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0 pointsrandomafrican13y ago0 comments

>I don't want to sound cynical, but a repressive system is what capitalism has always preferred, right? So based on that alone you should see investors rushing for the gold already.

They do. In extractive industries and anything that involves negotiating favours with a government. And I'm not sure capitalism prefers a repressive system or that systems in Africa are that oppressive (or the right kind of oppressive).

> For potential angel investors, the lack of reliable statistics about the relevant markets is probably a big issue.

Chicken and egg. Statistics appear when there is a market for them (investors).

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2 comments · 1 top-level

netcan13y ago· 1 in thread

I don't see why/how you would call this capitalism. It's got nothing to do with free markets. It's not something anyone who describes himself as a free arket idealist would endorse.

The only thing capitalistic about it is that someone accumulates wealth.

Avshalom13y ago

Capitalism does not require a free market and while people are free to describe themselves how ever they want the actions of the vast majority of successful capitalists places them firmly in the pragmatist--instead of the idealist--camp.

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