Thompson Ayodele is one of the clearest minds for free markets and freedom in Africa. And he’s being noticed.
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Thompson Ayodele is one of the clearest minds for free markets and freedom in Africa. And he’s being noticed.
Previous post: Cleaned by Capitalism IX
Next post: Greed and Fear — and Markets and Government
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“Socialists have a tendency to emphasise motive over outcome.”
And as the outcomes become more dismal, the motives become more fierce. The death spiral of socialism.
Which causes the rest of us to die along with it.
Good piece, but lets paraphrase it and see if it might contain some lessons for the looney left here in America.
“I’ve just been talking to a very clever man. He’s called Thompson …….., he’s from Mississippi and he thinks that government aid is making black people poorer. The statistics he produces are jaw-dropping. They suggest a direct correlation between the receipt of development assistance and low growth. This is true whether you compare all black neighborhoods or black people, or whether you look at different periods within the same population. Government aid, he suggests, isn’t useless; it’s actively harmful. It discourages enterprise, fosters dependency and bolsters corrupt regimes. A similar correlation exists between debt remission and insolvency: people or populations who have their bills periodically written off become re-indebted more quickly than people or populations which don’t.”
Seems familiar somehow, doesn’t it?
”
debt remission and insolvency: people or populations who have their bills periodically written off become re-indebted more quickly than people or populations which don’t.”
”
Does forgiveness secretly harbor an insidious element of addiction risk, addiction for both the recipient and the provider? Should we now encourage a generous overdose which could provide death to both parties thus eliminating their respective tendencies for reproducing their own despair?
Let’s do it. Snuff out Medicaid, Medicare, Hurricane Relief, Court Appeals for Convicts, Cardiac Resuscitation, and Grocery Store Coupons. Oh! Yes! And the bailout for billionaires and for too big to fall financial casinos.
Now I feel better.
Grazia,
Y
And……..the winner is……………………….?
Is there a particular point you were wanting to make, Shill?
”
particular point you were
”
There are many incentives to write. You can squeeze with shoe-horn an unwanted pointed idea into a closed mind, “particular point”. Perhaps you can write to introduce a form of writing to a group. Perhaps you can write to prod your readers into reconsideration of many perspectives. You can not be certain why I am writing, why someone is writing by merely reading what was written.
The moving finger has scribbled and moved on.
<];o )
If I was a conspiracy theorist I’d claim that was the whole point of Progressive politics. If you keep the poor uneducated and poor but make them think you’re trying to help (much easier when they’re uneducated), they’ll keep you in power.
Since I’m not a conspiracy theorist, I’ll just say they couldn’t do much (if any) better if it was a conspiracy. Of course, having useful idiots defending them (especially on the education point) helps a lot.
Most people believe aid is good.
Some people want to make aid work better.
Some people believe aid should be stopped.
From my experience and in my foggy mind, the aid sector seems at best irrelevant for the (macro-)economic progress (or decline).
So scrapping it would not have much real impact,….
except for the wallets of those 500.000 western “experts” employed by it.
The best thing to do for people is to try to find ways to exploit them. Just as I benefit from people exploiting my training, time, and talents, so do others. Mutual exploitation is wealth creating for both parties, and creates a guiding light for sustainable economic growth.