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Why Do The Poor Countries Always Stay So Poor?
Manhattan Contrarian ^ | 23 Sep, 2023 | Francis Menton

Posted on 09/23/2023 4:33:24 AM PDT by MtnClimber

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To: MtnClimber

So their populations will have an excuse to break into America to rape and pillage. The Gringos don’t care if the illegals are going to steal steal them blind for “a better life” in the Land of the Big Free Stuff Piñata.


41 posted on 09/23/2023 6:00:29 AM PDT by FlingWingFlyer ("Try That In A Small Town" - Jason Aldean rules!)
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To: MtnClimber
--- "Why Do The Poor Countries Always Stay So Poor?"

Government corruption, camouflaged by ideological trappings.

42 posted on 09/23/2023 6:04:51 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: MtnClimber

I read a story about a fellow in Senegal who was a highly motivated entrepreneur. He was western educated and knew that his hometown could use a store a bit like Walmart, smaller of course but offering everything from groceries to hardware. He got financing and opened up shop. He failed within six months.

He ran afoul of a cultural norm he should have expected. Among the Senegalese, property anyone in your family has is expected to be shared. His “family” including third, fourth and fifth cousins simply carted his inventory away. The authorities considered such appropriation to be a family matter.

There seems to be no way to operate a business in Senegal unless one is an outsider or an orphan.


43 posted on 09/23/2023 6:09:32 AM PDT by muir_redwoods (Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
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To: Redmen4ever

Singapore was benevolent socialism/dictatorship. Read “Third World to First”, given to me in Afghanistan, by Singaporean whose Harvard education was 100% paid for by the Singapore government.


44 posted on 09/23/2023 6:09:59 AM PDT by The Truth Will Make You Free
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To: hinckley buzzard
Thanks for mentioning him. Some additional resources:
Hernando de Soto (economist)

Capitalism is essentially the economic system of poor people.

Hernando de Soto is no ordinary economist

It is amusing you write, "But you can't graft these western principles on to closed minded tribal thinking." I think it might be true today that "these Western principles" have been abandoned by the DC politicians and administrative state bureaucrats...
45 posted on 09/23/2023 6:13:16 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: Jonty30

Then, when a poor person comes into some money (inheritance, insurance payout, lottery, whatever) they immediately spend it on:

1)A brand new car
2)Latest most expensive cellphone
3)Big-screen TV
4)other crap/”bling”

They won’t use it to pay off their debts, which would improve their 400 credit score.


46 posted on 09/23/2023 6:34:07 AM PDT by brianl703
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To: MtnClimber

Also helps that there aren’t months of cold weather to help weed out the ones incapable of planning.


47 posted on 09/23/2023 6:35:24 AM PDT by brianl703
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To: MtnClimber

It’s called The Bell Curve and it’s real.

L


48 posted on 09/23/2023 6:40:27 AM PDT by Lurker ( Peaceful coexistence with the Left is not possible. Stop pretending that it is. )
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To: MtnClimber

Lack of leadership... Lack of desire to become more...

Look at the ghetto as an example of the desire to become a poor country. No paint on the house but a Cadillac in the driveway... Smokin a ciggarello and looking around to see who is noticing them...


49 posted on 09/23/2023 6:42:42 AM PDT by sit-rep
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To: MtnClimber
what is necessary and sufficient for the birth of plenty?

"The Birth of Plenty" is a term often associated with economic historian William J. Bernstein's book "The Birth of Plenty: How the Prosperity of the Modern World was Created." In this book, Bernstein argues that four key factors are necessary and sufficient for the emergence of widespread prosperity and economic growth. These factors are often referred to as the "Four Pillars of Prosperity." They are:

Property Rights: Secure and well-defined property rights are essential for economic growth. When individuals and businesses have confidence that their property (including land, assets, and intellectual property) will be protected from theft and expropriation, they are more likely to invest and innovate.

Scientific Rationalism: A culture that values and promotes scientific inquiry and rational thinking is critical for technological progress. This includes support for education, research, and the application of scientific knowledge to solve practical problems.

Capital Markets: Efficient and accessible capital markets enable individuals and businesses to access funding for investment and entrepreneurship. Well-functioning financial institutions, such as banks and stock markets, are crucial for allocating capital to its most productive uses.

Transportation and Communication: Effective transportation and communication networks facilitate the movement of goods, people, and information. Modern infrastructure, including roads, ports, railways, and the internet, plays a vital role in connecting markets and promoting economic growth.

Bernstein argues that these four pillars are necessary and sufficient because they create an environment conducive to economic development and innovation. When these conditions are met, economies tend to flourish and experience what he calls "The Birth of Plenty."

50 posted on 09/23/2023 6:53:27 AM PDT by mjp (pro-freedom & pro-wealth $)
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To: MtnClimber

Because people like Bill and Hillary collect billions to give to poor nations and then abscond with the funds. It’s the ‘big secret’ behind foreign aid - our tax dollars are supposedly sent to secure clean drinking water or food etc. and then it either never leaves the US (divided among Deep Staters) or fans out to oligarchs all over the world.

Year after year - the same pleas for the villagers to have clean drinking water...


51 posted on 09/23/2023 6:56:08 AM PDT by ransomnote (IN GOD WE TRUST)
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To: MtnClimber

Inbreeding leading to low IQs across the population.


52 posted on 09/23/2023 7:01:52 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: The Truth Will Make You Free

Singapore had and has elements of proprietorship, rather than socialism.

Of course, this distinction depends on what is meant by “socialism.” The word has been quite elastic since it was invented. Marx defined it as government ownership of the means of production. Toward the end of the 20th Century, after the fall of the Berlin Wall, socialism came to mean extensive government regulation of the private sector combined with extensive redistribution of the wealth. Now, people like Bernie Sanders say the Nordic countries are socialist, when according to the people who have been trying to measure the degree to which an economy is centrally-planned versus market-oriented, the Nordic countries are as or more market-oriented than the U.S. (Sanders, by the way, honeymooned in the Soviet Union, not in a Nordic country.)

Turning to Singapore, it is reckoned to be the most free economy in the world (by this measure, 83.9; notice, even though the freest in the world, the score is well below 100).

https://www.heritage.org/index/country/singapore

As to what I describe as “proprietary” elements, the founding and long-time dominant party of the country was and is highly-invested in the economy, and therefore highly interested in its success. For an island-country totally dependent on trade and international investment, this means keeping industry competitive and not regulated.

Add to the orientation of the country to success, the tendency of the government to censor dissent, including anything it deems injurious to the peace of the island-country, and it’s not exactly comparable to western democratic capitalist countries.


53 posted on 09/23/2023 7:16:18 AM PDT by Redmen4ever
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To: hinckley buzzard

You can list those things but the number one reason societies flourish is the moral character of its citizens. What happens to a country without a conscience? We’re about to find out. Wake me when you see a criminal express remorse for their crimes!


54 posted on 09/23/2023 7:18:21 AM PDT by griswold3 (Truth, Beauty and Goodness )
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To: MtnClimber

Why do poor countries always stay so poor???? Because of the graft and corruption that is now happening in the US political system. With signs that it is only going to get worse. This is what happens when a country kicks THE GOD OF CREATION OUT.


55 posted on 09/23/2023 7:20:48 AM PDT by kagnew
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To: euram

The African elephant in the room.


56 posted on 09/23/2023 7:23:12 AM PDT by super7man (Madam Defarge, knitting, knitting, always knitting.)
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To: MtnClimber
If you are actually interested in the answer you could read, "Eat the Rich" by P. J. O’Rourke or "Basic Economics" by Thomas Sowell.
57 posted on 09/23/2023 7:29:04 AM PDT by Harmless Teddy Bear (Keep America Beautiful by keeping Canadian Trash Out. Deport Jennifer Granholm!)
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To: MtnClimber

Rd later.


58 posted on 09/23/2023 7:38:40 AM PDT by NetAddicted (MAGA2024)
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To: MtnClimber

Thanks for posting.

If only high school kids would read articles like this...


59 posted on 09/23/2023 7:38:47 AM PDT by simpson96
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To: MtnClimber

Race culture politics

Chicken egg

What’s downstream of what

Whites basically via Christianity culture and populations pressure and resource coveting and trade conquered or civilized the world more than anyone else

Folks used to understand this

Now we’re blamed for it even as they still depend on us

You can argue the whys forever but to any empirical observer you can see which groups have outperformed others even sub groups in the groups

The NWO types wish to erase all this with themselves as elite overlords

The dacha class

I heard Thomas Sowell say yesterday pretty much

“Human nature would prefer poverty and equal over some doing better than you”

Good performing groups have certain characteristics

Emphasis on family like where I live


60 posted on 09/23/2023 7:46:57 AM PDT by wardaddy (Why so many nevertrumpers with early sign ups and no posting history till now? Zot them PTB)
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