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RE: The Walking Debt and The Starving Child: Welcome to the Upside Down Economics of Kicking the can Down The Road to get High on Assets that Doesn't Exist
Wise words.
It all lies in the senseless economy. The party people are poorer than the starving ones. Their prosperity is borrowed from the future.
Just like you said. One problem I see nowadays is that this left that is currently on power has no fucking clue were all the prosperity of west has come from. Instead of just repeating how "democracy is superior", they need to realize how all this was built and then take it to africa. But instead they just make these factories and shit there, because they think problem is lack of labor (jobs), they send pile of cash to some unorganized bunch of wannabe goverment and unions, that just spend it however they like. Luckily I have solution to all this, even better than what I just said. Start making money so that it is directly printed to people as basic-income + goverments percent that is used to goverments expences. Now with system like this we could simply provide that basic-income to africans, greatly boosting their economy. I probably write a blog post about this at some point.