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Behavioral economics: Can Africa get out of poverty? Telling it like it is!

October 16, 2014

Let me be psychologically blunt. The Chinese are invading Africa for its natural resources and cheap labor and the Africans who are not educated to handle the influx, will be lucky if they get 10 cents on the dollar invested in that poor, diseased, authoritarian bloody continent.  Sure, economic imperialism by the West in Africa was more blatant in previous centuries, but it happening again in more subtle ways? Why are the Africans, whether they live in Africa or in American, always get the short end of the economic stick? Well, it is a touchy subject enough for most writers to appear politically correct, but not this writer. African will continue to be exploited economically untill it gives up its “culture of poverty.” They have to start teaching western education in Africa. This is a tough problem for all cultures that can’t produce the good life. Some find oil and live well for a hundred years. Some find donors and live well for a generation. Some, the great ones, say “we need to give up the part of our culture that doesn’t work.” These leaders get assassinated because culture, whether good or bad, is cherished by its people. That is why most immigrants to the west spread their culture of poverty in rich countries. The Bible says you have to wait a whole generation to get free to achieve, but the truth is that it takes many generations because the parents WILL teach their kids how to stay poor in the name of the old tradition. The only reason that Japan is now a prospering democracy is that they got conquered by the west. The only reason that Germany today is no more fascistic and free to achieve the good life is that it was conquered by the west. Who will conquer Africa with the blessings of the poor? No one!

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