“Poverty and its related social phenomena are the major challenges humankind faces here at the beginning of the 21st century,” Nelson Mandela said when he spoke at Johns Hopkins ten years ago, as part of the annual Milton S. Eisenhower Symposium. His subject? Capitalism, and its effect on poverty worldwide.
“The gap between the rich and the poor is widening rather than closing. We are producing enough to feed, clothe, shelter, educate and provide health care for all the people of the world. Yet, the poor are becoming poorer and more socially deprived,” Mandela said. “Those are the issues facing capitalism, not only in the United States, but throughout the world.”