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What do you think are the main reasons that poor countries are poor?
Lack of natural resources - That could hurt.
Scarecrow Akhbar said:I said "Lack of economic freedom" because wealth cannot be created when people are not certain that what they make they'll be able to keep.
aquapub said:India has abundant resources and a population density equivalent to New Jersey. Their economy is stagnate. They are one of the most regulated (i.e. Socialist) countries in the world.
Government corruption.Look at Mexico.Their government is obviously currupt.Kandahar said:What do you think are the main reasons that poor countries are poor?
JOHNYJ said:The Truth is often unpopular. Other than Belgian or Portugese colonies in africa.Many African countries were better off as,colonies. No one harms an African better than another African. Nigeria,Rwanda,,Darfur,Belgian Congo,Liberia, the list goes on.Africans slaughtering other Africans. Only now hey have only each other to blame !
Che said:The reason counries are poor are a really a collaboration in between lack of infastructure, government corruption, exploitation by wealthier nations, and lack of education. When a nation has no infastructure, there is no healthcare, economy, welfare or etc.. people are left to fend for themselves in a collapsing nation. If there is corruption, money doesn't reach the people and their daily nessecities. If there is a lack of education, no good jobs will come in from abroad. But also all small nations are exploited by larger nations. It's just human nature to conquer the weak.
aquapub said:I think Kandahar, Scarecrow and I are all pretty much on the same page on this one. Whatever impunes competition/capitalism, whether it be economic oppression, monopolies, or political corruption, it is the lack of economic freedom that ultimately seals the fate of the countries in question.
It seems to me that the countries that allow themselves to be "exploited" the most are the quickest to grow out of poverty, while those that resist the most are little better off several decades later.
FinnMacCool said:I heard that argument before and its bullshit.
Ireland was always poor but it was poorer when the Brits took every single crop they made and sent it back to England while starving the Irish at the sametime.
It's not like the Irish benefited anyways. They "benefited" once they were replaced.
Che said:The reason counries are poor are a really a collaboration in between lack of infastructure, government corruption, exploitation by wealthier nations, and lack of education. When a nation has no infastructure, there is no healthcare, economy, welfare or etc.. people are left to fend for themselves in a collapsing nation. If there is corruption, money doesn't reach the people and their daily nessecities. If there is a lack of education, no good jobs will come in from abroad. But also all small nations are exploited by larger nations. It's just human nature to conquer the weak.
Kelzie said:A slight issue with the exploitation claim. I have no doubt that free trade might be better for bigger countries. Raw goods have a much lower value than processed goods. However, the poorer country trades voluntarily. Nobody forces them to trade. Even if they only get 10% of the benefit, that is 10% more than what they would get if they weren't trading.
aquapub said:Hong Kong has zero resources, yet they are a thriving metropolis. This is a result of their capitalist, free history.
India has abundant resources and a population density equivalent to New Jersey. Their economy is stagnate. They are one of the most regulated (i.e. Socialist) countries in the world.
It isn't resources.
ptsdkid said:I believe these poor countries are poor because all of their smart people (those with a desire to better themselves) have left their banana republic to either sneak in illegally or come to America legally to start a new and prosperous life. The people left on their island of despair are usually the one's that expect the government to hand them cradle to grave benefits, i.e. the lazy liberal types.
Che said:Exactly. Those immigrants then prosper and get lucrative high paying jobs such as cab driver or a maid. If they're lucky, they'll live in luxurious neighborhoods and places like Spanish Harlem oor South Bronx. If they're really, really lucky, they'll get paid minimum wage
Kelzie said:Nobody's forcing them to move here. They obviously do it because they feel it's in their best interest.