Comments by "" (@ronjon7942) on "Good Times Bad Times"
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@marcelo55869 You make the exploitation of resources and an African consumer market sound like a bad thing, but aren’t those capitalist prerequisites needed to begin investing in commerce? Capitalism has a pretty decent track record of elevating societies out of poverty and into prosperity. ‘People,’ ‘collaboration,’ and ‘development’ go hand in hand with prosperity and capitalism, and the goal of democracy can be achieved. If capitalist investments are to be realized, the proper investors will WANT to have the population elevated and prosperous so they can BECOME a consumer market, to everyone’s benefit.
Will this happen with China and Russia? Well, look at China’s and Russia’s internals, which aren’t great. China and Russia seem to be all about China and Russia. For example, the infrastructure China is building in Africa - how many Africans are being employed to build it, how many Africans are being trained to manage and improve it, who is benefiting from the resource extraction that can take place because of the infrastructure expansion?
But then, maybe China WOULD be motivated to uplift the common African into prosperity, to become a market for Chinese goods. Maybe I’m dead wrong, but that longer term capitalist thinking doesn’t seem to be any part of Chinese investment goals up to now.
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