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Old 04-27-2007, 06:40 PM
ConstantineX ConstantineX is offline
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Join Date: May 2006
Location: Like PETA, ride for my animals
Posts: 658
Default Re: What Are You Optimistic About?

I actually agree with latefordinner. Willy-nilly privatization via the IMF's blackmailing is not the best way to do things - it encourages cannibalism simply because their internal markets aren't the best place to spend their capital (i.e Mugabe is busily investing in Swiss banks while his people are starving). This has led to the resurgence of a field called developmental economics which is more concerned with the efficacy of certain programs than any ideological basis. I agree with this - the shocks from immediately opening markets can sometimes be too great for people to bear, as shown by Russia and many third world countries. I feel ACers are sometimes too concerned with the end results than the process by which they get there.
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