Quote:
|
Originally Posted by Mike AI
Corrupt governments, the lack of codified laws, and the absence of property rights, and free markets doom 3rd world countries to failure - no matter how many billions Gates/Buffet/UN/US or anyone else throws at the problem.
|
I agree with you to an extent. Many 3rd world countries have the APPEARANCE of codified laws and property rights but they are SELECTIVELY ENFORCED. Also, "capitalism" is often practiced through MONOPOLIES. Hardly free enterprise. A handful of families owning most of the corporations. Serious legal and statutory roadblocks to foreigners coming in and competing with them. And this gets passed off as "NATIONALISM". What a crock of shit. We (third world) definitely could use FREEER Markets. Just my
