Sunday, October 21, 2007

[How Business Happens] Farming in Africa

Folks,

Here is an article that presents the economic disaster of Zimbabwe as a
blacks vs. whites problem, when it is a system vs. system problem.

http://tinyurl.com/2aqdyd

In spite of being a rich agricultural country as Rhodesia, Zimbabwe now has
6600% inflation, crumbling infrastructure, and faces famine without outside
aid. Zimbabwe is ruled by a thug, whom even the USA and China have declined
to help. And you know we are not picky.

In Rhodesia, the whites had set up a money making system for themselves,
and the blacks who flocked to the cities for opportunity found themselves
relatively poor. Certainly whites set up subsidies and restrictions that
benefitted themselves, but the system at least fed everyone,

When the blacks gained power, they confiscated properties they had no idea
how to manage and destroyed a system that distributed the produce. (Farming
is harder than it looks).

So we have a unjust system replaced by a chaotic situation. It has nothing
to do with black and white, because the same problem arises everywhere in
the world, every time this kind of change is attempted.

A far better approach is to take power and merely eliminate the subsidies
and restrictions for the rich. In a free market, the protected class would
slowly, peacefully settle to a natural level of power as the "oppressed"
ever advanced as they learned how free markets worked. A peaceful
inexorable settling into a just polity.

Since neither side really knows how to operate in a free market, they start
on relatively level planes, and advance depending on how well they serve
the customers.

I am sitting by my phone waiting for Robert Mugabe to call.

John

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Posted By Editor, "How Business Happens" to How Business Happens at 10/21/2007 04:39:00 PM


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