Wednesday, September 25, 2013
Missing the boat
Following on this entry about neo-feudalism.
Comrade Zuma of South Africa is completely missing the boat that carries improvement for Africa. Thus the nation he criminally misrules will also miss the boat. In a speech to the Alger Hiss Organization, Comrade Zuma shows his Marxist teeth and his devotion to the obsolete system of nation-states.
The new approach by China (and Japan and India) is strictly free-market capitalism. China invests in African farmers to improve their efficiency, then China buys their produce at discounted prices. It's a two-sided direct bargain, with no securitization, no central pool and no central authority. Farmer gets money and better working conditions, China gets food. I assume local officials are getting a slice of the pie, but they're not getting the whole pie.
¶ 3:46 AM
Following on this entry about neo-feudalism.
Comrade Zuma of South Africa is completely missing the boat that carries improvement for Africa. Thus the nation he criminally misrules will also miss the boat. In a speech to the Alger Hiss Organization, Comrade Zuma shows his Marxist teeth and his devotion to the obsolete system of nation-states.
Zuma was speaking at the general debate of the 68th session of the UN General Assembly in New York on Tuesday. "A development agenda beyond 2015, should allow individual regions and states the space to address the development needs peculiar to their circumstances and priorities. ... We wish to emphasise as well our expectations that the developed North and developing South should continue to engage in a genuine partnership. In this regard, the developed North should stand ready to meet their commitment to contribute 0.7% of their gross national income towards Official Development Assistance."Note the emphasis on centralized rule and securitized economics. All rich nations must throw in equal shares while receiving nothing in return. The pool must be divided by Alger Hiss Experts so every corrupt Marxist dictator can get rich. What's missing? RECIPROCITY and FEEDBACK. What's missing? NORMAL BUSINESS. What's missing? ORDINARY AFRICANS.
The new approach by China (and Japan and India) is strictly free-market capitalism. China invests in African farmers to improve their efficiency, then China buys their produce at discounted prices. It's a two-sided direct bargain, with no securitization, no central pool and no central authority. Farmer gets money and better working conditions, China gets food. I assume local officials are getting a slice of the pie, but they're not getting the whole pie.
¶ 3:46 AM
