Posted on 10/26/2022 9:01:32 AM PDT by montag813
by Becca London | RNN
Bono, the lead singer of U2, said that he has realized the redistribution of resources won't help poor people the way that commerce and entrepreneurial capitalism will help them.
The iconic musician and humanitarian made the comments during an interview with the New York Times published Monday. He talked about starting out as a left-wing activist but eventually realizing that capitalism helps the most poor people.
"I ended up as an activist in a very different place from where I started. I thought that if we just redistributed resources, then we could solve every problem. I now know that’s not true," Bono explained.
"There’s a funny moment when you realize that as an activist: The off-ramp out of extreme poverty is, ugh, commerce, it’s entrepreneurial capitalism," he added. "I spend a lot of time in countries all over Africa, and they’re like, eh, we wouldn’t mind a little more globalization actually. I would point out that there has been a lot of progress over the years."
He went on to point out that businesspeople are heroes because they bring jobs to communities.
"Capitalism is a wild beast. We need to tame it," Bono said. "But globalization has brought more people out of poverty than any other -ism. If somebody comes to me with a better idea, I’ll sign up. I didn’t grow up to like the idea that we’ve made heroes out of businesspeople, but if you’re bringing jobs to a community and treating people well, then you are a hero. That’s where I’ve ended up."
He also said he doesn't like seeing people wear shirts with the visage of Che Guevara, the communist fighter who helped a dictatorship seize control of Cuba.
(Excerpt) Read more at rightnewsnow.org ...
Capitalism and development are also the solution to “climate change”. Go criticize China and India. Leave the US alone: we aren’t the problem.
Wow, when you can convince Bono that socialism is bad, that is sayin something.
Better late than never I guess.
“Show me a young man who is not a liberal, and I’ll show you a man without a heart. Show me an old man who IS a liberal, and I’ll show you a man without a brain.”
Welcome to the party Bono, though a bit late.
This has just dawned on him? Okay, so he’s slow. Better late than never.
A main reason I am a capitalist. I love people and want them to thrive.
Wow, he came out of his liberal coma, congrats Bono, better late than never, now go spread the word.
His emotion and acute human sensitivity may make him a very popular artist, but those same traits also makes him a dumb-ass and shyte economist.
I believe he’s actually felt that way on the subject of gettin people out of poverty for quite a long time at this stage. He’s right at least about the capitalism, but he’s got other problems. (When U2 gratuitously endorsed the pro-abortion referendum in Ireland, they lost yours truly and I think quite a few others.)
So... Bono met the Tax Man... should’ve listened to the Beatles before spewing lies for decades.
can we toss the leftist pejorative capitalism?
it is free enterprise
individual freedom creates the successful affluent society
i do not consider business people heroes
successful yes
Bono: “Capitalism takes more people out of poverty than aid”
Aug 12, 2013
I don’t think this only recently dawned on him...I think instead that this is the first time he felt he could actually SAY IT out loud publicly....
Which gives me much greater confidence in the future.
Not completely surprising. For what it is worth, In past years Bono has praised GWB with his HIV/AIDS efforts in Africa. He also claims to have developed a close relationship.
He’s not for capitalism. He’s for globalism which embraces fascism.
Duh! And I already knew this in high school when they were just becoming megastars. I’ve never changed. What a dweeb!
It may be to late to do anyone any good.
Bono isn’t dumb, he was temporarily misguided. The reality now that the socialists are in power are too obvious to miss.
Good for him for having the guts to say so.
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