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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (50301)	10/8/2002 9:01:11 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 281500

Power tends to be centered in cities, rather than the countryside, so the cities get to decide on how products are marketed. Bingo Bilow!!! And time and time again they corrupt leaders of these non-democratic countries screw their farmers over, pocketing most of the profits for themselves, and generally screwing over the foreign financiers who risked their capital on investments in these countries. I'm going to have to buy Hernando De Soto's book with his recommendations about the failures of implementing capitalism in developing countries... I really think he may be on to something with regard to property rights and decentralizing the lending process so consumers, workers, and farmers have access to capital and collateral. I'm in no way socialistic as frank might perceive it.. I just believe that market failure and corruption in an undeveloped country should not be transferred to other economies. I also recognize that the "family farm" is a dying entity.. But neither am I quite sure I want to corporate farms of huge size... Somewhere in the middle lies a comfortable medium where public and private market failure can be reconciled. Hawk