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#392: Re: preval in new orleans (fwd)
Why foreign investment?
Economic development is what the majority of Haitians want and need.
They need an infrastructure to foster this development. They may
benefit from a certain amount of investment capitol in ventures which
have high start up costs, such as heavy industry. Do they really need
foreign investment in rice and sugar, or in aquaculture? What areas
does Preval propose for Haitians to be operating independently of
foreign investment? What improvements to the infrastructure is he
implementing? Where is he encouraging Haitian individuals and
collectives to take advantage of these opportunities?
When there are profits from business, the decision about who gets them
is usually made by the owners of the business. Payments to non owners
are kept to a minimum. There will probably be many who say that
anything is better than the current economy. Perhaps. But Haitians
have sacrificed a lot for whatever political independence they have. It
seems a shame that they will not be able to transmit some of that into a
modicum of economic independence as well.