Bono says we need capitalism to end poverty

[Timshel]

And he is not just saying we need it to produce tax revenues and transfer payments. He understands that those states receiving aid need to embrace capitalism and free enterprise.

http://www.nationalreview.com/feed/354064/bono-we-need-capitalism-end-poverty-greg-pollowitz


At the Georgetown speech, Bono made the following statements:

Aid is just a stop-gap. Commerce [and] entrepreneurial capitalism takes more people out of poverty than aid.

In dealing with poverty here and around the world, welfare and foreign aid are a Band-Aid. Free enterprise is a cure.

Entrepreneurship is the most sure way of development.

 

[Timshel]

Should have known he was an Austrian.

Silver and Gold by U2

In the shit house a shotgun
Praying hands hold me down
Only the hunter was hunted
In this tin can town
Tin can town


No stars in the black night
Looks like the sky fell down
No sun in the daylight
Looks like it's chained to the ground
Chained to the ground
The warden said:
"The exit is sold.
If you want a way out,
Silver and gold."


Broken back to the ceiling
Broken nose to the floor
I scream at the silence, it's crawling
It crawls under the door
There's a rope around my neck
And there's a trigger in your gun
Jesus say something
I am someone, I am someone
I am someone


Captain and kings
In the ships hold
They came to collect
Silver and gold
Silver and gold


Seen the coming and the going
Seen them captains and the kings
See them navy blue uniforms
See them bright and shiny things
Bright shiny things


The temperature is rising
The fever white hot
Mister, I ain't got nothing
But it's more than you got


Chains no longer bind me
Not the shackles at my feet
Outside are the prisoners
Inside the free
Set them free
Set them free


A prize fighter in a corner is told
Hit where it hurts
Silver and gold
Silver and gold

 

[cancel2 2022]

And he is not just saying we need it to produce tax revenues and transfer payments. He understands that those states receiving aid need to embrace capitalism and free enterprise.

http://www.nationalreview.com/feed/354064/bono-we-need-capitalism-end-poverty-greg-pollowitz


At the Georgetown speech, Bono made the following statements:

Aid is just a stop-gap. Commerce [and] entrepreneurial capitalism takes more people out of poverty than aid.

In dealing with poverty here and around the world, welfare and foreign aid are a Band-Aid. Free enterprise is a cure.

Entrepreneurship is the most sure way of development.

It is nice to see him spelling out the obvious.