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Missions 101

Commerce, Not Aid is the Key in Economic Development

Feb. 4, 2016By: Darren CarlsonAuthor Bio

Have you ever thought of giving clothes away as harming someone? 

Elise Amyz writes:

Many young Christians look up to social entrepreneurs like U2’s front man Bono, co-founder of ONE, and Blake Mycoskie, founder of TOMS Shoes, for their companies’ philanthropic missions. However, academics and economists have criticized both men for dumping aid into impoverished communities, which ends up hurting the economy by undermining local business.

Screen_Shot_2016-02-04_at_1.59.10_PMLast year, Bono came to a “humbling” realization and publicly announced his conviction that commerce is the key in economic development, not aid. Now, Mycoskie is joining his side.

Another article traces how TOMS former policy of buy one/get one actually hurts the poor and how they have now began manfacturing shoes in Haiti and have put 100 Haitians on their payroll to do so.  

Darren Carlson is the Founder and President of Training Leaders International.  As President, Darren oversees the general direction of the ministry and serves as an advocate for pastors with little access to formal training and thoughtful cross-cultural theological engagement. You can connect with him on Facebook and Twitter

Tags:  economics
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