moonkat235
Well-known member
You can ignore the example. It was just to show that the end result of a project may have both good and bad consequences (good education but financial corruption).
However when you can ignore the bad consequences (because you are not the one paying), then things will seem only good, when they are not.
Because achieving what I suggest is actually very simple. If you remove goverment regulations and free the economy, and allow people to develop their own posibiolties, economies do boom.
Chile is a good example, in the 80's it applied capitalistic ideas into its economy and today it has the highest GDP per capita in south america (despite having very few natural resources). The republic of Ireland is another example.
The only thing foreign aid (not including military aid) does, is go to the bank accounts of dictators. It really does nothing for poor people. This is why some countries have recieved foreign aid for almost 50 years... and are still poor, while countries that decided to free their economy and reduce taxation have seen their standards of living improved.
It really is that simple.
lol clearly not, since pure free market capitalism hasn't been achieved...
How did countries decide to free their economy and can you cite specifics, like a similar article to what I cited with S. Korea, only for Chile? What were the specific actions taken to achieve higher standards of living? Where did they reduce taxation? I need details to determine whether I agree with 'it really is that simple'. I'm unconvinced.
Don't you think if all government regulations were lifted and economies 'freed' that there'd be absolute chaos? Please use historical case examples of countries who have followed your 'simple solution' with details, because I doubt one day they were just like 'no regulations'. What areas did they start lifting regulations in? At what percentage did they reduce taxation and was it like income tax, sales tax?
Since your solution is simple, give me the simple details of how it is applied to success in different countries with different cultural backgrounds with historical context.