SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: frankw1900 who wrote (22883)1/4/2004 5:52:11 PM
From: KLP  Respond to of 793700
 
Frank, you may have missed my first post in response to yours. I had wondered outloud why the same countries who were poor, continue to be poor centuries later, even if the countries have material wealth, and I would expect, an abundance of people who have intelligent thoughts. You suggested this:
Message 19649386

I was curious about the background of DARIO FERNANDEZ-MORERA , who wrote the article you suggested we read on Hernando De Soto, so found and posted this:
Message 19651438

then this:
Message 19651442



To: frankw1900 who wrote (22883)1/4/2004 6:38:18 PM
From: LindyBill  Read Replies (2) | Respond to of 793700
 
If there are not well defined property rights there are likely no well preserved human rights.

I have been kicking this around again to see if I could define it better. The "Chicago Boys" tried to install our economic system around the world, and found that economic freedom by itself was always corrupted in these other countries.

Societies based on British model seem to do the best. America has done the best of that group because of more economic and social freedom, IMO. Europe and Japan just can't get it together like we do. The Singapore Model has had limited success. Kind of a very "authoritarian British." This seems to be the one that China is adopting.

Isn't it astounding that our Intellectuals, living in this model, reject it and tell the world that their culture is just as good or better? This attitude makes us look like fools. People in other countries know better. But their Elites don't want our system, so they agree. They lose out on running things if they adopted our total system.

Probably the main reason for our Elite's attitude. They wish they got to run things, instead of having our lousy "flyover types" in charge.