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[quote=Muadib;375647]http://mobile.jamaica-gleaner.com/gl.../cleisure3.php
In the context of 'fairness' and all having a shot at attaining the 'commanding heights'.
[quote]
<The leader of the socialist government that caused the economic disaster that still troubles us today wrote an article explaining: "The fact is that we all seriously miscalculated the capacity of the State to intervene effectively. Despite the enormous sincerity we brought to the task, our nationalist and statist approach didn't work ... .">
[quote]
Michael explained - he was absolutely clear - that he never envisioned that those at the top would so vehemently rejected that 'fairness' and 'opening up of oportunity to the mass'.
<In 1980, Jamaican voters, faced with privation and an increasing number of sufferers, changed course back to the system they had rejected in 1972.
The economy soon began to grow again, albeit by small increments.
Stability was returning, and to the discerning, the repaired economy was about to take off. It was at this point that the voters determined that the very managers who had wrecked the economy should be put back in charge, because they were now talking capitalism and agreeing that the private sector should be the engine of growth.
The change around the end of 1989 and the new managers put their imprint on what followed for the next 18 years. While the world economy was growing, Jamaica lagged behind with less than one per cent average growth.>
Our Jamaica has never stiffled private sector growth. I will say that outside of mining and to a lessor extent agriculture our private sector revolves around buying from external sources and selling at highly inflated margins.
It is fact that the only other sector where rapid development in the private sector has occured in the last 50 years is the hospitality sector - tourism.
It would not be a stretch to state that with just about 100% of persons in the private sector in some shape or form involved in purchasing of foreign goods...applying a mark-up and selling to locals will not lend itself to putting our economy on fast-track to prosperity.
This latter just shows failure to understand exactly where we are and where we should be heading. Just silly partisan rhetoric.
<In November 1974, at a political rally, the leader of the country declared, "The capitalist system is the system that brought slavery to Jamaica. Under capitalism, we supported 300 years of colonialism and no way shall capitalism continue in Jamaica. Socialism is running Jamaica now!">
[quote]
<The leader of the socialist government that caused the economic disaster that still troubles us today wrote an article explaining: "The fact is that we all seriously miscalculated the capacity of the State to intervene effectively. Despite the enormous sincerity we brought to the task, our nationalist and statist approach didn't work ... .">
[quote]
Michael explained - he was absolutely clear - that he never envisioned that those at the top would so vehemently rejected that 'fairness' and 'opening up of oportunity to the mass'.
<In 1980, Jamaican voters, faced with privation and an increasing number of sufferers, changed course back to the system they had rejected in 1972.
The economy soon began to grow again, albeit by small increments.
Stability was returning, and to the discerning, the repaired economy was about to take off. It was at this point that the voters determined that the very managers who had wrecked the economy should be put back in charge, because they were now talking capitalism and agreeing that the private sector should be the engine of growth.
The change around the end of 1989 and the new managers put their imprint on what followed for the next 18 years. While the world economy was growing, Jamaica lagged behind with less than one per cent average growth.>
It is fact that the only other sector where rapid development in the private sector has occured in the last 50 years is the hospitality sector - tourism.
It would not be a stretch to state that with just about 100% of persons in the private sector in some shape or form involved in purchasing of foreign goods...applying a mark-up and selling to locals will not lend itself to putting our economy on fast-track to prosperity.
While people can yap about JLPNP dem bettah mek sure dem unnstan the importance of Govt that manage the economy... Yappers eiddah figghet fi vote or fall prone to their Household tendencies...
<We might find that it is not just the political and economic elite that has failed, but the voters themselves as well>
A few well come innah di Rum Bar often and disguise their crime with quixotic discussions about JAMAL, PNPJLP, Social Kontract. Roast Breadfruit and 'Poor black people'
<We might find that it is not just the political and economic elite that has failed, but the voters themselves as well>
A few well come innah di Rum Bar often and disguise their crime with quixotic discussions about JAMAL, PNPJLP, Social Kontract. Roast Breadfruit and 'Poor black people'
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