U2's Bono has learned and has it right. Free enterprise and free-market
capitalism has taken (and will continue to take) more people out of poverty, by
far, than any other system or experiment. No communist country has ever been
able to even feed itself, and socialism guarantees the equal distribution of
misery and poverty. The secret to lifestyle is productivity, and the secret to
productivity is opportunity and incentive.
India's government gets to decide who will be successful and who will be
poor in their country. How many rich people in that nation do you think are
willing to trade places with someone in poverty? My guess would be close to
zero.Government is not efficient or effective or fair in
"redistribution of wealth" or picking winners and losers. The best
system that we know of is capitalism. But, government gets in the way and is
bought off by those with money. They regulate us peasants, while giving
themselves loopholes.Hate to burst the liberal bubble, but, even
barack huessein Obama is very guilty of accepting payoffs to give his rich
friends a less costly ride. Yes even barack plays the game, no matter how much
you tells you otherwise.Again, if we just freed up the access to
loans, cheaper education in business, finance....if we had lower taxes then
people will have a huge incentive to create their own business, generate their
own wealth, purchase items, sell items. Governments role will be to make sure
everyone is honest (audits of taxes), ensure there isn't discrimination
etc. Not telling us who will be successful basedon campaigncontributions.
samhillSalt Lake City, UT6:21 p.m. Dec. 26, 2013====== For some strange reason, seeing the nets placed
around the FoxCom building in China to catch suicide attempts doesn't
support your arguement about the joys of Capitalism...
It doesn't help that in many areas like Bangladesh, in Africa, even in
China despite 'official reports' that the choices allowed don't
include any ways out of poverty. Try to start your own business. Then watch
goons from either the local government or a large established business (maybe an
exporter) come and tear it all down and stomp on your leg for good measure.
It ain't by always rising taxes, devaluing the dollar, rising the cost to
live and never giving them a raise.
"China has seen greater stability than it has in the last several years, Al
Jazeera reports, as the percentage of people living in extreme poverty has
dropped from 26 percent to 6 percent since 2007."-------------People who refer to a need for, "...a world-wide
re-distribution of the wealth God has given us." should remember that the
incredible decrease in the extreme poverty that was the lot of the vast majority
of Chinese just a generation ago has been possible only because they abandoned
the socialist/Communistic system of centralized "re-distribution of the
wealth" in favor of the **only** system that has been consistently proved
capable of actually improving the lives of billions of people. That is, of
course, capitalism and, in the case of the formerly strictly Communistic China
and Russia, a measure of free enterprise.All the idealistic talk of
economic equity so common among socialists always seems to ignore the dismal
record of its most extreme form.
"We need a world-wide re-distribution of the wealth God has given
us."I agree in principle… but not in practice. What we
need is world wide opportunity for all. That means tearing down a lot of old
colonial built economies and providing real opportunity to these people. Most
people don't want to be dependent on others, regardless of what you hear.
When someone is dependent, they are leveraged, and enjoy less freedom in
determining their own outcomes. The wonderful thing about the
changes in the world we see today is that the world truly is flattening. What
used to be closely held by a few, knowledge, is now becoming widely accessible.
And with knowledge comes the power to control ones own destiny. Governments
should be investing in making opportunity for all - and in doing so - all will
enjoy the benefits of a rising tide. But it is opportunity that rises the tide
for all…. not the other way around. Reaganomics and trickle down is
probably the slowest and least effective way of helping all people.
Corrupt governments and leaders are a huge problem in these third world
countries. The Philippines has that issue. Most of the money is pocketed by the
leaders and they quickly leave the country with the cash.Barack
thought graduating a large percentage of Americans from college is the answer.
The problem is if they don't have a job to go to, then they just have debt
they are paying off with a low paying job.The secret is an honest
government, and giving business a reason to grow. Give more opportunities to
people to create a business and take the risk themselves. Yes, there is a steep
learning curve. I think if we had classes that people can take at a low cost, to
show them the ins and outs of loans, type of businesses to start etc. Get the
brain juices flowing and people will find or create something that others are
willing to buy.
To "Open Minded Mormon": I completely agree with you.
D&C 49:20 says the resources of the earth are "not given that one man
should possess that which is above another, wherefore the world lieth in
sin."However, I would like to read some comments here, if anyone
knows of *practical* ways to help these poor people. Just giving
them money may not solve the problem in the long term. "Teach a man to
fish..." as the saying goes. Perhaps education? But will there
be jobs in their country when they graduate? I know in some countries there are
lots of college educated kids who can't find jobs afterward. Egypt and
Bangladesh are two that I've heard of.Bad economic policies and
poor government may be a factor in these countries. What to do about that?Any ideas, from people who know more than I about this issue?
We need a world-wide re-distribution of the wealth God has given us.And then, some wonder why so many 3rd world countries hate America.And
think bombing them into submission is somehow the answer.