Dr. Jordan B Peterson and Magatte Wade discuss how economic freedom dictates the success potential of countries, and how Africa’s fixation on colonialism being the cause of their modern day struggles, rather than bureaucratic red tape, is what’s locking the continent into abject poverty.
Magatte Wade is an entrepreneur for change, having focused her efforts first on raising awareness and capital with her lip balm company, Skin is Skin. She would then become a TED Global Africa Fellow, giving lectures with the aim of changing the course of Africa’s history, and giving the rich continent a brighter future based on the free market.
A relatively free market is a good driver of growth, but it still needs laws to stop corrupt practices. The market has to be run as a fair market place so people can do business without being ripped off by fraudsters.
[Posted at the
SpookyWeather2 blog, September 3, 2022.]
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