Time Essay: The Case for a Global Marshall Plan

More than a third of the people in the world suffer from serious malnutrition. In 36 countries, income averages less than $265 per person per year; in another 34, less than $520.

These figures from the World Bank point up the desperate poverty in many of the 100 nations that are euphemistically classified as less developed countries (LDCs). People in the industrialized countries with pressing economic problems of their own might well say, "So what?" Poverty has long been a fact of life, and Americans especially feel that they have done more...

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