The Musings of Faith

Tag Results: capitalism

“Countries which have adopted successful capitalist policies have reduced levels of absolute poverty. Countries which have failed to achieve economic growth and have relied on foreign aid have not.”

World News Blog - What have the Millennium Development Goals achieved?

It is interesting to note that this fact has nothing to do with POLITICAL policies or regimes. Capitalism can thrive in non-democratic societies. For example, countries that have most successfully reduced the number of their citizens living in poverty include China, India, Vietnam, and Brazil. These countries are hardly democracies but they employ capitalistic ECONOMIC policies. When market forces are allowed to operate in some capacity, only then can prosperity flow.

(via The Big Picture)

Great infographic being illustrated during this talk. I do think the question remains how do we build a system that could be really responsible, just, and humane. Well, the Yunus Center and @BCorporation have some great ideas on that. Don’t loose hope! I am exploring how I can contribute to building such a system.

I am a woman born to Nigerian parents, walking with God, interested in art and technology yet passionate about economics, investments, and capital markets.
At 30, I started this site to be a collection of all that and more forming an eclectic collection of real information. Read more.
"Faith might do, accomplish, and create a lot. In fact, it does."

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