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.
Yeah, sure, then there's King Leopold, one of the single bloodiest serial killing demociders in all of Colonial Europe.
Yes, the Dutch, French, and Portuguese had some fairly reasonable and quaint settlements. Frankly, the French in North America were very accommodating, and favored integration. But each of them had moments where they truly went off the deep and and tried to kill or rape everything.
Really, it was only ever the English that tended to go the least crazy, when they inevitably went crazy.
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.
Yeah, sure, then there's King Leopold, one of the single bloodiest serial killing demociders in all of Colonial Europe.
Yes, the Dutch, French, and Portuguese had some fairly reasonable and quaint settlements. Frankly, the French in North America were very accommodating, and favored integration. But each of them had moments where they truly went off the deep and and tried to kill or rape everything.
Really, it was only ever the English that tended to go the least crazy, when they inevitably went crazy.