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Old 03-01-2013, 07:30 PM
 
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I'd disagree...Africa's progress lies in entrepreneurship....particularly industrialists...
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Old 03-01-2013, 08:07 PM
 
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Originally Posted by dub dub II View Post
I'd disagree...Africa's progress lies in entrepreneurship....particularly industrialists...
Well not everyone has start up money for some idea or venture. Bethlehem Tilahun Alemu, the gal from Ethiopia that started her SoleRebels footwear has had success, but she had a few people to help her get started and she had trained to be an accountant. When you are dirt poor and just trying to survive, its hard to see a way up with little education or help. And then if you have a corrupt government, even with industrialists start ups then what? The crooks will still be taking plenty right off the top and not care a bit about the betterment of those struggling. So how is that going to help the ones that need it most? Maybe a larger tax base and a few more making money, and the corrupt leaders taking their share of the revenues. Reminds me of old trickle down theory. Only thing that trickled down was, well you know.

And the cops, well its hard to know which is the good guy and which is the bad guy. Good people and leadership from the top seems to be lacking as well as many other things. Some absolutely disgusting things have been happening. Rest in Paradise, Mido Macia, may those that killed you be punished in the same way.

Last edited by todd00; 03-01-2013 at 08:16 PM..
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Old 03-01-2013, 11:33 PM
 
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Originally Posted by dub dub II View Post
I'd disagree...Africa's progress lies in entrepreneurship....particularly industrialists...
I agree with that but Africa needs governments who will create the right business enviroments. In too many African countries business activity has been hampered by bad gov't policies. Hopefully some of this is starting to change.
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Old 03-02-2013, 04:50 AM
 
Location: Maryland
18,624 posts, read 16,450,885 times
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Originally Posted by Wild Style View Post
That article is so full of crap its not funny. Africa has had a number of great leaders in the past. BUT those great leaders also pushed for independence from western political and economic influence. As a result they were removed. Africa will not be able to prosper until we find a way to free ourselves from western influences politically and economically. THEN real progress can begin.
Lol let me guess you're an African American projecting their hostility against Whites as the reason for Africa's lack of progress without any independent analysis?
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Old 03-02-2013, 04:54 AM
 
Location: Maryland
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Originally Posted by Motion View Post
Then are you referring to African leaders like Kwame Nkrumah and Sekou Toure as your great African leaders who ermbraced the eastern european influence of one party dictatorships and state run socialist economies? Well how did that turn out for their countries and for the Soviet Union? There wasn't alot of freedom in that eastern European model.
Bingo. The countries that enjoyed success post independence such as the Ivory Coast and Botswana adopted center right economic policies.

Kwame Nkrumah heavily taxed cocoa farmers when prices were high to fund his schemes. The price collapsed, deficits ballooned, reserves depleted and the cedi collapsed. It's all good to have dreams but you better base them on sound economic principles.

At Independence Ghana was wealthier than South Korea and Malaysia.
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Old 03-02-2013, 04:57 AM
 
Location: Maryland
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Originally Posted by Wild Style View Post
I will ask you again, besides googling, what first hand knowledge do you have of ANY African leaders or what books have you read? If you can't answer me, then I will assume, you don't know.
The Fate of Africa is a recent book I've read. I'm also of Ghanaian background so theses topics routinely came up at home.

Motion seems to know a lot more than you do.
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Old 03-02-2013, 10:58 AM
 
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Originally Posted by EdwardA View Post
Bingo. The countries that enjoyed success post independence such as the Ivory Coast and Botswana adopted center right economic policies.
I remember reading about a bet placed between Kwame Nkrumah of Ghana and Félix Houphouët-Boigny of the Ivory Coast around the time both countries got their independence. The bet was about which economic system that was chosen by both would hold up the best. Nkrumah as you know chosed a socialist path for Ghana and Félix Houphouët-Boigny took a more market approach. Well Félix Houphouët-Boigny is considered to have won the bet because the Ivory Coast had a better economy under him than what Ghana had under Nkrumah. The main problem with Félix Houphouët-Boigny was that he didn't take a democratic approach to governing. Democracy and a market based economy need to go together. You'll have a better run economy and fewer coups when you combine the two.
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Old 03-02-2013, 02:56 PM
 
Location: America
6,987 posts, read 15,493,776 times
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Originally Posted by EdwardA View Post
The Fate of Africa is a recent book I've read. I'm also of Ghanaian background so theses topics routinely came up at home.

Motion seems to know a lot more than you do.
*Chuckle*

So you have read one book and that makes you a expert? Do you believe yourself? I am from Sierra Leone, so whats your point? They have foolish people back home, just as anywhere else and you are proof of that. I have a degree in Economics, do you? I don't have to rely on the internet and ONE book to try and understand what has and is happening. Learn history, learn how economics works, learn about outside interference and the like, THEN come and talk to me. Other wise, we are talking at each other.
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Old 10-11-2013, 12:00 AM
 
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I would like to have an exact definition of the term autocratic and see if this applies to african leaders only ?
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Old 10-11-2013, 12:06 AM
 
4,654 posts, read 3,714,777 times
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Quote:
Originally Posted by EdwardA View Post
Bingo. The countries that enjoyed success post independence such as the Ivory Coast and Botswana adopted center right economic policies.

Kwame Nkrumah heavily taxed cocoa farmers when prices were high to fund his schemes. The price collapsed, deficits ballooned, reserves depleted and the cedi collapsed. It's all good to have dreams but you better base them on sound economic principles.

At Independence Ghana was wealthier than South Korea and Malaysia.
Bingo,i don't know what center right economic policies means in Ivory Coast ? Under Houphouet Boigny,there was no economy,the economy was in the hand of french settlers and bones were left for the native ivoirians.
Is this is succes ? i don't think so.

The only beneficiary of this economy is France,not Ivory Coast,that made France richer,Ivory Coast in total debts and chocolate more expensive for ivoirians cocoa farmers.
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