Microfinance advocate Mark Russell has begun a blog called "The Entrepreneurial Life" at conversantlife.com. Here's a typically pointed and unsettling observation from his travels (which at last report had him in a jail on the Republic of Congo–DRC border . . . Mark lives an interesting life!).

re: asia, development, microfinance, poverty

Andy:

There is no end to the desire for wealth. Recently, I asked an entrepreneur, whose net worth is in the nine figures, if he thought greed or pride was a greater problem. He said greed has no end and that he knows people who are unhappy with their private Gulfstream jet because they have friends whose jets are slightly better. . . .

I once visited a microfinance loan group in Manila. These people were poor. We were in a one-room house. It was raining and water was pouring down the wall and flowing across the floor. At the end of the meeting, they took up an offering for “the poor in their community.” The total was $2.80. They made a vat of porridge, took it to the center of the slum and within minutes children were emerging to eat. Several were obviously malnourished.

We are in a global economic crisis because of this: The rich see the very rich and want to live like them. The poor see the very poor and want to help them.