Linked by Amjith Ramanujam on Thu 21st Aug 2008 23:44 UTC
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So one day there will suddenly be no third world anymore?
Assuming that these countries keep reforming, instilling property rights, crack down on corruption, ensure that the justice system is untained by political interference and corruption - yes it is possible. But given the number of clueless westerners hell bent on resurrecting socialism (but those individuals not having the slightest clue about economics to begin with) - I wouldn't be surprised if we see yet another experimentation with socialism in the third world.







Member since:
2005-07-06
So one day there will suddenly be no third world anymore?