Sun. 10/03/21 15:03 EDT
.post #13
By what, and whose, measure?
This might be true if we assume that “institutional factors” in Botswana are “on par with” those of S. Korea, Taiwan or even the highly controlled “capitalist” region of China, but can we make this assumption?
Okay, but “where they are now” is perhaps not as important as “if they are headed anywhere,” “where they are headed” and “at what rate.”
I alluded earlier to the fact that every government survives and thrives by parasitically extracting the wealth produced by the host or slave class. Just as producers must learn better ways of creating wealth, so must governments learn better ways of parasitically extracting that wealth. Perhaps some of Africa’s governments are finally learning that, by allowing the host class to grow more wealthy, there is more wealth to be extracted.