tillingborn wrote: ↑Fri Mar 26, 2021 6:03 pm
How would you explain capitalism to someone who doesn't know what it means?
It's actually extremely easy, and has been working successfully all over the world. Instead of sending wads of money to Socialist dictators, and seeing it disappear into their bank accounts, you send aid workers to the poor themselves, ask them what they want, and then help them to get it, training them in the rudimentary principles that make for business success...quality, customer service, basic accounting practices, borrowing and repaying...and so on.
In a year or two, the whole family is self-sustaining...the kids are in school, the family can afford basic healthcare, everybody has food to eat, and the neighbourhoods are improving rapidly. It's absolutely amazing.
I've seen it. I know about all this. I know it works, and it's the greatest thing we can possibly do for the Developing World. If you don't know about microenterprise, then everybody should. This is the way to go. And yeah, it's Capitalist. Nothing else gets people out of poverty quickly and permanently except being given a chance to act on their own initiative.