Comments by "" (@NoahBodze) on "Why Socialism failed in AFRICA | George Ayitteh" video.

Thomas Sowell noticed that colonialism did more good than harm in a number of places. For the first generation, he generalized, colonialism is terrible. But for the subsequent generations, it's a net positive. One of those tough lessons in history, I suppose. I mean, it took Mussolini to be in charge of Somalia to force them to finally, once and for all, abolish the 1,300-year Bantu slave trade. It's a bad look when the OG fascist is the objective and unequivocal moral compass of a country.
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@dog-ez2nu "Capitalism" doesn't make or do anything. Capitalism is the absense of all systems but the individual's choice in the market, free from interference from a monopoly third party with a claim to your transaction. Capitalism ≠ opportunism; opportunism and markets always exist Adam Smith envisioned capitalism as a revolution AGAINST ideas like colonialism, corporatism, cronyism and the like. The idea was to disentangle the state with its economy. So "state capitalism" is literally doublethink. There is no such thing and can not be.
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Capitalism ≠ colonialism. Capitalism ≠ opportunism. Capitalism is not. That's the best way to talk about it — not what it is, but what it is not.
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Astute observation. I saw this with Barre in Somalia when I looked into it. They were collectivists, and the red-green axis wasn't total lip services, but those totalitarian dictators in africa knew what they were doing when they played the superpowers against each other and were perfectly happy to compromise on marx.
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@Koyasi78 None, stupid. Capitalism DOES NOT equal opportunism. There was no capitalism in slavery. You just don’t understand economics.
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And the real, universal, problem: "If socialists understood economics they wouldn't be socialists." - Hayek
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