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Only the few benefit from unrestrained capitalism Trade and commerce in the Glo

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CJKent_bandThe truth hurts, but if you accept it, it will set you free

Title couldn’t say it all.

Only the few benefit from unrestrained capitalism

Trade and commerce in the Global Capitalist system exploits the weak and defenseless.

THE UNFORTUNATE REALITY.

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Puddy Tat

"“No government of the left has done as much for the poor as capitalism has. Even when it comes to the redistribution of income, the left talks the talk but the free market walks the walk. What do the poor most need? They need to stop being poor. And how can that be done, on a mass scale, except by an economy that creates vastly more wealth? Yet the political left has long had a remarkable lack of interest in how wealth is created. As far as they are concerned, wealth exists somehow and the only interesting question is how to redistribute it.”

  • Thomas Sowell
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Icey

Capitalism made Ibrahim Traore famous.

Traoré has implemented policies such as:
Nationalization of Resources: Establishing a state mining corporation (SOPAMIB) and nationalizing key gold mines and other industries to ensure national resources benefit the Burkinabe people instead of foreign corporations.
Rejection of Western Financial Institutions: Rejecting financial assistance and conditionalities from the International Monetary Fund and the World Bank.
Promotion of Local Industries and Self-Sufficiency: Launching agricultural offensives, promoting local textile industries, and investing in infrastructure development to reduce reliance on imports and boost domestic production.
Building Alliances with Non-Western Powers: Forming the Alliance of Sahel States (AES) with Mali and Niger and aligning with Russia to challenge Western dominance in the region.
These actions, along with his anti-colonial rhetoric and embrace of Pan-African ideals, have resonated with many across Africa and beyond who see him as a leader challenging existing power structures and pushing for a more equitable global economic order.

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Icey
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Puddy Tat

^^ And those countries aren't exactly shining beacons of prosperity

“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.”

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Puddy Tat

"The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive."

Thomas Sowell

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