DoctorKenney Posted April 8, 2013 Safferz;935883 wrote: The government of China nationalized industry and has complete and direct control over their economy, which is the type of governance you seem to take issue with above. And who knows nothing here? China opened up their trade markets, reduced regulation, reduced taxes, reduced government control over their economy.....and the economy of China BOOMED. China is 10x richer than it was 30 years ago. I believe Africans can do the same. Quote Share this post Link to post Share on other sites
xabad Posted April 8, 2013 ever heard of the mass starvations under you beloved gen mao, iam sure most chinese would take low wages over famine any day. Quote Share this post Link to post Share on other sites
Alpha Blondy Posted April 8, 2013 Safferz;935876 wrote: There is no such thing as "by African standards," there are indicators for development that enable comparisons to be made across states and continents . It's true that Botswana is faring much better than its neighbours, but that isn't saying a whole lot. laakin such indicators are flawed and are often highly inapplicable to the reality on the ground. such indexes and indicators of development often subsume different contexts and setting under a 'Standard'. they're also engendered to paint a particular view. please see the BBC's World Service More or Less site for further clarification. http://www.bbc.co.uk/podcasts/series/moreorless Quote Share this post Link to post Share on other sites
Safferz Posted April 8, 2013 xabad;935891 wrote: But those industries are inefficient and being propped up by the government. the chinese are currently privatizing their big public companies and banks. get up to date safferz. I'm quite up to date, and I work with researchers studying this stuff too (a colleague studies China in Africa specifically). There's a government hand behind Chinese banks and industry. Quote Share this post Link to post Share on other sites
xabad Posted April 8, 2013 what would you ideal economic system look like ? are you for state control of all modes of production or some. explain yourself Quote Share this post Link to post Share on other sites
Safferz Posted April 8, 2013 DoctorKenney;935889 wrote: But to claim neoliberalism is like the World Bank is like claiming all Socialists are like Stalin. Dishonest comparison Except it's not. Neoliberalism refers directly to a type of economic policy and view of the market, articulated in documents like John Williamson's Washington Consensus. The IMF and World Bank are international institutions that embody neoliberal economics and design their policies accordingly. Quote Share this post Link to post Share on other sites
Safferz Posted April 8, 2013 xabad;935903 wrote: what would you ideal economic system look like ? are you for state control of all modes of production or some. explain yourself That's irrelevant -- I made a comment about why I dislike Thatcher and so far this has been support for and critiques of neoliberalism and its human costs, I don't think we need to derail the conversation. Quote Share this post Link to post Share on other sites
xabad Posted April 8, 2013 ok, leave britain and go to any one of the remaining socialists paradises. deal ? Quote Share this post Link to post Share on other sites
DoctorKenney Posted April 8, 2013 Safferz;935904 wrote: Except it's not. Neoliberalism refers directly to a type of economic policy and view of the market, articulated in documents like John Williamson's Washington Consensus. The IMF and World Bank are international institutions that embody neoliberal economics and design their policies accordingly. Except that none of these African nations actually practiced neoliberalism. Too much government spending, high taxes, high debts, high regulations, little property rights, are what African nations are filled with. It was never practiced. Unless you give me evidence that it's application didn't work, then you have no argument. Look at the country of Chile, which actually applied neo-liberal policies, and look how rich they've become. Chile is a success story Quote Share this post Link to post Share on other sites
DoctorKenney Posted April 8, 2013 xabad;935919 wrote: ok, leave britain and go to any one of the remaining socialists paradises. deal ? Apophis is our Atheist Marxist friend on the forum. He fulfills the very important role of being the town clown. We need him for those purposes alone Quote Share this post Link to post Share on other sites
SomaliPhilosopher Posted April 8, 2013 Safferez, the fiesty new intellectual of SOL Quote Share this post Link to post Share on other sites
SomaliPhilosopher Posted April 8, 2013 DoctorKenney;935924 wrote: Apophis is our Atheist Marxist friend on the forum. He fulfills the very important role of being the town clown. We need him for those purposes alone You fulfill the role of the Shakespearean fool trapped in plato's allegory of the cave producing a dark comedy. nevertheless it is enjoying indeed Quote Share this post Link to post Share on other sites
Safferz Posted April 8, 2013 DoctorKenney;935921 wrote: Except that none of these African nations actually practiced neoliberalism. Too much government spending, high taxes, high debts, high regulations, little property rights, are what African nations are filled with. It was never practiced. Unless you give me evidence that it's application didn't work, then you have no argument. lmao only on SOL can someone conveniently discard neoliberal structural adjustment policies and the IMF and World Bank as non-practitioners of neoliberalism to make an argument that neoliberalism hasn't been impeded African development. You would be eaten alive for making that argument in an economics or political science class at my university. Quote Share this post Link to post Share on other sites
Alpha Blondy Posted April 8, 2013 who knows the economic ideologies of Big Sil and Hassan Qoslaye? if they were to die, God forbid, and they appeared on this thread...do you think we'll discuss their economic legacy or their tribal politics? Quote Share this post Link to post Share on other sites
xabad Posted April 8, 2013 neoliberalism is rousing success story where its been fully applied, no question about that safferz. if you are muslim also, you should know that socialsim is haraam. Quote Share this post Link to post Share on other sites