Friday, October 31, 2014

What developing countries need, but the West can't give...

Economic liberty (JewishWorldReview):

Poverty is not a cause but a result of Africa's problems. What African countries need the West cannot provide. They need personal liberty. That means a political system in which there are guarantees of private property rights, free markets, honest government and the rule of law. Africa's poverty is, for the most part, self-inflicted. Some people might disagree because their college professors taught them that the legacy of colonialism explains Third World poverty. That's nonsense. Canada was a colony. So were Australia, New Zealand and Hong Kong. In fact, the richest country in the world, the United States, was once a colony. By contrast, Third World countries such as Ethiopia, Liberia, Nepal and Bhutan were never colonies, yet they are home to some of the world's poorest people.
Other than this tendency to lump all of Africa in as a group, I'd wholeheartedly agree.

No comments: