How to Create a Rich Country -- 1 2 3 easy steps
A 'friend' of mine lives in a fucked up ass backwards economically retarded country run by complete idiots. However, this country is full of SMART, Hardworking, Intelligent, family-centered, honest people.
Unfortunately, not all can emigrate so many have to stay behind and put up with the shitty existence that a fucked up economy brings.
My 'friend' asked me for my advice. So here's my advice (sharing it with the GFY community)
What the country needs is a LIBERTARIAN ECONOMY and GOVERNMENTAL POLICY
1) Limit government to 3 basic tasks:
Protecting its citizens -- through competent and well paid police force and military
Protect its citizens from each other -- through a competent / noncorrupt court system. Crack down on cabals/trusts/monopolies(that are artificial not market created)
Protect its citizens from the government -- regular audits / anticorruption stings/mandatory death sentence/long prison terms. Set minimal standards for privatized infrastructure.
2) PRIVATIZE everything
You want to use a road. Pay a fee. Too much traffic on one road. Use another company's road.
3) NO miminum wages
This will maximize jobs and minimize inflation.
4) NO unions
Unions are spawns of the devil and a fucked up way to reward the lazy man for pumping out babies and being a fucking a parasite.
5) LET THE MARKET DECIDE
Laissez Faire. No government intervention. No subsidies. No handouts. NO TAXES. No barriers to foreign investment and capital.
Adam Smith: No countries are alike. Some countries excel in certain things. Other countries in other ventures. All countries should focus on what they excel in and trade for their wants.
THIS IS THE WAY TO SUCCESS.
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