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A Contrast in Catastrophe: Japan and Haiti
Forbes ^ | 03/17/2011 | Bill Flax

Posted on 07/09/2011 5:11:40 PM PDT by billflax

In Haiti, a lack of markets means little profit and virtually no wealth, no progress, no resilience against uncertainty, and thus no hope.

Haiti is the second oldest autonomous state in the Western Hemisphere. It was a French colony, her richest, but the Haitians overthrew the French in a bloody revolution. In the 1790′s, led by such fascinating characters as Toussaint L’Ouverture, a free black slave owner, Haiti seized independence. Then Toussaint’s successors systematically slaughtered the French minority in what today would be termed genocide.

Haiti’s wealth was quickly squandered as a national slave state. She remains mired in hopelessness to this day.

I was in Cap Haitian and it was startling. You’d see massive cathedrals and other buildings left by the French and virtually nothing built of any substance since. The glass was gone and the pews long since burned for firewood. Once ornate churches, these now sit as hollow tombs underscoring Haiti’s funereal dearth of finance.

Without the rule of law or respect for private property, Haitians suffer under the arbitrary whim of depraved men. Hernando de Soto’s indispensible book, The Mystery of Capital, highlights Haiti’s dysfunctional economy plagued by corrupt officials and “dead capital.” This is land, buildings and the like without clear title, which inhibits the owners’ ability to leverage their property or sell with confidence.

(Excerpt) Read more at blogs.forbes.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; Japan
KEYWORDS: constitution; freemarkets; haiti; japan
The earthquake was several months ago, but the principles are timeless.
1 posted on 07/09/2011 5:11:46 PM PDT by billflax
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To: billflax

Compare Katrina to other disasters elsewhere in the USA.


2 posted on 07/09/2011 5:15:23 PM PDT by umgud
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To: billflax

There was no rioting in Joplin or Minot.


3 posted on 07/09/2011 5:19:00 PM PDT by bwc2221
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To: umgud

Compare Katrina to other disasters elsewhere in the USA.

___________________________

Compare the recovery of Mississippi from Katrina with the recovery of New Orleans.


4 posted on 07/09/2011 5:22:42 PM PDT by I_Like_Spam
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To: bwc2221; umgud

Great points. Must be because W was president for Katrina, ha ha.


5 posted on 07/09/2011 5:45:12 PM PDT by billflax (Fighting the good fight.)
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To: billflax

The article said “the Japanese understand that in labor there is profit and in savings there is wealth”.
Just like Katrina the Haitians will never get on their feet. They have had their hand out for to long. When do they get off the bottle?
It’s true, they do not have the rule of law or respect for private property
We are being given a taste of this by the mob rule that is going on in cities across this country.


6 posted on 07/09/2011 5:49:55 PM PDT by Anna W
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To: billflax

Haiti is victim, along with the entire Caribbean and Central American region, of the US tariffs and quotas on sugar causing the price to be 10x higher in the US. These quotas facilitated a dramatic change in US diet from cain sugar to high fructose corn syrup, esp. in soft drinks and virtually everything we eat and drink. This gov’t engineered diet change is responsible for the obesity epidemic.

Just another ruinous, life-killing US gov’t diktat. US senators bought and paid for.


7 posted on 07/09/2011 5:55:48 PM PDT by bukkdems (Polygamy is the essential evil of Islam.)
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To: All


Just A Reminder
Please Don't Forget
To Donate To FR


8 posted on 07/09/2011 6:09:51 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: billflax

Some people create, while others can only destroy and Yet they want Respect for that???!


9 posted on 07/09/2011 6:10:28 PM PDT by Cheetahcat ( November 4 2008 ,A date that will live in Infamy.)
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To: billflax

Interesting read, thanks.


10 posted on 07/09/2011 6:26:14 PM PDT by Gamecock (Here I raise mine Ebenezer)
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To: billflax

I always wondered why the “Haiti” earthquake knew to stop at the border of the Dominican Republic...


11 posted on 07/09/2011 7:22:30 PM PDT by merryberry (2nd best punishment...IGNORE O.J. Anthony)
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To: billflax

Its all about culture.


12 posted on 07/09/2011 7:57:06 PM PDT by PGR88 (I'm so open-minded my brains fell out)
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To: billflax
The Mystery of Capital, highlights Haiti’s dysfunctional economy plagued by corrupt officials and “dead capital.” This is land, buildings and the like without clear title, which inhibits the owners’ ability to leverage their property or sell with confidence.

In the Nineties, it required 111 steps and 4,112 days of bureaucratic nonsense to obtain a simple sales contract.

4,112 days of bureaucratic nonsense - and almost as many hands to be greased...

13 posted on 07/09/2011 8:08:20 PM PDT by GOPJ (Honk if I’m paying for your car, your mortgage, and your big, fat Greek bailout - mewzilla)
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To: billflax

The problem in Haiti is the continuing effects of the Voodoo religion. It’s as bad as Islam in it’s fatalism, which keeps its people poor, ignorant, and unwilling to change, because they think that their ‘God’ wants them to be that way.


14 posted on 07/10/2011 1:04:23 AM PDT by SuziQ
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To: billflax

it depends on the level of organization in a society. The Japanese almost have a hive mind. This is good as in the case of how they are coping and reconstructing after the earthquake, but it also lead to the atrocities during WWII.


15 posted on 07/13/2011 3:01:13 AM PDT by Cronos ( W Szczebrzeszynie chrzaszcz brzmi w trzcinie I Szczebrzeszyn z tego slynie.)
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To: bukkdems

interesting points


16 posted on 07/13/2011 3:09:04 AM PDT by Cronos ( W Szczebrzeszynie chrzaszcz brzmi w trzcinie I Szczebrzeszyn z tego slynie.)
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