Tuesday, July 8, 2014

Bono and the Cure for Poverty

I have always liked the music of U-2 and Bono. Now I am getting quite fond of his political views as well. Last November at Georgetown University at a meeting sponsored by the Global Social Enterprise Initiative and the McDonough School of Business, these were some of his thoughts:

“Today, we’re gonna discuss why rock stars should never, ever be given the microphone at institutions of higher learning,”

“Aid is just a stopgap,” “Commerce [and] entrepreneurial capitalism take more people out of poverty than aid. We need Africa to become an economic powerhouse.”

"America is ‘an idea.’ That’s how we see you around the world, as one of the greatest ideas in human history"

"Rock star preaches capitalism. Wow. Sometimes I hear myself and I just can’t believe it. But commerce is real. That’s what you’re about here. It’s real. Aid is just a stopgap."

“In dealing with poverty here and around the world, welfare and foreign aid are a Band-Aid. Free enterprise is a cure.

“Entrepreneurship is the most sure way of development.”

Like I said, I like what he is saying about how to improve the lot of people around the world....


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