Powellism and capitalism


Colin Powell:

Capital is a coward. It flees from corruption and bad policies, conflict and unpredictability. It shuns ignorance, disease and illiteracy. Capital goes where it is welcomed and where investors can be confident of a return on the resources they have put at risk. It goes to countries where women can work, children can read, and entrepreneurs can dream.
As quoted by Ambassador Cameron R. Hume in a speech on U.S. Government Initiatives in South Africa at the American Chamber of Commerce, Johannesburg, South Africa (18 September 2002)

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