After The 20th Century Failed Welfare State, The 21st Must Be About Less Government
That is SO Last Century |
It’s been disastrous.
Transforming the Developmental Welfare State in East Asia
More Evidence of the Social Welfare State as a Failure
The United States has on welfare spent more than $7 trillion – just in the last fifty years.
Why the Welfare State Is Doomed to Fail
With this unfathomable amount of money, our poverty level has remained virtually unchanged. Oh – and we’re now almost $18 trillion in debt.
That’s just domestic. Nations around the world – led by the U.S. – have spent trillions more making other nations around the world into Welfare States. Which has for them been just as disastrous as it has been for us domestically.
Exploring the Failure of Foreign Aid
Time for a Rethink: Why Development Aid for Africa Has Failed
U2 singer Bono – a decades-long global Welfare State promoter and believer – certainly thinks so.
“The stakes here aren’t just about them. Imagine for a second this last global recession – but without the economic growth of China and India. Without the hundreds of millions of newly-minted middle class folks who now buy American and European goods. Imagine that. Think about the last five years.
“Rock star preaches capitalism. Shh…wow. Sometimes I hear myself and I just can’t believe it. But commerce is real. What you’re about here – it’s real.
“Aid is just a stop gap. Commerce, entrepreneurial capitalism takes more people out of poverty than aid. Of course we know that.”
Commerce and entrepreneurial capitalism practiced inter-nationally – between nations – is called free trade. Utterly unfettered by the “assistance” of government.
You know who’s learning it? More and more of Africa.
“Trade lanes in Africa have increased significantly as a result of relieved trade barriers, which have had a positive impact on many local businesses. A key driver of this growth has been the African Growth and Opportunity Act (AGOA), which has stimulated trade and investment between Africa and the United States….
“Africa is the ‘last frontier’, the more we collectively focus on connecting it with the world, the more sustainable its economies will be and the more jobs we will create – creating a virtuous cycle of success.”
Free trade allows peoples everywhere to lead exponentially better lives.
Governments need to do less – less free money-ing, taxing, tariff-ing, subsidizing and protectionism-ing.
And simply get out of the way – and let the magic of the marketplace clean up their messes.
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Seton Motley is the President of Less Government and contributes to ARRA News Service. PJ Tatler also published this article. Please feel free to follow him on Twitter / Facebook
Tags: 20th Century, failed, welfare state, 21st Century,less government, Africa, Europe, America, Seton Motley To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
1 Comments:
Here here! to less tyrants, may God bless America.
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