To: Miss Marple
No, its more like building a house without a foundation.
The foundation for capitalism is the rule of law and private property rights.
32 posted on
10/13/2006 4:43:30 AM PDT by
DB
(©)
To: DB
The foundation for capitalism is the rule of law and private property rightsThey seem to have lifted millions out of poverty in China with a kind-of, sort-of capitalism that is not quite so clear on such things. I'd rather that the Bangladeshis had that opportunity to lift themselves out than not.
But it doesn't really matter what we say, micro-credit is a fast spreading phenomenon throughout the Third World, and thankfully so.
Regards, Ivan
33 posted on
10/13/2006 4:46:00 AM PDT by
MadIvan
(I aim to misbehave.)
To: DB
Does Bangladesh not have private property? I don't know much about them, but I believe they do. The fact that the very poor don't have property is because they are poor, not because there is a law against private property in Bangladesh.
I will check in later today for your reply. I need to leave for a few hours.
34 posted on
10/13/2006 4:46:37 AM PDT by
Miss Marple
(Lord, please look over Mozart Lover's and Jemian's sons and keep them strong.)
To: DB
Private property rights? What, pray tell, are they? I thought the Supremes eliminated such rights from the Constitution and no one seems to be doing anything about that atrocity. The Republic is toast if this is allowed to stand.
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