Tuesday, April 30, 2013

Foreign Aid: A noble act of non-creative destruction


While the idea of providing monetary and financial incentives to facilitate the economic growth of undeveloped regions seems noble, there are distinct fallacies and unplanned destructive effects from that proposal.

 Many Africans regard governmental aid as a means of promoting cultural erosion through enforced programs, as well as an underhanded means of unscrupulous conditional exchange for the sovereign natural resource wealth of recipient countries.


Read more: http://communities.washingtontimes.com/neighborhood/liberating-africa-freedom/2013/mar/31/foreign-aid-noble-act-non-creative-destruction/#ixzz2S1I7fRmD

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