Post
Topic
Board Economics
Re: Neo-liberalism and the crisis of Capitalism
by
franky1
on 03/04/2024, 08:49:04 UTC
If you look at those undeveloped continent like Africa and most part of Asia, the suffering and poverty that existed within is not mainly cause by capitalism, socialism or any other form of government being practice by the state, The major cause of suffering in those part of the world is mostly cause by the high level of incompetence by our leaders.

I am a proud African, so I am saying this not as an outsider, I know what's going on within, most natural disasters most countries around the world are complaining about mostly don't happen here, our own disaster is not natural, it's man made, it's only few of our leaders that have the intention of even doing anything tangible for it citizens, they mostly care about their families and how to enrich their selfs through embezzlement of public funds.

so I don't think it's because of capitalism or any other systems that are making the rich to get richer, and the poor to get poorer, it's because of the bad leadership in the state.

it is because of capitalism.. its your leaders that chose to favour international capitalism. (they get rich from the international community taking over domestic property, services, land and property) rather than domestic capitalism where they get rich from their own citizens growth