or profit of the resources or value of the country. This leads to more discontent and less incentive to work hard and be productive. Such lack also leads to less income and therefore more poverty. When governments do not create jobs that are fair with fair wages, or when they do not create the infrastructures that improve the lives and ability to do business. Organizations ...

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