MIT Study Reveals Why Africa Is Still Poor
MIT Study Reveals Why Africa Is Still Poor
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Africa is the poorest continent in the world. There are, as always, a lot of factors to consider as to why that is the case, but recently Daron Acemoglu and James A. Robinson from MIT have released a study detailing the…
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Why Africa
Africa looks like Africa because it's run by Africans
So they were better off as colonies you're saying.
This video insults the collective intelligence of Africa before colonialism. The assumption that knowledge came to Africa due to enslavement is unnervingly inaccurate. Africa was on its way to where the rest of the world was or is, if it wasn't for complete striping of human dignity of her people.
Good video, but it would have been even better if you didn't babble but talked at a sensible pace.
Thomas Sowell wrote about this decades ago and no one listened.
A new liberal mind,
The problem with economist is they are talking on human society as if they is no religion ore believes and no society.
As if there is no human fabric. The video ignore the Islamic effect, the Roman heritage (as if Roman are "Europe").
The connection of north Africa to Arab.
And how the world bank organizetion and the IMF are responsible of the destruction of big parts of Africa.
The guy did mention Diamond. But nothing about the weapon industries.
And of course only Europe can use "colonialism". And ideas as slavery was invented by Europe.
And that is the sort list …
This question can be answered quite accurately with just two letters.
Globally the world isn't interested in sharing with Africa, only taking from Africa. The only time the outside invests in Africa is to make the extraction of resources easier.
too many blk ppl
Socialism?
Two letters come to mind I and Q.
I can save the time and money wasted on the research at MIT and reveal it is because of the people that live there.
Europe would be poor also if it was colonized by Africans for hundreds of years.
It's a combination of lack of proper education, below average lnteIIigence, corruption, cuIture and geography.
Building stable institutions, property rights and rule of law is what brings prosperity. The rest is how to make the best use of your natural resources for the benefit of your nation.
To all those "brain drain" people, all over the world: go back and help your countries. Yes, it's easy for me to say that.
Africa is not obscured of the source of their problems while the source itself is playing puzzled. The entire world is aware except the source…
This video was a waste of my time and waste of your breath, and the former has value.
Corruption and leadership… that was directly caused by colonialism. Because of the structures, divisions, and boundaries left by the colonists.
The problem is white folks.
Was expecting Daron to just blame colonialism but he definitely layouted ALL the reasons. Quite surprising and probably explains why he is so renowned. Doesnt cater to mob mentality of blaming white people for every problem with no regard of more weighted driving factors.
Oh shoot! You forgot to mention the main reason why Africa can´t develop: imperialism!
Whether it´s been IMF or China, there´s always a countrrpart to any help to that continent…
Moreover, subsidized countries sell their goods to Africa for cheaper than they can produce locally so the population has no choice but to migrate to richer countries where, ô the irony, they are attacked by anti migrants morons…
Thanks for broomig the dust under the carpet, MIT economics!
I see a lot of comments from people saying something to the effect of "this was exactly what we already thought" when talking about the reveal of the problems. Just wanted to share why the things revealed in the video, for me, were certainly not "exactly what I thought" which also was about colonialism, enslavement and warlords, essentially.
The geography element causing the societies to fracture more often and lead to less overall large group cohesion is a factor that I certainly hadn't taken into account as an underlying one, and helps to explain WHY colonialism, enslavement and warlords are favored so much as a concept in Africa – they are more likely to "succeed" there. If you have a geography and culture that heavily favors less group cohesion, you invariably have more conflict between groups and less unified vision of what society could be, leading to less cooperation and trust. Cooperation and trust, as we have seen in the west with the rise of populism, is key to ensuring that institutions of society function, like laws, legal commerce, banks, functioning systems like postal, police and fire services, and so much more that we DON'T think about as much when these things are working correctly.
If you fracture how a people sees themselves, it's harder for them to put together a cohesive imagined future together. Geography already did that, which then favored the other problems covered in the video.
Thanks for listening to my brain dump.
It's the people. Nations are nothing more than an extension of the people who live in them. If the people are low iq, violent, and corrupt, the nation will be too. It's really not hard. No matter what system of government they operate under, (Liberia uses the US constitution word for word), the quality of the people will always influence the group that they form and the result will be the same. The same story plays out over every country of Africa, and in places like Haiti, and even in America where they congregate and govern. (Baltimore, Detroit, East Cleveland, etc).
Africa is poor because Colonizers raped and robbed all the recourses, that’s what I think, and that is what has happened, and before watching this I’m sure they try saying that’s not why Africa is poor, but I’d say BS to that.
Whenever I read Youtube comments about anything, it all comes back to everyone knows everything about anything while knowing nothing….SMH…
Please stop supporting better help. They hurt their workers and their clients and take way too much money and don’t pay therapists enough, and basically force them to work for free.
What is the average IQ of each continent? In the last 300 years, what has been the prevalence of the Bible in Africa?
What?? I guess I missed the point this presentation have made. perhaps I just didn't understand what they said for they've said nothing about what made us poor! ………..
I will concede all the historical problems with why Africa was poor in the past. But today those historical factors are not relevant. What is keeping Africa poor today is Corruption and governmental instability as you mentioned at the start. I would also throw in, too many countries on the continent. Consolidate them and have less government and get rid of the corruption and you would have the richest continent on the planet probably.