Here’s a thought from Winston Churchill on equality, ethics, capitalism and socialism: “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”
Federal officials raided a bunch of apartments in California last month, as part of an investigation into a “birth tourism” scam. It seems that thousands of pregnant Chinese women have flown into the United States on fraudulent visas so their babies would be born in this country — and, thus, become instant U.S. citizens.
Today's Third World poverty is mostly self-inflicted — indigenously created. The growth-promoting characteristics of the non-poor countries that are all but absent in poor countries are protected private property rights, personal liberty, enforcement of contracts, rule of law and a market-oriented economic system.