Rich Goulet

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Rich Goulet
Posted over 2 years ago
In what practical ways can African states tackle the issue of poverty and unemployment amongst its young people?
Dear Ted Lover, I'm sure you are a kind, loving person who cares a great deal about humanity. However, what you describe is like chocolate that won't make you fat. It's a great dream but won't happen. In the real world money is the method of exchange that is most efficient. I just believe that capatilism is the system that offers the most benefits, efficiently. I do volunteer work for a group called ShelterBox. Without money and the effort of people worldwide we would not be able to fulfill our mission to deliver shelter to those who have been effected by war or other disasters. We couldn't do the good we do using a moneyless gift economy. How would we get a ShelterBox to Africa or Asia within a week after am earthquatke? Gifts wouldn't do it.
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Rich Goulet
Posted over 2 years ago
In what practical ways can African states tackle the issue of poverty and unemployment amongst its young people?
If not capitalism what? Socialism, communism? Government owned bussinesses? Capitalism means that consumers make the choices. Are there problems? Yes. Have there been abuses? Yes. Socialism/government control has resulted in atrocities just as bad or worse than anything capitalism has done. Hitler, Stalin,Mao have killed and kept people in poverty far more than capitalists. The robber barons worldwide got their money because governments tried to control the economy and give them exclusive franchises. Thar's socialism. Besides do we really think that government bureaucrats can make better decisions than business people? I know my attitude flys in the face of many of the subscribers to Ted. But none of us is smart enough to run a huge economy. Although some won't admit it.