This is it exactly, it's the cost of capital and living that is the problem. If our countries had control over their own capital and provided utility at cost t

This is it exactly, it's the cost of capital and living that is the problem. If our countries had control over their own capital and provided utility at cost the economic development would be easy. Instead we're charged monopoly rents for everything from water to electricity, taxed to oblivion and charged horrendous usary on all capital.