>The reason Bolivia has to rely on *foreign* capital to accomplish this
>much-needed work is that earlier socialist efforts to re-distribute
>income in the name of "social equity" essentially destroyed Bolivia's
>internal base of capital. This happens every time some well meaning
>but fuzzy-minded social engineer decides that certain people have too
>much money.
I find this analysis too simplistic. Bolivia's history includes not
only elected leftist governments but also military coups and military
dictatorships. It will take too long to discuss the issue here, but I
doubt if Bolivia's problems are due to socialism in general, as your
post implies. Cuban socialism is much kinder to children than American
capitalism (considering that Cuba had to keep its economy alive under
decades of economic embargo, and that it doesn't have the access to
resources of other countries that the US has).
I disagree with many aspects of socialism, but to blame it for
Bolivia's woes is pushing it too far.
Roberto Verzola
To Unsubscribe: Email majordomo@ces.ncsu.edu with the command
"unsubscribe sanet-mg". If you receive the digest format, use the command
"unsubscribe sanet-mg-digest".
To Subscribe to Digest: Email majordomo@ces.ncsu.edu with the command
"subscribe sanet-mg-digest".
All messages to sanet-mg are archived at:
http://www.sare.org/san/htdocs/hypermail
This archive was generated by hypermail 2b29 : Thu May 11 2000 - 22:02:08 EDT