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To: smolejv@gmx.net who wrote (10118)	9/23/2001 12:40:24 AM
From: Ilaine	Read Replies (1) \| Respond to of 74559

That's from "The Education of Henry Adams". Have to read it for class, and that section really wowed me. Adams was the great-grandson of John Adams, second US president, and grandson of John Quincey Adams, sixth US president. He taught medieval history at Harvard. Born 1838, died 1912. There are many who say that the 19th century ended in 1914, so he didn't quite get to see the 20th century if they are right, but he came close enough to seeing the 18th, 19th and 20th centuries that we may as well say he did. His editor says that his wit was so dry that it abrades. Just so. What I really liked about the section I quoted was how well he makes us see that the world remained relatively unchanged from 3000 B.C. to his present day. I think he knew that would not continue to be true for parts of the world. And so we see the fundamental schism between . . . . oh, between Afghanistan and "us." The world for them is the world that has existed almost unchanged for thousands of years. We are on the other side of a divide. Yet, can we stay there? Instead of slaves, we are dependent on internal combustion engines. Without them, we, too, would fall into darkness.

To: smolejv@gmx.net who wrote (10118)	9/23/2001 1:29:36 AM
From: elmatador	Respond to of 74559

Capital -like manure- has to be spread very evenly. It is due to capital not being spread evenly, that we have pockets of wealth and masses in misery. For all practical purposes all countries that have to develop are already developed. The ones that didn't never will. (Remember when I said that nothing will stop the flow of people seeking access to places where capital is abundant hence there's no other solution but mass immigration.) The old version that explained wealth based on concepts that religion, weather, availability of natural resources have all been thrown on the garbage can due to the types of countries that have got rich in the last 30 - 40 years. (OK there will still be someone saying that there are some very special characteristics in a few people that made them rich, but we know they are just patting their own back to feel good.) We have to create a mechanism to do so. We have a large technology pool. We have lots of idle capital. We have lots of overcapacity in every industry we look at. The World Bank, IMF and other multilateral institutions have failed miserably. The World Bank by buying good behaviour of countries to be friendly to the US. The IMF to prop up and shelter economies victims of lousy policies. Let a couple of Argentina go down the drain and solve their problem by themselves that pretty soon other governing elites in those countries get the message: Put your house in order yourself, no one is going to do that for you. Once the right economic policies are in place them those countries can get assistance. Doing like today: Watch lousy economic policies drive countries to the ground and them once they are there pull them out of the hole they mage themselves in by doling out tax payers money has not worked. We have to close down those institutions and create others and other types of mechanism to make the economic machine grind on. Either we do that, or the refugees will continue to pile up on the shores and ignorance and religious fervour will prevail in most corners of the world. And this is not going to be done because of good intentions. No. This needs to be done because it is the interests of all places where wealth is taken for granted. Simply: They are the ones that have something to lose. The miserable, don't. And I can tell you there are many of them out there.