Re: BOOK: The Mystery of Capital

From: Technotranscendence (neptune@mars.superlink.net)
Date: Thu Oct 25 2001 - 21:06:28 MDT


On Thursday, October 25, 2001 3:36 PM Randy Smith randysmith101@hotmail.com
wrote:
> I think it all comes down the Rule of Law. The First World operates by
it,
> and the Third World does not, and therefore does not attract investment to
> the same degree.

That's part of it. Of course, it depends on what the Law that rules is.

Also, some in the First World are not helping things out. For instance,
those who want to give more aid to the Third World are often [unwittingly]
helping governments there to continue with reckless policies as well as
feeding corruption.

Later!

Daniel Ust
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