- Mar 20, 2000
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Originally posted by: rahvin
What actually gets me is that Globalism is actually helping the third world, at least those countries that are intelligent enough to participate, solid enough to prevent corruption and wise enough to allow true economic freedom (even if it doesn't include political freedom). Globalism in the short run is exporting large portions of america's wealth to bring a large segment of the worlds population out of poverty. The key to success is elimination of corruption, participation in free trade and embracing free markets with real judical fairness in handling of property and contracts. Central and South america's biggest problems have been corruption, partial acceptance of free trade and a complete lack of judicial fairness. NAFTA hasn't currenty helped Mexico yet because of the corruption and unfair judiciary.
well that was spot on.
and of course the overall hope is that, once people have economic power, they'll demand political power, and the dictators/whoever is in charge quietly fade off into the sunset (this is our china strategy, in a nutshell).
