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I live in Tanzania and I think you lack perspective. Many people here would appreciate any home at all that isn’t made of mud and shit. There are price controls
by mruts 8y ago
I live in Tanzania and I think you lack perspective. Many people here would appreciate any home at all that isn’t made of mud and shit. There are price controls on grain and export bans in order to make things “cheap”.
The result? People are hungry, some are starving. Businesses can’t function due to the high taxes. Farms are closing down because they can’t turn a profit. The country is falling apart.
I came the from the US, and it has completely reframed by perspective. People desperately want capitalism: they want cheap phones, they want cheap food, they want the government to stop exploiting them in the name of “social good.”
The only people in the world who want socialism are those who are already in rich capitalist countries. They can’t appreciate what capitalism has delivered for them because they have nothing to compare it to.
Capitalism delivers and is by far the most optimal system (and also the only stable system).
We talk about “the poor” in the developed world. But the poor in the US would be in the top 1% over here.
If you don’t think that capitalism has helped everyone, I think you might be misinformed.
- sascha_sl 8y agoYou omitted the part where first world countries exploit everyone else for resources and cheap labor. Especially Africa. There's a reason China is investing into basic infrastructure there. Capitalism does not work in isolation. I don't know anything about policy decisions and local resources in Tanzania, so I can't comment on specifics, but socialism doesn't really work in less developed countries. Look at pre-soviet Russia. The only reason the soviet union was ever a world power was their authoritarian but rapid by-all-means industrialization (aka "Stalinism"). It also doesn't work well in total isolation; the DPRK is doing much worse than East Germany ever did because they lack natural resources and soviet support is gone.