I guess they just hand out Nobel Prizes to about any retard on the street nowadays huh?
These dipshits are supposed to be “economic geniuses” but somehow actually think it’s possible to spread the wealth amongst third world shitholes. News flash, where the fuck do they think that money would be coming from? Wealth is finite, can’t just hand out a million dollars to every shithole that refuses to rise above savagery despite multiple countries sending aid. Don’t even get me started on how “inclusivity” is supposed to help these shitholes gain more wealth. Maybe it can, if they include white people.
There is actually an ability to grow wealth in 3rd world shitholes, that involves the growth in complexity of economic systems, and increased productivity and efficiency. You can't do that with hand-outs, though. It requires ingenuity, responsibility, discipline, and innovation within the people themselves.
Wealth is not finite. At no point has wealth been a zero sum game, that's a Marxist argument. Wealth (weather asset or liquid) can be built up as a result of having more of those assets or liquidities to transfer for better use.
Foreign Aid doesn't actually help anyone except people attempting to exploit the aid. It is actually guaranteed to damage the local economy by disrupting it with a large inflow of money that is being spent on industries not relevant to expanding economic complexity. If doctors and miners temporarily leave their jobs to become taxi drivers for westerners or bureaucrats who stole the money, the efficiency of the market collapses.
Only by the English. This is because the English system promotes exactly those types of behaviors. The other European powers (and the US) are kind of shit at it.
I guess they just hand out Nobel Prizes to about any retard on the street nowadays huh?
These dipshits are supposed to be “economic geniuses” but somehow actually think it’s possible to spread the wealth amongst third world shitholes. News flash, where the fuck do they think that money would be coming from? Wealth is finite, can’t just hand out a million dollars to every shithole that refuses to rise above savagery despite multiple countries sending aid. Don’t even get me started on how “inclusivity” is supposed to help these shitholes gain more wealth. Maybe it can, if they include white people.
There is actually an ability to grow wealth in 3rd world shitholes, that involves the growth in complexity of economic systems, and increased productivity and efficiency. You can't do that with hand-outs, though. It requires ingenuity, responsibility, discipline, and innovation within the people themselves.
Wealth is not finite. At no point has wealth been a zero sum game, that's a Marxist argument. Wealth (weather asset or liquid) can be built up as a result of having more of those assets or liquidities to transfer for better use.
Foreign Aid doesn't actually help anyone except people attempting to exploit the aid. It is actually guaranteed to damage the local economy by disrupting it with a large inflow of money that is being spent on industries not relevant to expanding economic complexity. If doctors and miners temporarily leave their jobs to become taxi drivers for westerners or bureaucrats who stole the money, the efficiency of the market collapses.
You know what has a long historical record of growing wealth in 3rd world shitholes and improving conditions for the locals? Colonization.
Only by the English. This is because the English system promotes exactly those types of behaviors. The other European powers (and the US) are kind of shit at it.
Some Dutch settlers weren't too bad.
Weren't some studies published that all this "foreign aid" is just a giant grift that does more harm than good?
Why rise above savagery when whitey keeps dumping free food bought from their friends at absurd prices