China is operating in Congo in a brutal way that smacks of slavery. Congolese work in mines for very low wages. China is not concerned with sustainability and often commits a predatory economy. The country also does not respect human rights. Still, the developing country's government is letting itself be wrapped up, because the Chinese don't make moral demands like the West does. China works with a closed stock exchange in Congo. For example, they build 20 schools in exchange for being able to operate 10 copper mines for 1 year. But that is often peasant deception: the value of the school buildings is sometimes only 10% of the value of the extracted raw materials.
Mark EyskensRelated topics
able build country developing example government human low peasant respect school value wages way west work wrap year works Congolese mines sustainabilityRelated quotes
ISIL speaks for no religion. Their victims are overwhelmingly Muslim, and no faith teaches people to massacre innocents. No just God would stand for what they did yesterday, and for what they do every single day. ISIL has no ideology of any value to human beings. Their ideology is bankrupt. They may claim out of expediency that they are at war with the United States or the West, but the fact is they terrorize their neighbors and offer them nothing but an endless slavery to their empty vision, and the collapse of any definition of civilized behavior. And people like this ultimately fail. They fail, because the future is won by those who build and not destroy.
Barack Obama
Well, you know, a lot of work nowadays [c. 1991] tends to be illustrative of theory already written, and some of it tends to be quite consciously didactic, as if the determination is to teach somebody something. And letting that go for the moment, as far as its value is concerned, it's exactly the opposite of what I seem to find most useful, and that is to leave things open and not determine anything except the very clear form. The form is always very simple and clear. What is experienced is uncertain and unforeseeable, which is why I do it, and its point is never clear to me, even after I've done it. So that's a very, very different way of looking at the nature of our responsibility in the world.
Allan Kaprow
One of the first things they teach stockbrokers is to stay out of the stock market. Brokers make their pile from selling advice, and from commissions on stock transactions. They can't predict the market, and few risk their own money. They, at least, only affect their clients' fortunes. Economists, though, can ruin the lot of us with their advice - yet if no science can predict a relatively closed system like the stock market, how the devil are you going to 'fine tune' something a large as the American economy? I'd think it arrogant to try; as arrogant as the man with three illiterate drug-addicted spoiled brats writing a book on parenting.
Jerry Pournelle
Objectively speaking, the history of North Korean state has been one of an ambitious social if brutal experiment that ended in a very ugly disaster. Essentially, the 70 years of the Kim Family's rule have been the wasted years. The Kim family did not merely build one of the world's most "perfect” Stalinist dictatorships, but also managed to transform into a basket case what once, in the 1940s, was the most advanced industrial economy of East Asia outside Japan. However, one should not expect that such a pessimistic, if honest, view of North Korea's past, is going to be enthusiastically embraced by those North Koreans who bother to care about such matters.
Andrei Lankov
We have defined the main task of economic analysis as the explanation of the magnitudes of economic quantities. The student will find also that the main part of this, as of most other works on the subject, is concerned with the theory of the determination of prices, wages, interest rates, incomes, and the like. He may well inquire, therefore, in the midst of so much mathematics, whether the first task of economics is not the investigation of wealth, or welfare. Some economists have endeavored to restrict the boundaries of the science to the investigation of those quantities which are numerically measurable. Well-being, under such a restriction, would not be part of economics at all.
Kenneth Boulding