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And lo on Sun, 25 Nov 2007 04:33:33 -0000, John VanSickle
<evi### [at] hotmail com> did spake, saying:
> Darren New wrote:
>> Warp wrote:
>>> especially taking into account how many years it takes
>>> to build a civilization which can support itself.
>> I suspect you'd mostly have to replace the government with something
>> that respected basic property rights before pouring money in would help
>> anything. If you're going to kick out successful farmers and hand the
>> land over to cronies who don't know how to manage it, you're going to
>> have famines regardless of how much cash gets dumped into the economy.
>
> And if you institute honest government, the charity quickly becomes
> unnecessary.
It would speed up the process enormously, but unnecessary?
> The only reason the West got an economic leap on the rest of the world
> is because our forebears reduced the crookedness of the government by a
> sufficient degree to free up wealth for capital formation.
To be precise the reducation lowered the entry fee allowing a lot more
people to join in the game. Then you just sit back and hope for a critical
mass.
> In much of the world the situation is that as soon as you have two
> pennies to rub together, someone from the government takes one of them
> (if not both).
I believe it's called tax :-)
--
Phil Cook
--
I once tried to be apathetic, but I just couldn't be bothered
http://flipc.blogspot.com
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