Morocco faces a pressing challenge in water scarcity, posing significant hurdles to its socio-economic progress. Ranked among the nations with the lowest water resources per person by the World Bank,…
free trade
On December 13, 2022, delegates from forty-nine African countries and the African Union traveled to the United States to attend the US-Africa Leaders Summit. Burkina Faso, Mali, Guinea, and Sudan…
Last October, US Secretary of State Anthony Blinken declared: “We are at an inflection point. The post-Cold War world has come to an end, and there is an intense competition underway…
This is the transaltion of an article published by Nicolas Lecaussin on August 14th, 2013
What is the common point between Socialists as Claude Bartolone, President of the French National Assembly, Pierre Moscovici, the Finance Minister, MP Jérôme Guedj, Conservatives as Xavier Bertrand, Health minister during the Sarkozy Presidency, Environmentalists as European MP Daniel Cohn-Bendit, Nationalists as Marine Le Pen, President of the National Front and her speaker Florian Philippot, and the leftist review “Marianne”? Well, there are all anti free trade! All of them have found the perfect solution to the devastating economic crisis: more Government intervention, less economic freedom.
Big Governments usually do not trust people or companies to improve living conditions. That is why notions of “social justice”, “solidarity”, “equality” and above all “sharing” were hijacked by Governments and turned into an economic principle: redistribution. Since it is believed the Government is the only organization that can be fair and would share wealth without any interests of its own, collectivism has been on the top of political agendas. Reality and practice have blown up this utopian belief: Governments are acting for their own interest, the one of the public sector, hampering the private sector’s growth. Yet “sharing” does not need any Government to be implemented: citizens can do it on their own and be even more generous than Governments could imagine. A recent study done by Sinan Aral, an assistant professor and a Microsoft Faculty fellow at NYU’s Stern School of Business, leads us to believe that economic “sharing” and distribution of “wealth” do not need any Government to be fair. People can be trusted!