Tuesday, November 22, 2022

Activist Bono 2

(cont'd from yesterday's post)

Why is activist Bono in the news again? Because he did a recent interview with the New York Times about how to help the global poor, and anti-capitalists really didn't like it. Capitalism is the economic system that brings people out of poverty.

Bono himself doesn't like the idea: "The off-ramp out of extreme poverty is, ugh, commerce, it’s entrepreneurial capitalism." (He has plenty of company in his distaste.) But apparently he has enough integrity to tell the truth in spite of his prejudice against the answer.

"I didn’t grow up to like the idea that we’ve made heroes out of businesspeople, but if you’re bringing jobs to a community and treating people well, then you are a hero." Indeed.

from American Enterprise Institute

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