The 'private Sector' Of The

Government-to-government Foreign Aid Promotes Statism, Centralized Planning, Socialism, Dependence, Pauperization, Inefficiency, And Waste. It Prolongs The Poverty It Is Designed To Cure. Voluntary Private Investment In Private Enterprise, On The Other Hand, Promotes Capitalism, Production, Independence, And Self-reliance.

There Is A Profound Contrast Between The Effects Of Foreign Aid And Of Voluntary Private Investment: Foreign Aid Goes From Government To Government. It Is Therefore Almost Inevitably Statist And Socialistic.

The Whole Gospel Of Karl Marx Can Be Summed Up In A Single Sentence: Hate The Man Who Is Better Off Than You Are. Never Under Any Circumstances Admit That His Success May Be Due To His Own Efforts, To The Productive Contribution He Has Made To The Whole Community. Always Attribute His Success To The Exploitation, The Cheating, The More Or Less Open Robbery Of Others. Never Under Any Circumstances Admit That Your Own Failure May Be Owing To Your Own Weakness, Or That The Failure Of Anyone Else May Be Due To His Own Defects - His Laziness, Incompetence, Improvidence, Or Stupidity.

You Cannot Make A Man Worth A Given Amount By Making It Illegal For Anyone To Offer Him Anything Less. You Merely Deprive Him Of The Right To Earn The Amount That His Abilities And Situation Would Permit Him To Earn, While You Deprive The Community Even Of The Moderate Services That He Is Capable Of Rendering. In Brief, For A Low Wage You Substitute Unemployment. You Do Harm All Around, With No Comparable Compensation.

Capitalism Will Continue To Eliminate Mass Poverty In More And More Places And To An Increasingly Marked Extent If It Is Merely Permitted To Do So.