How did SOUTH KOREA become so RICH?

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Yonis

Puntland Youth Organiser
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This is an illusion. Every state has corruption, especially the wealthiest, that's how they became wealthy in the first place.
You clearly have no idea how countries become affluential, read the book "the wealth of nations"
 
They value work over there to the point where taking a vacation or time off from work is looked down on.:gucciwhat:
niggas like that will inevitably prosper.
 
You clearly have no idea how countries become affluential, read the book "the wealth of nations"
What's affluential? Do you mean influential, or affluent?


Smith is a classic pro-genocidal globalist.

1. Wealth of nations is heavily contradictory against his other work Theory of Moral Sentiments.

2. Adam Smth, David Ricardo, Thomas Malthus (malthusian theory of culling 95% of the worlds population,) John Mills, all went to the same school.
The little known school was called The East India Company College (Hayleybury school today.)

https://en.wikipedia.org/wiki/East_India_Company_College


The Wealth of Nations was written by Adam Smith due to his paid retainer: paid and commissioned by the East India Company.
This was done so that they could reorganize Britain's faltering empire, after the British empire was defeated and lost the North American colonies.
The American System was to build infrastructure to advance economies, increase quality of life and raise the human condition.
Adam Smith advocated and campaigned for the construction and development of the opium trade from India as way to generate hard currency.


Yes, Adam Smith was an East India Propagandist of the highest order, paid salary recipient throughout most of his life.

Somalia is THE perfect example of Adam Smith's ideal and perfect free market capitalism. Look where we are bud.

Smith is the anti-thesis of Marx. Both of them at the extreme opposite end whilst offering no definitive solutions.

You can never build a great nation without: large scale infrastructure, regulations to prevent monopolies, corruption, abuse of consumers, and insure the wellbeing of the most vulnerable members of society, while at the same time encouraging entrepreneurship to spur growth and innovation.

So no, The Wealth of Nations is not the way to build a nation. The title is misleading, but that's normal for those new to economics and finance.
 
What's affluential? Do you mean influential, or affluent?


Smith is a classic pro-genocidal globalist.

1. Wealth of nations is heavily contradictory against his other work Theory of Moral Sentiments.

2. Adam Smth, David Ricardo, Thomas Malthus (malthusian theory of culling 95% of the worlds population,) John Mills, all went to the same school.
The little known school was called The East India Company College (Hayleybury school today.)

https://en.wikipedia.org/wiki/East_India_Company_College


The Wealth of Nations was written by Adam Smith due to his paid retainer: paid and commissioned by the East India Company.
This was done so that they could reorganize Britain's faltering empire, after the British empire was defeated and lost the North American colonies.
The American System was to build infrastructure to advance economies, increase quality of life and raise the human condition.
Adam Smith advocated and campaigned for the construction and development of the opium trade from India as way to generate hard currency.


Yes, Adam Smith was an East India Propagandist of the highest order, paid salary recipient throughout most of his life.

Somalia is THE perfect example of Adam Smith's ideal and perfect free market capitalism. Look where we are bud.

Smith is the anti-thesis of Marx. Both of them at the extreme opposite end whilst offering no definitive solutions.

You can never build a great nation without: large scale infrastructure, regulations to prevent monopolies, corruption, abuse of consumers, and insure the wellbeing of the most vulnerable members of society, while at the same time encouraging entrepreneurship to spur growth and innovation.

So no, The Wealth of Nations is not the way to build a nation. The title is misleading, but that's normal for those new to economics and finance.

The East India Company school wasn't even established until 1806, so where do you get this?

https://en.wikipedia.org/wiki/East_India_Company_College

Adam Smith attended the Burgh School, the University of Glasgow and Oxford. Surely if he was an alumnus of the East Indian College he would have been listed with the other notable alumni in the link you posted. But he's not there. Smith was an academic who ended up Rector of the University of Glasgow. He was also a severe critic of the East India Company and monopolies in general.

"In time, The Wealth of Nations won Smith a far-reaching reputation, and the work, considered a foundational work of classical economics, is one of the most influential books ever written."

Smith is considered a radical and is influential even today.

http://businesseconomist.blogspot.com/2011/04/adam-smith-on-east-india-company.html

https://www.biography.com/people/adam-smith-9486480?_escaped_fragment_=

"Early Years

While his exact date of birth isn’t known, Adam Smith’s baptism was recorded on June 5, 1723, in Kirkcaldy, Scotland. He attended the Burgh School, where he studied Latin, mathematics, history and writing. Smith entered the University of Glasgow when he was 14 and in 1740 went to Oxford.

Professional Life
In 1748, Adam Smith began giving a series of public lectures at the University of Edinburgh. Through these lectures, in 1750 he met and became lifelong friends with Scottish philosopher and economist David Hume. This relationship led to Smith's appointment to the Glasgow University faculty in 1751.


In 1759 Smith published The Theory of Moral Sentiments, a book whose main contention is that human morality depends on sympathy between the individual and other members of society. On the heels of the book, he became the tutor of the future Duke of Buccleuch (1763–1766) and traveled with him to France, where Smith met with other eminent thinkers of his day, such as Benjamin Franklin and French economist Turgot.

The Wealth of Nations
After toiling for nine years, in 1776 Smith published An Inquiry into the Nature and Causes of the Wealth of Nations (usually shortened to The Wealth of Nations), which is thought of as the first work dedicated to the study of political economy. Economics of the time were dominated by the idea that a country’s wealth was best measured by its store of gold and silver. Smith proposed that a nation’s wealth should be judged not by this metric but by the total of its production and commerce—today known as gross domestic product (GDP). He also explored theories of the division of labor, an idea dating back to Plato, through which specialization would lead to a qualitative increase in productivity.

Smith’s ideas are a reflection on economics in light of the beginning of the Industrial Revolution, and he states that free-market economies (i.e., capitalist ones) are the most productive and beneficial to their societies. He goes on to argue for an economic system based on individual self-interest led by an “invisible hand,” which would achieve the greatest good for all.

In time, The Wealth of Nations won Smith a far-reaching reputation, and the work, considered a foundational work of classical economics, is one of the most influential books ever written.


In 1787, Smith was named rector of the University of Glasgow, and he died just three years later, at the age of 67."
 
Last edited:

Von

With blood and Iron will we reach the fatherland
a 10 minute video that explains South Korea's economic development/history
 
What's affluential? Do you mean influential, or affluent?


Smith is a classic pro-genocidal globalist.

1. Wealth of nations is heavily contradictory against his other work Theory of Moral Sentiments.

2. Adam Smth, David Ricardo, Thomas Malthus (malthusian theory of culling 95% of the worlds population,) John Mills, all went to the same school.
The little known school was called The East India Company College (Hayleybury school today.)

https://en.wikipedia.org/wiki/East_India_Company_College


The Wealth of Nations was written by Adam Smith due to his paid retainer: paid and commissioned by the East India Company.
This was done so that they could reorganize Britain's faltering empire, after the British empire was defeated and lost the North American colonies.
The American System was to build infrastructure to advance economies, increase quality of life and raise the human condition.
Adam Smith advocated and campaigned for the construction and development of the opium trade from India as way to generate hard currency.


Yes, Adam Smith was an East India Propagandist of the highest order, paid salary recipient throughout most of his life.

Somalia is THE perfect example of Adam Smith's ideal and perfect free market capitalism. Look where we are bud.

Smith is the anti-thesis of Marx. Both of them at the extreme opposite end whilst offering no definitive solutions.

You can never build a great nation without: large scale infrastructure, regulations to prevent monopolies, corruption, abuse of consumers, and insure the wellbeing of the most vulnerable members of society, while at the same time encouraging entrepreneurship to spur growth and innovation.

So no, The Wealth of Nations is not the way to build a nation. The title is misleading, but that's normal for those new to economics and finance.

Cadmus,

What do you get out of making this stuff up?

The names are right, but the content is pure fiction. NONE of the named attended the East India Company College.

https://en.wikipedia.org/wiki/Thomas_Robert_Malthus
"The seventh child of Henrietta Catherine (Graham) and Daniel Malthus,[12][13] Robert Malthus grew up in The Rookery, a country house in Westcott, near Dorking in Surrey. Petersen describes Daniel Malthus as "a gentleman of good family and independent means... [and] a friend of David Hume and Jean-Jacques Rousseau".[14] The young Malthus received his education at home in Bramcote, Nottinghamshire, and then at the Warrington Academy from 1782. Warrington was a dissenting academy, then at the end of its existence, and it closed in 1783; Malthus continued for a period to be tutored by Gilbert Wakefield who had taught him there.[15]

Malthus entered Jesus College, Cambridge in 1784. There he took prizes in English declamation, Latin and Greek, and graduated with honours, Ninth Wrangler in mathematics. His tutor was William Frend.[15][16] He took the MA degree in 1791, and was elected a Fellow of Jesus College two years later.[3] In 1789, he took orders in the Church of England, and became a curate at Oakwood Chapel (also Okewood) in the parish of Wotton, Surrey.[17]"

https://www.thoughtco.com/biography-of-david-ricardo-1147407
"Ricardo began working full-time for his father at the London Stock Exchange when he was fourteen. When he was 21 his family disinherited him when he married a Quaker.

Luckily he already had an excellent reputation in finance and he set up his own business as a dealer in government securities. He quickly became very rich.

David Ricardo retired from business in 1814 and was elected to the British parliament in 1819 as an independent representing a borough in Ireland, which he served up to his death in 1823. In parliament, his main interests were in the currency and commercial questions of the day. When he died, his estate was worth over $100 million in today's dollars."

https://www.biography.com/people/john-stuart-mill-9408210
"When not carrying out his administrative duties, James Mill spent considerable time educating his son John, who began to learn Greek at age three and Latin at age eight. By the age of 14, John was extremely well versed in the Greek and Latin classics; had studied world history, logic and mathematics; and had mastered the basics of economic theory, all of which was part of his father’s plan to make John Stuart Mill a young proponent of the views of the philosophical radicals.

By his late teens, Mill spent many hours editing Jeremy Bentham’s manuscripts, and he threw himself into the work of the philosophic radicals (still guided by his father). He also founded a number of intellectual societies and began to contribute to periodicals, including the Westminster Review (which was founded by Bentham and James Mill). In 1823, his father secured him a junior position in the East India Company, and he, like his father before him, rose in the ranks, eventually taking his father's position of chief examiner."
 
The East India Company school wasn't even established until 1806, so where do you get this?

https://en.wikipedia.org/wiki/East_India_Company_College

Adam Smith attended the Burgh School, the University of Glasgow and Oxford. Surely if he was an alumnus of the East Indian College he would have been listed with the other notable alumni in the link you posted. But he's not there. Smith was an academic who ended up Rector of the University of Glasgow. He was also a severe critic of the East India Company and monopolies in general.

"In time, The Wealth of Nations won Smith a far-reaching reputation, and the work, considered a foundational work of classical economics, is one of the most influential books ever written."

Smith is considered a radical and is influential even today.

http://businesseconomist.blogspot.com/2011/04/adam-smith-on-east-india-company.html

https://www.biography.com/people/adam-smith-9486480?_escaped_fragment_=

"Early Years

While his exact date of birth isn’t known, Adam Smith’s baptism was recorded on June 5, 1723, in Kirkcaldy, Scotland. He attended the Burgh School, where he studied Latin, mathematics, history and writing. Smith entered the University of Glasgow when he was 14 and in 1740 went to Oxford.

Professional Life
In 1748, Adam Smith began giving a series of public lectures at the University of Edinburgh. Through these lectures, in 1750 he met and became lifelong friends with Scottish philosopher and economist David Hume. This relationship led to Smith's appointment to the Glasgow University faculty in 1751.


In 1759 Smith published The Theory of Moral Sentiments, a book whose main contention is that human morality depends on sympathy between the individual and other members of society. On the heels of the book, he became the tutor of the future Duke of Buccleuch (1763–1766) and traveled with him to France, where Smith met with other eminent thinkers of his day, such as Benjamin Franklin and French economist Turgot.

The Wealth of Nations
After toiling for nine years, in 1776 Smith published An Inquiry into the Nature and Causes of the Wealth of Nations (usually shortened to The Wealth of Nations), which is thought of as the first work dedicated to the study of political economy. Economics of the time were dominated by the idea that a country’s wealth was best measured by its store of gold and silver. Smith proposed that a nation’s wealth should be judged not by this metric but by the total of its production and commerce—today known as gross domestic product (GDP). He also explored theories of the division of labor, an idea dating back to Plato, through which specialization would lead to a qualitative increase in productivity.

Smith’s ideas are a reflection on economics in light of the beginning of the Industrial Revolution, and he states that free-market economies (i.e., capitalist ones) are the most productive and beneficial to their societies. He goes on to argue for an economic system based on individual self-interest led by an “invisible hand,” which would achieve the greatest good for all.

In time, The Wealth of Nations won Smith a far-reaching reputation, and the work, considered a foundational work of classical economics, is one of the most influential books ever written.


In 1787, Smith was named rector of the University of Glasgow, and he died just three years later, at the age of 67."
Adam Smith was known to have been groomed and privately tutored for a position within the East India Company long before the official establishment at Hayleybury, by the very same people who went on to teach at Hayleybury. Everyone I mentioned above had the same private educational tutoring long before they even set foot in University.

You would know this, if you had a good knowledge of British East India Company that went further than a 1 minute google search.

I don't expect you to know this, since you're not even aware of the devastating United States debt which is about to cause havoc on the global financial system. I stopped taking you seriously after that.
 
Cadmus,

What do you get out of making this stuff up?

The names are right, but the content is pure fiction. NONE of the named attended the East India Company College.

https://en.wikipedia.org/wiki/Thomas_Robert_Malthus
"The seventh child of Henrietta Catherine (Graham) and Daniel Malthus,[12][13] Robert Malthus grew up in The Rookery, a country house in Westcott, near Dorking in Surrey. Petersen describes Daniel Malthus as "a gentleman of good family and independent means... [and] a friend of David Hume and Jean-Jacques Rousseau".[14] The young Malthus received his education at home in Bramcote, Nottinghamshire, and then at the Warrington Academy from 1782. Warrington was a dissenting academy, then at the end of its existence, and it closed in 1783; Malthus continued for a period to be tutored by Gilbert Wakefield who had taught him there.[15]

Malthus entered Jesus College, Cambridge in 1784. There he took prizes in English declamation, Latin and Greek, and graduated with honours, Ninth Wrangler in mathematics. His tutor was William Frend.[15][16] He took the MA degree in 1791, and was elected a Fellow of Jesus College two years later.[3] In 1789, he took orders in the Church of England, and became a curate at Oakwood Chapel (also Okewood) in the parish of Wotton, Surrey.[17]"

https://www.thoughtco.com/biography-of-david-ricardo-1147407
"Ricardo began working full-time for his father at the London Stock Exchange when he was fourteen. When he was 21 his family disinherited him when he married a Quaker.

Luckily he already had an excellent reputation in finance and he set up his own business as a dealer in government securities. He quickly became very rich.

David Ricardo retired from business in 1814 and was elected to the British parliament in 1819 as an independent representing a borough in Ireland, which he served up to his death in 1823. In parliament, his main interests were in the currency and commercial questions of the day. When he died, his estate was worth over $100 million in today's dollars."

https://www.biography.com/people/john-stuart-mill-9408210
"When not carrying out his administrative duties, James Mill spent considerable time educating his son John, who began to learn Greek at age three and Latin at age eight. By the age of 14, John was extremely well versed in the Greek and Latin classics; had studied world history, logic and mathematics; and had mastered the basics of economic theory, all of which was part of his father’s plan to make John Stuart Mill a young proponent of the views of the philosophical radicals.

By his late teens, Mill spent many hours editing Jeremy Bentham’s manuscripts, and he threw himself into the work of the philosophic radicals (still guided by his father). He also founded a number of intellectual societies and began to contribute to periodicals, including the Westminster Review (which was founded by Bentham and James Mill). In 1823, his father secured him a junior position in the East India Company, and he, like his father before him, rose in the ranks, eventually taking his father's position of chief examiner."
Read what I just wrote about the private educational networks that existed way before the school opened.

Everyone I mentioned, whether they went to the subsequent opening, taught there, or had lifelong affiliation with the school were privately taught by the eventual founders of the school.
 
seoul-road.jpg


Crazy as f*ck :/ When will Somalia? Or any African country for that matter
 
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