About a year ago, a prof at NC State wrote that capitalism is what’s holding back economic progress in Africa, allegedly because capitalists are too greedy to give villagers mosquito nets. To that prof, I say, “Go sit in the corner with the dunce cap on your head.”
The trouble with Africa is its lack of capitalism, owing to repressive and kleptomaniacal governments. In this book review, Doug Bandow examines a recent work by African economist George Ayittey, who understands that Africans need to be unchained from their rulers.
