Season 1 · Episode 148
Why are some countries rich and others poor?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
May 7, 201929m 34s
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Show Notes
It’s a simple question. Why do some countries, rich is resources, still end up poor? Can we blame it all on dictatorships, corruption and war, or did those regimes occur because of poverty? Why is so much of Africa in the depths of poverty? Phil Dobbie asks Prof Steve Keen how we can fix the issue. Should we be spending more on building up the capital to establish successful economies, beyond the current focus on disaster relief. And is that possible in the current political climate?
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