Short but compelling article via Irish Central today, titled: Bono embraces capitalism as a way to lift the world out of poverty.
“Aid is just a stopgap,” he said. “Commerce/ entrepreneurial capitalism take more people out of poverty than aid. We need Africa to become an economic powerhouse.” According to the article, “Bono wields tremendous world influence and his awakening on capitalism can signal a ground shift on how world aid organizations actually find long term cures for poverty and disease, rather than putting a band aid on it … Sounds like Bono has seen the light.”
Video of speech at Georgetown University: