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 ...
As Margaret Thatcher used to say, the facts of life are conservative.
Bono learned enough about economics to accumulate a net worth of about 700 million dollars.
Being a millionaire socialist is an inherintly hypocritical and stupid position.
Day late and a dollar short dope.
So it had nothing to do with U2 song-writing?
Uh huh, so that’s why U2 incorporated in The Netherlands rather than their native Ireland, eh Boner?
A little late, this has been a proven fact all along.
It only took him 65 years to grow up. But at least he did.
Not entirely capitalist
For successful entertainers, the hard part tends to be knowing how to keep and grow their earnings into substantial wealth. That is where sense about money and economics is required, a set of skills that is far apart from being a good songwriter and performer.
well... Uuuummmm... Hhmmmm.... ....He’s still a fkn moron for taking too long to realize it!! Next!!
bad picture dude... Promoting a toddler doing this, mostlikely coached by a parent has ZERO class. not even funny... not even cool...
Good for him. Finally saw the light.
Guess he figured out that since he's rich, he has "resources" that will be taken away from him and squandered by the pols who will redistribute it to themselves. Took him long enough.
Well, to his credit, there really isn’t any occupation more distant from cronyism and corruption than rock star.
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