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In Egypt 75% of the population is under the age of 25. These people want opportunities, jobs, apartments, cars, consumer goods, and escape from the daily strugg

by dmm 11y ago

In Egypt 75% of the population is under the age of 25. These people want opportunities, jobs, apartments, cars, consumer goods, and escape from the daily struggle of poverty. Per capita GDP in Egypt is about $1575. For comparison in the US it's about $54 000. Blame inequality all you want but even with perfect equality the pie in Egypt is not big enough to provide all of its people with the western standard of life that the people want. > For centuries the growth depended on plundering the third world, Really? You think colonialism is the main driver of economics growth?

toomuchtodo 11y ago
> Blame inequality all you want but even with perfect equality the pie in Egypt is not big enough to provide all of its people with the western standard of life that the people want. Egypt has enough sunlight to provide all the clean energy needed to provide its citizens with first world quality of life. It just needs the funds to build/install the panels to collect that sunlight.
coldtea 11y ago
>Really? You think colonialism is the main driver of economics growth? Yeah, really. It was the big enabler for all the growth that later turned into the "industrial revolution", and continued to provide a huge percentage of western GDP well into the 20th century, directly (as exploited and plundered places) and indirectly (as markets for example). Cheap oil, for one, is always good to ensure for one's country. At some point it became economically inefficient to enslave countries with close to 2-3 billions of inhabitants, and the cold war had changed the political climate anyway, but not so much that countries won't participate in post-colonial power games. It's no accident that it's exactly the countries that did the plundering (the colonial powers) that rose up into prominence, and the ones that were plundered that got the short end of the stick.

by dmm 11y ago

toomuchtodo 11y ago

> Blame inequality all you want but even with perfect equality the pie in Egypt is not big enough to provide all of its people with the western standard of life that the people want. Egypt has enough sunlight to provide all the clean energy needed to provide its citizens with first world quality of life. It just needs the funds to build/install the panels to collect that sunlight.

coldtea 11y ago

>Really? You think colonialism is the main driver of economics growth? Yeah, really. It was the big enabler for all the growth that later turned into the "industrial revolution", and continued to provide a huge percentage of western GDP well into the 20th century, directly (as exploited and plundered places) and indirectly (as markets for example). Cheap oil, for one, is always good to ensure for one's country. At some point it became economically inefficient to enslave countries with close to 2-3 billions of inhabitants, and the cold war had changed the political climate anyway, but not so much that countries won't participate in post-colonial power games. It's no accident that it's exactly the countries that did the plundering (the colonial powers) that rose up into prominence, and the ones that were plundered that got the short end of the stick.