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Thread: Bono: “Capitalism takes more people out of poverty than aid”

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    Bono: “Capitalism takes more people out of poverty than aid”

    http://blog.independent.org/2013/08/...erty-than-aid/

    “Aid is just a stopgap,” he said. “Commerce [and] entrepreneurial capitalism take more people out of poverty than aid. We need Africa to become an economic powerhouse.”
    It was strange enough seeing him working extensively with George Bush, and now this.

    Sounds like with age, comes wisdom. Unless you're Sean Penn, Danny Glover, Barbara Streisand, Susan Sarandon...

    As they say, if you're 20 and a conservative, you don't have a heart. If you're 40 and liberal, you don't have a brain.

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    Re: Bono: “Capitalism takes more people out of poverty than aid”

    I agree with him on this issue (seems odd to be saying that, lol). That is the nature of welfare and aid. It doesn't give you any living skills, just keeps you dependent on others, and being dependent on others is not good for your state of mind, or your state of well-being. It's in our nature as humans to work and to strive to overcome difficulties. It's how we evolve.
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    Re: Bono: “Capitalism takes more people out of poverty than aid”


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    Re: Bono: “Capitalism takes more people out of poverty than aid”

    Quote Originally Posted by Erod View Post
    The Beacon: The Blog of The Independent Institute



    It was strange enough seeing him working extensively with George Bush, and now this.

    Sounds like with age, comes wisdom. Unless you're Sean Penn, Danny Glover, Barbara Streisand, Susan Sarandon...

    As they say, if you're 20 and a conservative, you don't have a heart. If you're 40 and liberal, you don't have a brain.
    I don't think that Bono's embrace of capitalism makes him a Conservative. Liberals (at least in the US) are pro-market as well, just not un-bridled and un-regulated.


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    Re: Bono: “Capitalism takes more people out of poverty than aid”

    I don't see what's so controversial about this.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
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    Re: Bono: “Capitalism takes more people out of poverty than aid”

    Quote Originally Posted by StillBallin75 View Post
    I don't see what's so controversial about this.
    The controversy is in who said it- not the subject matter. Bono's historically been very pro-welfare and pro-aid. It seems odd for him to take this position.
    "God is the name by which I designate all things which cross my path violently and recklessly, all things which alter my plans and intentions, and change the course of my life, for better or for worse."
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    Re: Bono: “Capitalism takes more people out of poverty than aid”

    Quote Originally Posted by rocket88 View Post
    I don't think that Bono's embrace of capitalism makes him a Conservative. Liberals (at least in the US) are pro-market as well, just not un-bridled and un-regulated.
    LOL, no you're not. You're for stripping capitalists of their profits and incentive so you can create as many dependent voters as possible.

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    Re: Bono: “Capitalism takes more people out of poverty than aid”

    Quote Originally Posted by lizzie View Post
    The controversy is in who said it- not the subject matter. Bono's historically been very pro-welfare and pro-aid. It seems odd for him to take this position.
    Even the most pro-welfare liberal realizes that for Third World economies to prosper, they need to have capitalism done right (not the crony capitalism that currently exists in a lot of those places) - else all the foreign aid and welfare you're sending in is wasted and ends up in the hands of the wrong people. It has more to do with proper governance than anything else.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Bono: “Capitalism takes more people out of poverty than aid”

    Quote Originally Posted by lizzie View Post
    The controversy is in who said it- not the subject matter. Bono's historically been very pro-welfare and pro-aid. It seems odd for him to take this position.
    Not sure why pro-welfare and pro-aid somehow mean anti-capitalist. The two co-exist all of the world simultaneously.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: Bono: “Capitalism takes more people out of poverty than aid”

    Quote Originally Posted by rocket88 View Post
    I don't think that Bono's embrace of capitalism makes him a Conservative. Liberals (at least in the US) are pro-market as well, just not un-bridled and un-regulated.
    You know that's like saying that you're for Women's Emancipation, so long as they're kept in the home, barred from voting, and out of the workplace, right?
    Quod scripsi, scripsi

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