Democracies, Capitalism, Cash

The Environmental Republican writes what I was thinking regarding the big news that most of the world's wealth resides in North America, Western Europe and some Asian countries. hmmmmmm........is there a connection? Scott is shocked but manages to find a link:

Those of us in countries that support capitalism and hard work are making more money than those that don't. I know, it's a shocka but it's true

In other news today, Thomas Sowell manages to smack down Hollywood's anticorporate attitude in one column.

The real comparison is not between what people are paid in Third World countries compared to what people are paid in the United States. The comparison that affects outcomes is what Third World people are paid by multinational corporations compared to what they can earn otherwise. By and large, multinational corporations pay about double the local pay in Third World countries.

But don't worry, this is the same Hollywood that puts out movies about how badly we treat out own too.

So to be clear, it's not good that capitalistic democracies have so much money compared to other places. It's not good that we export our capitalistic ways to those other places because it takes advantage of them. And it's not good that we export our capitalistic ways to those other places because is screws our own, who though richer than those other people, are still poor.