Latin America, even after 200 years of political independence is dogged by mismanagement and corruption, kept afloat by borrowing and manipulation of monetary controls. Every ex-colony has had to realize that independence does not guarantee happiness and prosperity; industries must be slowly developed, people properly educated, and institutions built. Some characteristics of prosperous countries are thus a belief in progress; openness to outside influences; a desire to produce rather than consume; a high value put on learning; emphasis on establishing the facts; and government by the people, for the people. The optimistic, hardworking countries will always have the edge, but it is the qualities of individuals that make them this way, and with enough individuals thinking the same way you have a culture. In the wealth or poverty, success or failure of nations, culture matters. In the success or failure of individuals, “culture” is character—honesty, perseverance, diligence, vision, self-education, living by results. (The Wealth and Poverty of Nations)
Posted on: Sat, 28 Sep 2013 17:01:20 +0000
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