Capitalism OR Corruption?

I was watching Joe and Becky on CNBC the other day, where one of their guests from Notre Dame was talking about their investments in developing countries which they considered were the right place to be in for the best returns. So I was very surprised when he said that eight African countries were the best places for low inflation and high profit, beating some of the more obvious B.R.I.C. countries.  Surely this cannot be right AFRICA???

You have all seen the adverts, charities demanding your money to help the starving. You all remember Ethiopia, that country 50 years on is the largest recipient of food aid per head of population, a culture of dependency has been built up there. But some countries have thrown off the belief that it’s all the fault of a colonial past. Perhaps Gates and Buffet are not just giving money away?

Capitalism may be working, get rid of the corrupt politicians who keep their people in servitude and poverty and allow them to get some personal wealth that way they do not need charity, only countries run by despots require food to be supplied by the International Community.

Military intervention in Yugoslavia was acceptable then Iraq and Afghanistan, so why not Africa? Politicians are murdering their own people just because they come from a different tribe. It’s time the International Community stopped being racialist.

Advertisements

About michaeldouglasbosc

I am retired and live with my wife on a small olive finca in the middle of a forest in the mountains of Spain in Catalonya. I served 9years in the armed services, am an engineer and because of my love of navy sailing ships a naval historian of the 1700-1800's, plus the author of 10 books. When I retired I started writing adult books my first being A Soldiers Wind. Then came Stanley's story again adult books such was his life. Another book on life in the 1950's this very much an adult book. I have now returned to my love of the sea and my latest navy book 'A Plymouth Story' follows the life of Dr James Blackstock. But Clearing In The Forest is an historical fantasy set in the middle ages at the end of King Johns reign. All the books are published on Kindle and Create a Space in paperback. I have worked all my life and for relaxation I sailed a coastal yacht for many years, but deep inside me was a writer waiting to get out. So when I retired I started writing I find story telling both relaxing and - for me - a pleasure.
This entry was posted in American Politics, observations, Politics and tagged , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s