Hello,
Listening to the podcast I've noticed an economic sophism that Stefan fell in. This is not the precise wording but the idea is that Stephan said that economic problem in third world countries in Africa are partly caused by agriculture gouvernment subsidies in US that makes agricultural products in Africa non competitive and thus eliminates farmer jobs in these countries. This is true that subsidies render the African farmers non competitive and destroys jobs in that sector. Nevertheless this doesn`t render African poorer. In fact it is the opposite. For instance, if you give a car, a house, free food, fuel, electricity, and everything else free to everybody in Africa, then Africa will be the richest continent on earth. The goal of a perfect economy is not to have jobs but to have stuff. If you can have stuff without work then you have the best economic system ever. So the subsidies to US agriculture enrich Africa and US Farmers in detriment of the US tax payers. I totaly agree with Stefan on the rest of his explanation, Africa is poor simply because work is forbiden by multiple fascist laws and there is absolutely no respect for properties.
