The most enlightening sister on the African continent love sister Dambisa

Your one of billions of us in Africa thank you

i like how she mentioned Maslow's Heirarchy of Needs as a basis for how we can increase economic growth. When there's no wealth, you are more focused on surviving as opposed to fighting for freedom and democracy. Economic Wealth truly is the prereq for Democracy.

Love her

The ideal of democracy is that every person's happiness should count equally, and it uses a shortcut to this by letting every person have a say in how that is obtained. It assumes that people looking out for themselves will maximize their well-being. This assumption is a fallacy however because even rational actors will have varying decision making skill (sometimes poor) and incomplete knowledge. Up until now, democracy's still been so much better than anything else that it has outperformed other alternatives in spite of this shortcoming. But now it's coming face to face with a system in China that through autocratic methods is making the decisions for its subjects possibly better than they could make for themselves. If so, then there's the formal possibility that more of the people on average could be happier than under a democracy making those decisions individually by themselves. It's hard to find a suitable metric for happiness for areas other than economics... for example human rights, and protecting rights of an individual over the benefit of the majority. Money buys a lot of happiness, but there are limits perhaps even different cross-culturally. This push-pull is an interesting battleground going forward and she may have hit on the head that this could be the central ideological conflict of this century.

@Time4Peace

3 жыл бұрын

Both types of systems, whether autocratic or democratic, or combination, can succeed as well and you can find examples among nations. The critical factor must be you need a collection of good people who genuinely want to build up the nation. Without such people, no system will work. Once you have a good group of people, the next factor is stability. At this stage of political development, a successful government will need to be autocratic, in the absence of robust institutions. Democracy cannot operate without strong institutions. The recent events in USA involving Trump administration testify to that.

It's a pity that views of her talk are low. The West aren't really interested in listening to any African economist, although much of what she said in the past 10 years in her talks have come to pass. She is knowledgeable about American political and economic situations but really there are already more than enough economists in US. She should spend more time on African nations as they are rising very fast but still with much challenges ahead not least of which is global warming.

@Rachidasister

3 жыл бұрын

I agree 100%. It is time for her to spend more time on Africa but as she says, Africa is linked to the West so I think she is taking a long road to come to Africa. You know how Westerners (elites) are full of themselves so most will not accept that they are smothering Africa through trade. Anyway, maybe because she also sits on all these corporations boards, she is not ready to address the issue of corporations stealing Africa?

Viva ajuventudea Africana

She's fantastic. The guy...a bit pompous and annoying...

@martinlatimeri6672

5 жыл бұрын

pompous, yes, he is

If only she has a bigger platform and the ears of those in power, east and west

In any organization ~ 10 to 15 % run the show.

Alexandria Ocasio-Cortez, Andrew Yang, Tulsi Gabbard and Ilhan Omar: There is still hope for America too.

@josephjasen1293

5 жыл бұрын

José Albino Santos Nogueira nah thanks! America doesn’t need collectivists

@josealbinosantosnogueira6013

5 жыл бұрын

@@josephjasen1293 Don't you think that it's up to your countrymen to decide that?

@joanaggas3079

4 жыл бұрын

This isn't a communist country. Try to force those people on the nation and you'll get a civil war!

Mandatory voting ? Or you are shut out of the economy? That is an African idea.Good for her!

@Time4Peace

3 жыл бұрын

It's like paying tax. It's an obligation.

Eve and the Serp ?