The Twentieth was the Century of the Welfare State. Governments the world over built and then continuously grew their domestic aid money delivery apparatuses. Tens of trillions of dollars were spent in attempts to raise poor people up and out.
Its been disastrous.
European Union and the Failed Welfare State
Transforming the Developmental Welfare State in East Asia
More Evidence of the Social Welfare State as a Failure
Much of the planet was dominated by the Soviet Union - whose satellites and clients were just welfare states under the Red umbrella. Communism is the Welfare State in full bloom - and to say it doesnt work is the centurys greatest understatement. One hundred million people died - and billions more lived nasty brutish and short lives in abject desolation and destitution.
The United States has on welfare spent more than $7 trillion - just in the last fifty years.
The Continuing Failure of Americas Welfare State
Why the Welfare State Is Doomed to Fail
And President Barack Obama has failed utterly to learn the last centurys lessons. He is in his mere eight years set to more than double our disastrous outlay.
Obama to Spend $10.3 Trillion on Welfare
Some remain steadfastly impervious to facts.
With this unfathomable amount of money our poverty level has remained virtually unchanged. Oh - and were now almost $18 trillion in debt.
Thats just domestic. Nations around the world - led by the U.S. - have spent trillions more making other nations around the world into Welfare States. Which has for them been just as disastrous as it has been for us domestically.
The Continuing Failure of Foreign Aid
Exploring the Failure of Foreign Aid
Africa has largely become a Welfare Continent. It has received tons of free coin - and has been for the most part been mired in perpetual dire malaise.
Why Foreign Aid Always Fails in Africa
Time for a Rethink: Why Development Aid for Africa Has Failed
Time for a rethink indeed - not just in Africa but throughout the world.
U2 singer Bono - a decades-long global Welfare State promoter and believer - certainly thinks so.
So some of Africa is rising - and some of Africa is stuck. The question is whether the rising bit will pull the rest of Africa up - or whether the other Africa will weigh the continent down. Which will it be?
The stakes here arent just about them. Imagine for a second this last global recession - but without the economic growth of China and India. Without the hundreds of millions of newly-minted middle class folks who now buy American and European goods. Imagine that. Think about the last five years.
Rock star preaches capitalism. Shh…wow. Sometimes I hear myself and I just cant believe it. But commerce is real. What youre about here - its real.
Aid is just a stop gap. Commerce entrepreneurial capitalism takes more people out of poverty than aid. Of course we know that."
I wish we all did. Global Welfare Statesmen - take note of the Rocker.
Commerce and entrepreneurial capitalism practiced inter-nationally - between nations - is called free trade. Utterly unfettered by the assistance" of government.
You know whos learning it? More and more of Africa.
Africa Continues to Reap from US-Africa Trade Pact
Trade lanes in Africa have increased significantly as a result of relieved trade barriers which have had a positive impact on many local businesses. A key driver of this growth has been the African Growth and Opportunity Act (AGOA) which has stimulated trade and investment between Africa and the United States….
Africa is the last frontier the more we collectively focus on connecting it with the world the more sustainable its economies will be and the more jobs we will create creating a virtuous cycle of success."
Rather than the 20th Century vicious cycle of Welfare State poverty.
Free trade allows peoples everywhere to lead exponentially better lives.
Governments need to do less - less free money-ing taxing tariff-ing subsidizing and protectionism-ing.
And simply get out of the way - and let the magic of the marketplace clean up their messes.
The Twentieth was the Century of the Welfare State. Governments the world over built and then continuously grew their domestic aid money delivery apparatuses. Tens of trillions of dollars were spent in attempts to raise poor people up and out.
Its been disastrous.
European Union and the Failed Welfare State
Transforming the Developmental Welfare State in East Asia
More Evidence of the Social Welfare State as a Failure
Much of the planet was dominated by the Soviet Union - whose satellites and clients were just welfare states under the Red umbrella. Communism is the Welfare State in full bloom - and to say it doesnt work is the centurys greatest understatement. One hundred million people died - and billions more lived nasty brutish and short lives in abject desolation and destitution.
The United States has on welfare spent more than $7 trillion - just in the last fifty years.
The Continuing Failure of Americas Welfare State
Why the Welfare State Is Doomed to Fail
And President Barack Obama has failed utterly to learn the last centurys lessons. He is in his mere eight years set to more than double our disastrous outlay.
Obama to Spend $10.3 Trillion on Welfare
Some remain steadfastly impervious to facts.
With this unfathomable amount of money our poverty level has remained virtually unchanged. Oh - and were now almost $18 trillion in debt.
Thats just domestic. Nations around the world - led by the U.S. - have spent trillions more making other nations around the world into Welfare States. Which has for them been just as disastrous as it has been for us domestically.
The Continuing Failure of Foreign Aid
Exploring the Failure of Foreign Aid
Africa has largely become a Welfare Continent. It has received tons of free coin - and has been for the most part been mired in perpetual dire malaise.
Why Foreign Aid Always Fails in Africa
Time for a Rethink: Why Development Aid for Africa Has Failed
Time for a rethink indeed - not just in Africa but throughout the world.
U2 singer Bono - a decades-long global Welfare State promoter and believer - certainly thinks so.
So some of Africa is rising - and some of Africa is stuck. The question is whether the rising bit will pull the rest of Africa up - or whether the other Africa will weigh the continent down. Which will it be?
The stakes here arent just about them. Imagine for a second this last global recession - but without the economic growth of China and India. Without the hundreds of millions of newly-minted middle class folks who now buy American and European goods. Imagine that. Think about the last five years.
Rock star preaches capitalism. Shh…wow. Sometimes I hear myself and I just cant believe it. But commerce is real. What youre about here - its real.
Aid is just a stop gap. Commerce entrepreneurial capitalism takes more people out of poverty than aid. Of course we know that."
I wish we all did. Global Welfare Statesmen - take note of the Rocker.
Commerce and entrepreneurial capitalism practiced inter-nationally - between nations - is called free trade. Utterly unfettered by the assistance" of government.
You know whos learning it? More and more of Africa.
Africa Continues to Reap from US-Africa Trade Pact
Trade lanes in Africa have increased significantly as a result of relieved trade barriers which have had a positive impact on many local businesses. A key driver of this growth has been the African Growth and Opportunity Act (AGOA) which has stimulated trade and investment between Africa and the United States….
Africa is the last frontier the more we collectively focus on connecting it with the world the more sustainable its economies will be and the more jobs we will create creating a virtuous cycle of success."
Rather than the 20th Century vicious cycle of Welfare State poverty.
Free trade allows peoples everywhere to lead exponentially better lives.
Governments need to do less - less free money-ing taxing tariff-ing subsidizing and protectionism-ing.
And simply get out of the way - and let the magic of the marketplace clean up their messes.