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Next time you see a starving African child on the television, remember the culpability of Make Poverty History. MPH’s will cause more poverty and more deaths than would otherwise have occurred.
Socialism is killing the third world and Make Poverty History is going to make it worse. In a report by the Globalization Institute called More Aid, Less Growth, we learn that “for every 1% increase in aid received by a developing country, there is a 3.65% drop in real GDP growth per person. Contrary to the conventional wisdom in the aid industry, the study finds that even where recipients have good governance, the effect is also negative.”
So there you have it. The increase in aid prompted by Make Poverty History is going make things worse, not better.
At Hyde Park, Dido just introduced as the “African Ambassador for Music from Senegal”, Youssou N’Dour*, who she was “in awe” of, “not just because he has a wonderful voice, but because of his wonderful beliefs”. He came on stage to say:
“The debt cancellation is OK. The aid is OK. But, please, open your markets.”
There will be an awful lot of well-intentioned nonsense given unquestioning, reverential coverage today, with ignorance and platitudes dressed up as profundity. Maybe, however, for perhaps the first time at an event of this type and on this scale, a kernel of truth will wriggle its way onto TV.
I consider this a small but notable victory for the notion that, if you permit free speech and are prepared to tolerate every misguided and moronic idea, eventually the truth will out.
* [edit]: add correct spelling and link.
I have already mentioned the guy’s robust views about the upcoming Live8 musical event about to hit central London and I make no apologies for following up by plugging a fine book by Richard D. North in which he defends affluence and modern industrial society in his book, Rich Is Beautiful. Written in a deliberately provocative tone of voice, North crushes one modern shibboleth after another in a style reminiscent of a British P.J. O’Rourke. First class.
It is good to see that some dissenting voices are being heard amidst the babble that is surrounding the G8 event.
I find it interesting to see that a moderate voice for the free market like Alex Singleton (who, unlike me, supports Third World debt cancellation) is being attacked by a neo-communist who describe him as a ‘dangerous extremist’, even though Alex’s views on these particular issues are little different from the Department for International Development or that paragon of Thatcherite virtues, Clare Short. Well who knows, perhaps some of Alex’s critics have pecuniary ties to large pharmaceutical companies? It is amazing the enemies you make when you stand up for free trade and against vested interests.
Alex is a splendid chap but frankly I do not find him nearly extreme enough when it comes to Africa, but perhaps that is my job.
Richard B. North has a terrific set of articles about the current focus on Africa, debt-relief and poverty brought about partly by the efforts of Sir Bob “keep it off eBay” Geldof. It is fair to summarise that North is not totally blown away with admiration by the scruffy former lead singer of the Boomtown Rats, or indeed with the grandstanding of our own wonderful PM, Tony Blair.
Definitely not the sort of articles one would expect to get on a college degree reading list. How I wish the weblog existed when studying for my degree back in the 80s.
“I think that maybe – just maybe – anti-Wal Mart sentiment has more to do with an aversion to the white, rural ethnology the store sometimes represents than its labor practices. We can’t have our Ethiopian restaurants and esoteric bookstores blighted by NASCAR culture.”
– The always good American blogger Radley Balko, telling it like it is.
It was written as…
The US taxman, the internal revenue service, argues that KPMG’s tax shelters between 1996 and 2002 cost the government $1.4bn in lost revenues.
But I prefer to see it as… “KPMG’s tax shelters between 1996 and 2002 saved the public $1.4bn which was used to generate productive economic activity”
As I remarked in my previous post, Sir Bob Geldof is an annoying gentleman but capable of moments of lucidity. (I was a bit rude about him in my previous post. Sorry Bob). As an act of charity to the fellow, here is a quotation he might like to ponder:
“I see in the free trade principle that which will act on the moral world as the principle of gravitation in the universe- drawing men together, thrusting aside the antagonisms of race, and creeds and language, and uniting us in the bonds of eternal peace… I believe the effect will be to change the face of the world, so as to introduce a system of government entirely distinct from that which now prevails. I believe the desire and the motive for large and mighty empires and gigantic armies and great navies… will die away… when man becomes one family, and freely exchanges the fruits of his labor with his brother Man.”
Those words were uttered by Richard Cobden about 150 years ago, a man who saw a congruence between the ideals of personal liberty, concern for the welfare of one’s fellows, and the free market order. For him, like his great Victorian contemporaries like Sir Robert Peel, free trade was a progressive cause to be championed in the interests of the little guy, and not the cause of big powerful interests. It is a message that urgently needs to be understood by those who, no doubt from fine motives in a few cases, rail against global capitalism.
If the case for the free market is to be more widely advanced, we have to appeal to the sense of idealism and concern for the downtrodden that animated our ancestors and could still appeal to the decent folk on the left. It is worth a try, anyway.
Sir Bob “Make Poverty History” Geldof is getting the vapours over the fact that tickets for his various supposed poverty-relief events have been put up for sale on that symbol of dark, rampant capitalism, eBay. In particular, he seems all upset that a big corporation like eBay should make any money from such a highminded event.
Horsefeathers, is all I can say. eBay, in my view, contributes vastly more to the sum total of human happiness and welfare than that preening stage army of hasbeens, wannabees and well-intentioned nitwits that have clustered around Sir Bob. As has already been recounted in detail here, Sir Bob Geldof is a man of infuriating contradictions, able to talk with piercing clarity and lack of cant about the corruption of African governments and yet also willing and able to spout the cheap pieties that seem to accompany many a post-colonial guiltfest such as Live8.
If Africa’s economy were run with the same brio, dash and entrepreneurial brilliance of eBay, Sir Bob and his ilk would have to spend a little more time on what they supposedly do best.
UPDATE: thinking this through in the light of watching Geldof on the television, I can certainly applaud his desire to steer as much revenue to the poor of the world as possible but there seems no awareness on the part of the Live 8 crowd that what Africa needs is precisely the sort of business acumen of which eBay is a modern example.
UPDATE 1: eBay has blocked sales of such tickets on its pages, according to the BBC.
Moeletsi Mbeki, the brother of South Africa’s President, says that the private sector is key to modern economic development in Africa. But, he says, African leaders and Western donors are holding it back. On the website of his organization, the South African Institute of International Affairs, he argues that:
foreign donors could play a more constructive role than they are doing at present through their current efforts to sustain the political elites and African states with budgetary support and the like.
Instead of giving more money to African governments, Mbeki says donors should providing the expertise to help establish independent financial institutions like credit unions and savings banks and help shield them from political elites.
Moreover, African governments need less power and the private sector more:
Africa’s private sector is predominantly made up of peasants and secondly, of subsidiaries of foreign-owned multinational corporations. Neither of these two groups have the complete freedom to operate in the market place because they are both politically dominated by others – non-producers who control the state. Herein lay the weakness of the private sector in Africa that explains its inability to become the engine of economic development. Africa’s private sector lacks political power and is therefore not free to operate to maximize its objectives. Above all, it is not free to decide what happens to its savings.
→ Continue reading: President Mbeki’s brother: only the private sector will make Africa rich
The decision to write off billions of dollars in debt for various Third World nations is in effect a subsidy for bad governance. Oh sure, the debt relief is tied to various conditions aimed at improving the kleptocratic ways that are the norm in the world’s various hellholes, but it is still just a way of saying that in the final analysis it is western taxpayers yet again who will be the ones picking up bill for the actions of various corrupt WaBenz bureaucrats.
And what of those poor nations who actually do repay their loans? What of those who keep corruption under control and who have a ruling class that does not see private businesses as a personal piggy bank to be raided as needed? What message is sent to them when they see the incompetent and corrupt rewarded with free money so that some celebrity activists can make economic illiterates feel good about themselves?
Which brings me to Geldof. I just cannot figure out this guy; on one hand he says self-evident sensible things like (emphasis added):
Bob Geldof admitted today no amount of aid to Africa could eradicate poverty on the continent while its Governments remain corrupt. The former singer was launching a 170-page compact summary of the Africa Commission’s report which will be presented to the G8 summit this July.
And the maverick Irishman repeated his call for ‘hundreds of thousands’ to converge on Edinburgh to coincide with the summit at Gleneagles. He said: “The issue governance is at the forefront of this compact. You can’t give aid to countries when they return it to us in debt payment, especially if you don’t allow them to trade with us. None of that will function unless there is a decent Government.”
But then says something as preposterous as:
Fears over corrupt African regimes should not be used to delay aid to the poverty-stricken continent, Bob Geldof said yesterday. Less than 48 hours after both Tony Blair and George W Bush insisted that corrupt regimes had to be tackled to ensure that aid was not wasted, the Live 8 organiser told them to “get off the corruption thing” and deliver the promised help.
So what is one to make of that? By his own admission, Africa’s appalling governance is a huge contributing factor to poverty and woe (not to mention the continent’s horrific record regarding civil liberties) yet we are urged to “get off the corruption thing”. So to use Geldof’s sort of language… what the fuck?
If governance is perhaps the single biggest factor (amongst several) that makes the Third World so damn poor, surely the Western taxpayers whose money Geldof is to keen to give away should indeed be asking if they really want their money to end up in someone else’s Swiss bank accounts via Kinshasa or Freetown.
Sadly for Africa, most of the things written about the causes and solutions of poverty in the Third World, or at least the articles that get serious column inches, are drivel by ‘celebrity activists’ who are ill-informed and arrogant in equal measure. A prime example being the mind numbingly ignorant Chris Martin for example, who thinks ‘shareholders’, the people who provide the capital to wealth creating businesses, which are the “great evil of this modern world” rather than, say, the governments of North Korea, Cuba and Burma. But then such folks do not concern themselves with actual benefits to poor people in various far off places but rather with pithy soundbites and causing emotional surges brought on by ‘doing something’, regardless of whether or not it actually improves anything for anyone other that a few Mercedes Benz dealers in sub-Saharan Africa and some portfolio managers in Zürich.
No, none of this really has anything to do with helping common people in the Third World.
Jonathan Wilde of the admirable libertarian group blog, Catallarchy, argues that poverty, rather than wealth, is “unnatural”, in as much as it is the stupidity of governments, rather than some ineradicable feature of our world, that prevents humans from attaining the opulence (to use that lovely 18th Century word) that we are capable of attaining in co-operation with our fellows.
I am not so sure that Wilde is entirely right. Is it only the state that has in the past blocked the path to wealth? Surely the lack of scientific knowledge, limited division of labour and so forth played a part in poverty.
Don’t misunderstand me – I think that Wilde makes a good point, but to say that wealth and happiness is the natural state of mankind begs as many questions as it may answer. All the more reason, of course, to ram home the fact that our capitalist civilisation should be regarded as a marvel to be celebrated and defended.
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