Road to riches isn't history - it's the future

Posted by $ blarman 10 years ago to Culture
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Walter Williams laid out the fatalism in the past-oriented mindset and contrasts two peoples created at nearly identical times and the HUGE differences in outcomes between the two. He also points out that the keys to becoming a wealthy society center less about the type of government and much more about the economic environment.


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  • Posted by Lucky 10 years ago
    The inhabitants of Gaza, indeed much of the poorest of the world, could bring in law and order, property rights and a market economy. There would be little change without a change in 'culture'. In this case culture means religion.
    Walter Williams point is very largely correct, if only the Hong Kong and Singapore lessons were learnt. Those who know Singapore will find the non Chinese inhabitants not just with the same accent, but with this Confucian work ethic.

    For the overseas Chinese, culture means looking to the future even beyond the life of individuals by considering the family, and what is mistakenly called ancestor worship is respect for traditions that worked. What makes the situation even worse for Gazans is the type of support they get from the west.
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  • Posted by $ KSilver3 10 years ago
    The scariest part of that article is the fact that the three main structures he references as being under attack in poor countries are also under attack in our country.
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  • Posted by CircuitGuy 10 years ago
    Yes. I like the article and your summary.
    "Hong Kong's experience of going from a Third World colony in 1945 to having a gross domestic product per capita that ranks among the world's 10 highest in 2015 can serve as a useful blueprint for both Gaza and poor countries around the world. The basic ingredients for Hong Kong's progress were not foreign aid and other handouts from Western nations but instead law and order and a free market. "
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