How do you change someone's mind about free markets?
You don't argue. You connect dots.
A grieving mother was crying, telling me “capitalism” killed her son. He drowned trying to reach Europe on a boat.
I sat with her. Then I asked her one question: why did he leave?
To find a job. Why couldn't he find one at home? Because there are none. Why are there none? Because Senegal makes it nearly impossible to start a business.
By the end of our conversation, she understood.
Free markets were the only thing that could have saved her son.
Long before Adam Smith put pen to paper, humans had already committed unspeakable acts of greed, conquest, and exploitation:
- Genghis Khan ran a brutal empire that expanded through violence and rape. According to genetic studies, around 8% of men in a large region of Asia carry DNA linked to him.
- The Atlantic Slave Trade was powered by kings, empires, tribal chiefs, and European monarchies, most of whom operated under imperial and monarchical structures.
- In pre-revolutionary France, the monarchy, nobility, and upper clergy lived in great privilege and luxury, while the vast majority of peasants (about 80% of the population) endured poverty, heavy taxation, and frequent hunger.
There have always been selfish, greedy, and rapacious people — and there always will be, as long as humans exist.
Every economic and political system has had greedy people in it.
The difference is whether that system limits their power or lets it run wild.
@HarmonyAwakened @baba_nyenyedzi his point still stands.prosperity just doesn't happen in a vacuum. Strong institutions are a must.without these, you govern by SI, policy just changes overnight. That's why we are crying about oil. Right, we have banned exporting raw lithium. Why aren't they crying?
@shanaka86 But Mr IRGC Spokesperson spoke ,shouting no ship Hormuz is closed in business language English for every Jack and Jill to hear. High risk high returns, high-risk high losses in this case.
Why risk life ?It's not your ship,not your oil.
@baba_nyenyedzi As he was on the cross dying , he said, " Baba, forgive not the comrades for they know their ideology is nonsense but act stupid ".And after that he bowed his head in shame.
@magattew It's the NGO Industrial Complex at it again. Looking for at the wrong problem knowing solving the real problem is way tougher. They know talking about this solves nothing just makes sure they gave a job for life. Driving big cars,big houses,chowing the woman.
I see endless debates about child labor online.
Some people want international bans. Others want free school meals to incentivize attendance.
Nobody talks about what actually made child labor disappear in developed countries.
It was not laws. It was not school lunch programs. It was prosperity.
When families earn enough to survive without their children working, they stop sending them to work.
This happened in Britain, America, Japan, everywhere. Economic growth came first. Child labor ended as a result.
Here is what people also miss: most child labor is not factories exploiting random children.
It is parents who need their own children to help the family survive and feel they face no choice but to send them working at that factory.
The farmer cannot harvest his crops alone because he is too poor to afford tools, so his kids work the fields. The mother selling vegetables at the market brings her daughter along because someone needs to watch the younger children while she earns money.
These families are not cruel, they are desperate. They would love to send their children to school but they cannot afford to.
Just banning child labor does not fix this.
It just forces families to hide what they are doing or pushes children into even worse informal work.
Free breakfast programs sound nice, but a family that needs their child’s labor to eat dinner is not going to send that child to school for breakfast.
The math does not work.
If we actually care about ending child labor, we need to focus on bringing prosperity to these countries so families can finally afford to keep their children in school instead of needing them to work.
Everything else is just noise that makes us feel good while accomplishing nothing.
@GNyabunze@matigary Y then is UAE not escalating only being defensive.They know they are vulnerable. All it takes is 1 drone and it's all fire at oil ,gas fields, desalination plants. That's why iran is attacking and uae just shooting down the drones
@zimlive Africa is the most regulated space. How will entrepreneurs flourish. Some of the fees are like traps. y nt make e ease of doing simple, less cumbersom, promote enterprise.
Shutting down businesses that contribute so much. Visit the regulator u see fat cats,top of range cars
@shanaka86 But already, no money is coming in. So, taking it changes nothing, only a response targeting the occupier and gulf oil and hormuz will still be closed.