WebSeitz/wiki

(2009-08-15) Strong The Most Progressive Movement On The Planet

Michael Strong: The Most Progressive Movement on the Planet. What if there was a global movement that had the potential to eliminate poverty and war in our lifetimes by expanding opportunity for the world's poorest people? Most people would regard such a movement as an extraordinary source of hope and progress; it could lay claim to being the most progressive movement on the planet. What is this movement?

Most development economists now agree that the legal institutions of a nation are a primary determinant of how wealthy a nation is.

One metric of such legal rules is the Fraser Economic Freedom Index, which shows that of the 141 nations ranked, the ten nations with the least economic freedom are:

  • 1. Zimbabwe
  • 2. Angola
  • 3. Myanmar
  • 4. Republic of Congo
  • 5. Niger
  • 6. Venezuela

With the exception of the four oil producing nations, Angola, Venezuela, and Chad, these are among the poorest nations on earth.

Meanwhile, the world's most economically free nations are:

Compare photos of Dubai, before and after free zone designation, and photos of Shenzhen before and after free zone designation to get a sense of the increase in land values resulting from free zone designation

Although Dubai and Shenzhen have dubious reputations, the principal of massive wealth creation through free zones need not be associated with sweatshop manufacturing. In principal one could design an improved legal system that applied Fair Trade principles and used the land value gains to support women's issues. I've proposed both a Women's Empowerment Free Zone as well as a Fair Trade free zone.

The leading venue for exploring this world of entrepreneurial legal system creation is cleverly named "Let a Thousand Nations Bloom," the home to the most progressive movement on the planet, despite the fact that not everyone understands this.

Edited:    |       |    Search Twitter for discussion

Made with flux.garden