Monday, August 21, 2006

SOUTH KOREA, THE ARAB LEAGUE, AND CAPITALISM

Here is a very pertinent question for today: Why does the Republic of South Korea, a small country (formed in the aftermath of the 1950-1953 Korean War stalemate) of nearly 50 million people, have a GDP of nearly $1 Trillion (within the top 15 of the world) that is larger than the combined 22-member Arab League (formed in 1945 to foster greater "economic, social, political, and military cooperation" among its overwhelmingly Islamic states)?

South Korea owes its freedom and prosperity, of course, to the sacrifices of the predominately American military forces (though it was an allied effort, I admit) that fought a really tough war under atrocious conditions to enable that. Moreover, the prosperity comes largely from American aid, industry, and consumers buying what are now world-class products (in virtually every class) emanating from Korea. This is, of course, totally lost on the world today, especially the left wing, who enjoy overlooking obvious, "inconvenient truths."

However, what they have accomplished in 50+ years is miraculous. It is a tribute to their industrious society and the simple truths of Capitalism unleashed in the aftermath of that destructive war. (Hint - take a look at their northern neighbor.)

It is a shame that the Islamic states are still stuck with mostly autocratic, theocratic, and often Socialistic governments that hold their people back. Little progress toward world peace will ever be made so long as this is the case. Islam is in desperate need of an "Enlightenment," as Christianity went through in the 18th century (with roots in the 16th and 17th centuries). Fundamentalist theocracies will only continue to stifle all of the human potential within these states.

TTC

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