“… the near-collapse of the banking system, and the shortage of credit, has encouraged the big Western financial institutions to turn their backs on the developing world. Money is being sluiced back home, to Europe and America, with catastrophic consequences for anyone who wants to get a loan in, say, Nigeria. In these circumstances, it is doubly immoral and disgusting that we continue to restrict the access of the developing world to our markets, and that we continue to use huge sums of taxpayers’ money to dump our products on the Third World.” (source)
Archive for the ‘Development’ Category
Posted by rantingkraut on June 5, 2008
Spiegel-Online’s Thilo Thielke on development aid:
“Development aid is a planned economy, even if it doesn’t have a plan. The belief that food shortages can be overcome in a planned economy is one that has already proved disastrously wrong in the former Soviet Union, North Korea and Cuba. One has to feel sorry for the Africans for their continued role as human guinea pigs.
The main reason that there is starvation in Africa is that there are no profits to be made in cultivating or trading foodstuffs. Either developmental aid ruins the profits or corrupt leaders rob their people blind. There’s hardly a country in Africa where private ownership rights are enforced; everything belongs to either the clan or the state.”
Read the rest of the article here.
Posted by rantingkraut on August 30, 2007
“The denunciation of material comfort is so widespread in the West that even schoolchildren seem to think affluence is an evil. (…) If Westerners are not happy with such great things, perhaps they should swap with us Africans. We would love to have what these people seem to hate. You see, we believe in the material progress of mankind; the vast majority of Ghanaians I spoke to while making Damned by Debt Relief said they want more from life: more goods, more products, more choice. We hate being constantly subdued by nature; we are tired of dying early; we are tired of sleeping in mud huts; we are tired of walking long distances for water, food and fuel; we are tired of doing our washing by hand; we are tired of farming with hoes and cutlasses and waiting for nature to be merciful unto us. You think this way of life is ‘natural’ and happiness-inducing? Then you should try it out.” (source)